New Delhi: The corona epidemic will bring about a major change in the world’s economic growth. Although the epidemic originated in China, the country will play a major role in the world financially. The United States will fall behind. Bloomberg came to this conclusion after analyzing the data of the International Monetary Fund. According to the report, China’s contribution to the world’s total economic growth in 2021 will be 28.7 percent. By 2025, it will increase to 28.7 percent. The U.S. contribution will be 11.6 percent and 10.6 percent, respectively. This means that China’s contribution will be 15 and 18 percent higher than in the United States, respectively. India, Germany and Indonesia are considered to be the five largest growth countries in the world, respectively.According to the estimates, India’s contribution to global economic growth in 2021 will be 10.2 percent. Behind the United States, India ranks third in this regard. But by 2025, the equation will change. With 13 per cent participation, India will take second place. The United States will be third behind India. For the first time in the last two decades, the number of people living in extreme poverty due to the global economic downturn due to the corona epidemic. “Continued decline in production will lead to poorer living conditions than pre-corona.” The poor are getting poorer. About 4 crore people will join the very poor category this year, said IMF chief economist Gita Gopinath. The IMF estimates that global economic growth will slow to 7.8 percent this year.
