Over the last 20 years, the growing global economy has allowed manufacturers to enter new markets to serve an increasingly global customer base while also shortening supply chains and reducing cost structures.
Global Economy, Economic Environment, Money & Finance, GDP
Kris Bledowski, director of economic studies, says the European economic recovery is proceeding slowly and the sources of growth are more balanced than in the past. Despite low interest rates, capital formation has stalled.
Global Economy, Competitiveness, Government Policy, Economic Environment, Regional Economic Integration, Money & Finance, Currency
This report surveys four types of proposals aimed at solving the EMU’s various crises. Only one of the four stands a realistic chance of being implemented in the next decade. What the EMU needs is an immediate implementation of a set of minimal conditions for the survival of the common currency. The paper delves into individual policy planks and assesses their chances of adoption in the next decade. The common currency faces long odds of survival beyond the next few years.
Regardless of how Greece resolves its payment crisis in the next few weeks, there is bound to be a knock-on effect on financial markets. This in turn will indirectly affect business conditions in the foreseeable future, primarily in the Eurozone but broadly on the entire continent.
Six years past the trough of the Great Recession, it feels to many as if the aura of crisis still haunts the global economic landscape. China’s slowdown, thankfully not a hard landing, has been more protracted than many expected.
The tentative agreement reached over the weekend to consider a third assistance program to Greece is ambitious. Much will have to fall into place for it not only to hold, but also to deliver true relief.
Not finding what you're looking for?
Some content is restricted to specific MAPI councils; ensure you are logged in. If you’re having trouble finding or accessing content, contact us.