Why global GDP might be $7trn bigger than everyone thought

Illustration of a pile of cash hidden under a sofa.

2024-06-06  1100  困难

In fact, there may be a better analogy. What the World Bank discovered was not additional money to spend, but the equivalent of a discount voucher, which cuts 4% off the price of every good and service the world buys in a year. That means global spending can stretch further than previously thought.

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