Europe - Central
The current state of the U.S. labor market is generating a significant conversation about the availability of skilled talent especially in light of the manufacturing renaissance underway. The creation and implementation of a sustainable pipeline of talent is integral to both human capital and...
European manufacturing is on a steep retrenchment course. It all started, paradoxically, just as financial markets stabilized in the wake of the European Central Bank’s “whatever-it-takes” moment this past summer. Since August, industrial production shed a total of about 3.5 percent in just three...
The Eurozone is back in recession. This second downturn is wide-ranging and we see little support of aggregate demand. Regional differences in manufacturing performance persist, and total industrial output fell 2.3 percent in the third quarter in the Eurozone and 2.7 percent in the EU27. Slovakia,...
MAPI Senior Economist Kris Bledowski sees continued malaise in manufacturing and construction in the Eurozone. Industrial production will fall some 2 percent this year and rise just under 1 percent in 2013. There are, however, large regional differences in economic performance. He reviews economic...
German voters are getting more Eurosceptic and Germany's politicians are slowly getting the message. The country's policies face limits to sovereignty imposed by the EU that are foreign to the U.S. Therein lies the crux of Germany's (and Europe's) current malaise: domestic electorates embrace the...
The Eurozone crisis continues to fester. We are hardly closer to its resolution now than we were three months ago; in the interim, the outlook instead took a turn for the worse. In my last report, I sketched a risk matrix that matched various types of crises with the resulting risks, both...
The financial crisis tops the economic news coming out of Europe these days. And politics increasingly come into play as well, as European leaders struggle to formulate policies strong enough to restore waning confidence in the euro project. Dr. Bledowski focuses on cyclical changes taking place in...
The economic performance of Europe’s industry is softening fast. Manufacturing production is still buoyant in Central Europe but will continue declining throughout 2012 in most of the Eurozone. With the financial crisis not over yet, prospects for 2013 and beyond bear many downside risks. The...
Kris Bledowski, Ph.D., is a Senior Economist and Council Director for the MAPI Quality and Treasury Councils. He monitors and writes on developments in Europe and the Eurozone as a primary area of expertise. Bledowski joined MAPI in 2006 after having previously served as a Senior Economist at the...