Global Recovery
Global recovery refers to the process through which economies and societies rebound from crises, such as financial downturns, natural disasters, or pandemics. This recovery often involves restoring economic stability, increasing employment, and revitalizing industries. For instance, the COVID-19 pandemic significantly impacted global economies, leading to widespread job losses and business closures.
Efforts to achieve global recovery typically include government stimulus packages, international cooperation, and investments in infrastructure. Organizations like the International Monetary Fund (IMF) and the World Bank play crucial roles in providing financial assistance and guidance to countries in need. Ultimately, successful global recovery aims to create a more resilient and sustainable future.