The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank’s chief economist Carmen Reinhart said. Al Jazeera reports that in a remote intervention during a conference held in Madrid, Reinhart said that “There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as much as five years”. The World Bank’s chief economist said the pandemic-caused recession will last longer in some countries than in others and will exacerbate inequalities. While for the first time in twenty years, global poverty rates will rise following the crisis, she added.