The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
Since 2010, the global economic recovery has gained strength, although emerging markets continue to outperform the subdued growth of major advanced economies. In 2011, new challenges have emerged, which will pose risks for some of the world’s largest economies. Euromonitor International forecasts world real GDP growth of 4.3% in 2011 down from 5.1% in 2010.
The five biggest challenges for the global economy include a weakening US economy, signs of overheating in emerging markets and continued uncertainty about the Eurozone debt crisis. However, there are some positive signs. Some European countries such as Germany have rebounded quickly and global commodity prices have stabilised, although pressures remain on the upside. The climate of uncertainty will have a negative impact on already cautious consumers. With rising inflation also squeezing disposable incomes, consumer spending is likely to remain below potential into 2012.
Discover the five biggest challenges facing the global economy.