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World Bank Warns of Fleeting Economic Rebound

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Signs of a global rebound from the pandemic-induced economic slump will prove to be fleeting, the World Bank warned Tuesday. As surges of a new variant wreak fresh havoc on supply chains, intensifying logistical bottlenecks and exacerbating inflationary pressures, global growth is poised to decelerate “markedly” from 5.5 percent to 2021 to 4.1 percent in…

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