We actually don't know. when it will recover it is very critical situations all over globe.Every country are fighting with this pandemic situation .And the other hand we see economy are loosing their volume.It is worse than 2008 - 2009.Financial crisis are increasing in this year economy is -3 percent.Government should have take high responsibility and keep an ideal role maintain economy growth.In my opinion we are going through a War.
Because the world is being sabotaged by this pandemic and the country behind the virus as i believe that there are some people or groups that made this possible to ruin the world economy.
Are you serious? What country or group of people it can be in your opinion?
Everything is so interconnected in today's world that no one in their right mind would do or even plan something like that. And, fortunately, those who are demented do not have clearance for those procedures.
Even there will be a vaccine yet the effect will be long enough to be a burden for the whole world,because this will take time before we can stand again and back on what we have lost from this virus.
The losses are big, but it's far from being enough for ruining the world economy. I predict, it will not only survive, but it will be getting better and better, akin the post–World War II economic expansion.