The global economy saw a slowdown in growth in the second half of 2011 which continued into the first half of 2012. Looking ahead the picture is more upbeat in the USA than in Europe, and Emerging Asia is set to remain the engine of world growth while five of the top ten fastest growing countries in the world are African nations. Inflationary pressures are receding but risks to the outlook remain high.
The Economy, Finance and Trade research team examine the performance of the global economy so far in 2012 and the medium-term outlook. We examine key trends globally, spotlighting key advanced and emerging economies and explain what these trends really mean to the business community.
- Global economic growth slowed down in the first half of 2012. What is the outlook for the second half of the year and beyond?
- Employment growth remains weak in Europe in particular with youth unemployment a real concern in many markets. Will labour markets rebound in 2012?
- Many advanced economies are looking to re-balance exports towards emerging markets as a way to drive growth. How is foreign trade performing?
- Global consumer spending is expected to top US$40 trillion for the first time in 2012 but with growth slower than in 2011. What will 2013 hold?
A keen grasp of the performance of the global economy will help companies to win competitive advantage in 2012 and beyond.