World Bank Chief Economist: Post COVID Recovery Could Take Five Years

World Bank's chief economist, Carmen Reinhart, expects full global economic recovery to take as long as 5 years.

At a virtual conference hosted by El Pais said "everything depends" on when a vaccine gets approved and how long it would take for global access.

Reinhart pointed out that the pandemic-caused recession will be more prominent.

She also said it would last longer in some countries than in others.