Macroeconomics

The outlook for the Central America and Caribbean economies is expected to stay bleak in 2020, registering technical recession in Q2–Q3 of 2020 and a full year recession for 2021. Local and global containment measures, along with the economies’ large dependence on tourism and remittances particularly coming from the United States, have led to a...

Economies in Asia-Pacific are likely to experience sluggish growth in 2020 on account of the unexpected ramifications of the COVID-19 outbreak. Regional growth is likely to remain stunted in H1 2020 due to the outbreak, but expected to pick up in H2 2020 as the lockdowns and travel bans are expected to be lifted. Key economies like Australia and ...

The macroeconomic outlook for South Asia is expected to be relatively strong in 2019 on account of infrastructural development and investments. Nevertheless, the outlook doesn’t look great in terms of even higher growth as a result of a trade war between two economic giants, the United States and China, affecting the region. The growth pattern is...

The Americas are expected to record tepid growth in 2020, higher than that of 2019. Advanced economies such as the US and Canada are likely to witness an economic rebound in 2020. Other smaller economies like Panama and Chile are poised to grow as well. However, Argentina’s growth is likely to remain contracted on account of currency deterioratio...

The economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...

Latin American economy is likely to remain moderate for H1 2016 as growth is expected to gradually pick up in 2016 mainly due to strong domestic demand. Currency depreciation has increased inflation above target in most of the countries (except Mexico) and remains a major cause of concern for respective Central Banks. Planning and implementation of...

The growth outlook of the region is expected to remain lackluster for the rest of 2015. But it is anticipated that there will be no temporary slowdown in the region till H1 2016 in spite of low growth rates of around 3% for the region. Unfavorable combination of external factors like low commodity prices, sluggish exports, slowdown in China, rising...

The regional outlook remains depressing for H1 2016, as Brazil and Russia still are technically in recession. Slowdown in China and strengthening of the US dollar have weakened global commodity prices. This has severely hampered the South African economy as it is highly reliant on commodity exports. Moreover, continuous inflation and tightening of ...

The economic outlook of the region for H2 2015 does not look promising, as Brazil and Russia continue to be negatively impacted due to lower commodity prices. Devaluation of local currency and softening of Gross Domestic Product growth are anticipated to create further market distortions in China. Persistent high unemployment and decreasing product...