After the contraction in the second quarter of 2020, world economic activity began to increase, although it is still overshadowed by the risk of a COVID-19 second wave. Economic improvements differ from country to country, depending on the size of fiscal and monetary stimuli, as well as the successful handling of COVID-19 and increased human mobility.
*  *  *  As the global economy continues to heal from the devastation wrought by the financial crisis, we must not lose sight of our collective responsibility to ensure that the conditions that gave rise to the crisis are not repeated.