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Grand reopening: new opportunities, old risks

Vaccine security will shape the grand reopening.

While advanced economies delivered on immunization campaigns, vaccine hesitancy and second-generation vaccines are first-order priorities. In the meantime, under-vaccination in Asia and in Emerging Markets may cause desynchronized growth paths.

We expect global GDP to grow by +5.5% in 2021, with the US being a clear outperformer. In Europe, the return to pre-crisis levels will take one year more compared to the US (Q1 2022) and the return to the pre-Covid-19 growth path an extra four years – if it happens at all.

Download our latest report and learn more.

 

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Trade Credit Insurance solutions

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We build & manage robust, global insurance for credit risk & related services for you with confidence to trade.
Allianz Trade is the worldwide leader in export credit insurance and business debt collection, offering expert solutions such as account receivable management, trade credit, credit control, bad debt, bad debt recovery, debt collection & recovery, business risk, trade risk, industry risk, country risk rating, credit management, cash flow management, collect overdue payments and late payments. Our mission is to help customers globally to manage trading risk, trade wisely and develop their business safely.

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