Global Economic Outlook: US fails to set the trend
The global economic recovery from the 2008-09 recessions remains patchy and is yet to become fully embedded. The US economy, although still growing below long-term trend, remains the brightest spot among the OECD economies.
A number of emerging economies have also kept growing rapidly, even if they are typically small and unable to influence the major economies: they include Malaysia, the Philippines and Panama, which each posted real GDP growth of 6.0%-plus, year-on-year, in Q2, as did Ireland.
Other factors which support global growth over the short term are falling energy prices, and in Europe, the fact that the gender wage gap is closing, political pressure is growing for a fiscal boost, and the weak euro, will help to boost the export sector.
This complimentary newsletter from D&B’s Country Insight Services group has been put together by their team of experts using the most up-to-date information to provide a snapshot of the latest macro market risk situation, and provides an excellent overview for those exposed to cross-border credit or investment risks.
|Tunisia: The outlook is still a source of concern due to domestic problems and regional instability.|
Nigeria: The outlook is precarious as business impediments could emerge and terror activity strengthens.
|Qatar: Political risk remains a concern as foreign policy creates friction.|
Saudi Arabia: Private sector activity grows robustly despite labour market reforms.
|Italy: Economic indicators suggest the recession is continuing and output is weak.|
Netherlands: Insolvency risk continues its downward trend.
|Estonia: Domestic demand holds up amid inclement external trade conditions.|
Turkmenistan: Buoyant activity in the lucrative natural gas sector powers rapid overall growth.
|Philippines: Private consumption and exports spur growth.|
India: Negative shocks mean that the economy only tentatively emerges from a period of weak growth.
D&B Country Insight Services
D&B’s Country RiskLine reports above are written by a team of highly skilled analysts in D&B’s Country Insight Services team using exclusive data from its global network of reporting offices as well as primary and secondary data from national and international sources.
These snapshot reports provide a succinct assessment of the risk of doing business in a country, given its economic, political and commercial situation.
Updated monthly, the data and analysis are presented in a standard format which helps you monitor and evaluate the business trading conditions in a foreign country and facilitates the management of ongoing business risk around the globe.
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|Moderating inflation and strong external accounts help maintain stability. Report|
veröffentlicht am: 20. Oktober 2014