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Money Bills

Allianz Global Weath Report 2021

 

Asia, the undisputed growth champion

2020 was the year of extreme contrasts. The novel Covid-19 virus destroyed millions of lives and livelihoods, plunging the global economy into its deepest recession since World War II.
 
In 2020, the Eastern Europe region (+19.1%) was the growth champion, boosted by inflation and a strong rebound in Russia. It was followed by Asia (ex Japan) with +12.7% and North America with +11.6%.

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