Andrew Sheng via Caixin | The International Monetary Fund (IMF) has declared that the global economic recovery is broadening amidst buoyant markets. Its global financial stability report argued that there is a good chance for a sustained recovery and the eventual normalization of monetary policy.
J.L. M. Campuzano (Spanish Banking Association) | The World Bank is predicting an acceleration in global growth rate for this year of up to 2.7%, after the lowest level of growth in the wake of the Crisis estimated last year. In general, the latest global economic data is fuelling optimism.
Caixin | As two of the most significant economies driving global growth today, commentators often compare the emerging market behemoths, China and India. In recent times, the two countries have eclipsed Brazil, Russia and South Africa, their BRICS counterparts, in terms of economic growth. However, there are significant differences between the two Asian economies.
Francisco López |The OECD has once again downgraded its outlook for global growth, especially for the Eurozone. It will only grow 1.4% this year, almost half a percentage point less than the previous forecast in November. But is the downwards revision the result of the sharp drop in share prices, or is it the stock market which is in fact anticipating that growth will slow in the coming months?
Markets, especially stocks exchanges, will continue to suffer from a slowdown in global growth. IMF managing director Christine Lagarde warned on Tuesday that expansion in EM as well as in developed ones will be “weaker” than expected in July.
There has been a severe downward correction in global expectations in August.
CAMBRIDGE | June 15, 2015 | By Prof. Jagjit S. Chadha via Deutsche AWS | Could rising rates choke off the recovery or have post-crisis wounds healed sufficiently for the global system to take tightening policy in its stride?
May 22, 2015 | UBS | Why has real GDP growth been surprisingly weak compared to job gains? Why do some economists expect only slowly-trending GDP expansion in the coming years? Why has the unemployment rate fallen more often than expected?
DUBLIN | By Sean Duffy | With fears surrounding the Eurozone, Russia and the BRICS economies, the only certainty about the year 2015 appears to be that it will continue a period of global economic uncertainty. The Corner takes a look at some of the issues and factors that are likely to dominate the headlines in the year ahead.
By Alberto Forchielli via Caixin | The prospects for growth in the West may be dim, but that doesn’t mean Asia’s developing countries must settle for privation.