2013 has proved to be the sixth straight year in which we have witnessed major threats to the global economy. Even now, the recovery is not taking the shape many expected it to. Rather than see a return to pre-crisis growth patterns, the global economy is facing a new set of challenges and is ultimately irreversibly changing. Difficult decisions and painful austerity measures were meant to kick start the global economy in 2013, but the real recovery will not begin until 2014. However, risks remain on the downside - further debt crises in the USA, another potential round of bailouts in the eurozone, greater volatility in commodity markets and weaker growth prospects in the developing world are all very real possibilities in 2014.
In this webinar, the Economy, Finance and Trade research team examine global economic prospects in 2014, investigating trends globally, spotlighting key advanced and emerging economies and explaining how these trends impact consumers and businesses alike.
- In 2014, 56% of global economic growth is expected to come from emerging markets
- Among major advanced economies the USA is expected to see the strongest performance in 2014
- Emerging Asia and Sub-Saharan Africa are once again expected to be the world’s fastest-growing regions
A keen grasp of global economic performance will help companies win competitive advantage in 2014.