Global activity has collapsed and the recovery will be slow and possibly interrupted
Stylised mapping of corporate credit ratings, defaults and pricing of risk
Argentina: Demand, output and prices (double-hit scenario)
Argentina: Demand, output and prices (single-hit scenario)
Australia: Demand, output and prices (double-hit scenario)
Australia: Demand, output and prices (single-hit scenario)
Austria: Demand, output and prices (double-hit scenario)
Austria: Demand, output and prices (single-hit scenario)
Belgium: Demand, output and prices (double-hit scenario)
Belgium: Demand, output and prices (single-hit scenario)