World Bank Cautious on 2021 Economic Outlook

The transcript discusses the challenges of vaccine access in developing countries and the World Bank's initiatives to support vaccine deployment. It highlights the economic outlook for 2021, emphasizing the importance of vaccinations and education in economic recovery. The transcript also addresses the growing inequality and economic impact of COVID-19, particularly in developing markets. The World Bank's financial strategies, including working capital and social safety nets, aim to support economies during the crisis.

What is one of the main challenges for developing countries in obtaining vaccines?

• Lack of interest in vaccines

• Excessive vaccine supply

• No need for vaccines

• High cost and limited access

How much financing did the World Bank approve to support vaccination systems in poorer countries?

• $12 billion

• $10 billion

• $5 billion

• $15 billion

What is considered a critical variable for improving the GDP outlook in 2021?

• Vaccinating as many people as possible

• Closing schools

• Increasing taxes

• Reducing government spending

What has been a significant economic issue for developing countries during the pandemic?

• Rising remittances

• Surplus of job opportunities

• Increased foreign investments

• Reduced remittances and slower investments

What is one of the World Bank's strategies to support vulnerable populations during the crisis?

• Promoting luxury goods

• Increasing taxes

• Providing social safety nets

• Reducing healthcare access