India, Brazil, and South Africa will face the 'harshest' economic impact from the coronavirus in major nations as they're corrupt and badly run, a report says

Adriano Machado/Reuters

• India, South Africa, and Brazil can expect the "harshest repercussions" from COVID-19 on their economies among G-20 members, according to a report released this week.
• These three economies lie at the very bottom of risk consultancy Verisk Maplecroft's "Recovery Capacity Index" when it comes to the coronavirus.
• "A drawn-out recovery for these markets will have severe repercussions for the investment community, consumer markets and multinationals," Verisk Maplecroft's report said.
• Visit Business Insider's homepage for more stories.

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The G-20's "least-resilient" nations are set to face far worse economic consequences than wealthier ones in the aftermath of the pandemic, according to a report by global political risk consultancy Verisk Maplecroft.

India, South Africa, and Brazil will experience the "harshest repercussions" as they attempt to recuperate economic losses this year, analysts David Wille and Joshua Cartwright wrote.

See the rest of the story at Business Insider

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• US weekly jobless claims defy economists and climb back above 1 million as the labor-market recovery slows

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