Economic Outlook

31 Mar 2021  |  Global

Global Economic Recovery in Post-Pandemic 2021

5.3% Global Growth Expected for 2021, with China and India to See Growth of 8% or More

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Key Issues Addressed

2020 was, without a doubt, an extremely turbulent year for the global economy, with lockdowns, sharp trade contraction, accelerated job losses, and supply-chain disruptions. Recovery started picking up towards the second half of the year with the easing of COVID-19 restrictions. The global economy nonetheless experienced a very deep 2020 recession....

The global economy witnessed a lot of turbulence in 2019, with intensified trade wars and Brexit delays influencing the growth story tremendously. Should businesses expect more volatility in 2020 or are global economic prospects looking up? This 2020 Global Economic Outlook research has been designed to answer this question and more by providing in...

01 Mar 2018  |  North America

Global Economic Outlook, 2018

Global GDP Growth Expected to Rise from 3.6% in 2017 to 3.7% in 2018 Supported by Increased Trade Flows, Higher Investments, and Strong Domestic Demand

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Key Issues Addressed

Amidst seismic events such as Brexit and oil production cuts, what is the outlook for the world economy in 2018? How will monetary policy tightening and landmark tax reforms influence the growth trajectory of key advanced and emerging market economies? This study answers these questions and more by evaluating the global and regional economic outloo...

The year 2017 will be the sixth year of global stagnation and the global economic outlook indicates a slow-growing global economy, ranging from 3.0% to 3.4% Gross Domestic Product (GDP) growth. Global economic growth and business confidence have had a mixed impact thus far. The world has entered a period of greater geopolitical uncertainty. Geopoli...

The 2016 economic outlook for the US is stable owing to improved housing and strong domestic demand. Growth in Canada is likely to continue to be poor even in 2016 due to its overdependence on oil and other commodities. The energy renaissance in North America in the form of US shale gas and Canadian oil sands has been setback due to low oil prices....

The global economy is finally stabilizing after the Great Recession, although some weak spots and new risks remain in the growth trajectory. In 2016, the growth of very promising economies such as the United States and the United Kingdom is expected, while economies such as Japan and China are likely to slow down. Furthermore, a slowdown is underwa...

Western Europe is likely to see improved growth in 2015 when compared to previous years. Increasing external demand, due to the strong growth in the United States and Asia, and strong domestic demand, are likely to steer the manufacturing sector towards a positive growth trajectory. Despite exports continuing to remain the primary engine of growth ...

Latin American growth faltered significantly in 2014; however, a gradual recovery is expected in 2015. The recovery in growth is expected to come from an increase in government spending on structural reforms. Domestic demand and investor confidence in the region are expected to remain subdued throughout 2015. Slow growth in export demand for mining...

The growth prospects of the economies in emerging Asia-Pacific are expected to be affected significantly by the uncertainties arising from the economic slowdown of major Asian superpowers such as China and Japan, and the Eurozone. However, certain positive factors such as declining oil prices, a rebounding US economy, with US being a key exports m...