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Global Economic Tracker – Insights and Trends (GET-IT) – BRICS Quarter 1 2014
Global Economic Tracker – Insights and Trends (GET-IT) – BRICS Quarter 1 2014
A Quarterly Pulse of Growth Opportunities
28-Oct-2014
Asia Pacific
Description
BRICS economies witnessed a massive slowdown in early 2014 owing to various domestic instabilities and are unlikely to return to pre-financial crisis growth levels in the near future. From a short-term perspective, the sluggish recovery in the US and in the Eurozone, production slowdowns in China, political conflicts in Russia, deteriorated business sentiments due to continued labour strikes in South Africa, rising prices in Brazil and India, suggest that BRICS economies are likely to flounder in H2 2014. Tapering of US monetary policy in October 2014 is likely to create sufficient volatility in the financial markets of BRICS and further capital plights; although undesired, this is highly plausible in the last few months of 2014.
Table of Contents
GET-IT BRICS Consolidated Excel Quarter 1 2014
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No Index | Yes |
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Podcast | No |
Author | Susmita Das |
WIP Number | 9A78-00-06-00-00 |
Is Prebook | No |