Download or read book World Economic Outlook, October 2021 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-10-12 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health risks abound, holding back a full return to normalcy. Pandemic outbreaks in critical links of global supply chains have resulted in longer-than-expected supply disruptions, further feeding inflation in many countries. Overall, risks to economic prospects have increased, and policy trade-offs have become more complex.