The fate of the economy in 2021 will also determine the long-term economic outlook. Right now, we will argue that the optimistic scenario seems more likely, but a negative reversal is also into play. Will EuropeŠ²Š‚ā„¢s Next Generation EU and BidenŠ²Š‚ā„¢s economic policies succeed in stabilizing the global economy and set the world on track for a brighter and more sustainable future? Will Asian economies gain ground in trade and technological innovation and set the foundations to become the dominant forces in the global scene?To analyze the trends of 2021, we need to take a look back at the year 2020 and where we are starting from. Black swan events, such as the Coronavirus pandemic affected every country on the globe. However, that doesnŠ²Š‚ā„¢t mean weŠ²Š‚ā„¢re all starting the new financial year in the same boat. In the following graph, you can see the GDP growth and unemployment rates of the top 10 GDP countries in the world. https://financer.com/ All of top 10 GDP countries had higher unemployment rates and decreasing GDP growth in 2020. The United States had a GDP growth of just 3.1%, smaller than Canada and all their European counterparts, and an unemployment rate of 8.1%, which is more than double the rate recorded in February. China stands out for having the best GDP growth/unemployment ratio, while Japan has the lowest unemployment rate, just above 2%. Since GDP growth and unemployment rates are strongly inversely correlated, we expect that a reversal of the 2021 unemployment trends will be drastic as soon as global lockdowns and travel restrictions come to end.