Economic momentum will be lost through 2021: CLSA

India has the weakest growth in fiscal 2020 of countries that we forecast at 15 per cent, but the strongest fiscal 2021 forecast at +14.5 per cent, CLSA said

As sporadic lockdowns pick up pace across major developed economies given the second wave of Covid-19 pandemic, growth in emerging markets is likely to be more resilient, said ERIC FISHWICK, chief economist at CLSA and ANTHONY NAFTE, their senior economist in an interview with Puneet Wadhwa on the sidelines of 23rd CITIC CLSA Annual India Forum. India, CLSA said, will have the weakest growth in fiscal 2020 in the Asian region, but the strongest growth in fiscal 2021. Edited excerpts:

What are your expectations for global growth in 2020, 2021? Is the recovery done till now sustainable?

Fishwick: Growth in