Global Economic Outlook Recovery still fragile The global recovery has slowed once more and growth is likely to remain subdued for at least another year. Admittedly, prospects for the US are relatively bright, but this is not sufficient to offset... 22nd October 2012 · 1 min read
Global Economic Outlook Euro-zone drags down global recovery The euro-zone crisis is taking its toll on the rest of the world. Activity slowed in all major economies in the second quarter, including the US, China and Japan. We expect growth to pick up in the US... 18th July 2012 · 1 min read
Global Economic Outlook US recovery, European recession We expect world GDP to grow by around 3% both this year and next. The US economy is set to recover steadily but the euro-zone recession will deepen, causing the sovereign debt crisis to flare up again... 24th April 2012 · 1 min read
Global Economic Outlook Farewell to the euro The euro-zone is slipping into a recession which we expect to be deep and prolonged and to result in the break-up of the single currency area. This will be a major drag on other European economies... 16th January 2012 · 1 min read
Global Economic Outlook Growing risk of another recession We expect growth to be very low or negative in most advanced economies next year. The euro-zone is already heading for recession, and if its public debt and banking crisis is not contained, the rest... 20th October 2011 · 1 min read
Global Economic Outlook Recovery stalls (Q3 11) Global growth has slowed after a strong start to the year. This is partly due to the temporary effects of supply shocks, notably the surge in oil prices and the earthquake in Japan. But even as these... 20th July 2011 · 1 min read
Global Economic Outlook Growth set to slow again We expect the pace of global growth to slow during this year, particularly in advanced economies. Restrictive fiscal policy will begin to bite and consumer spending will weaken. Inflation will rise... 11th April 2011 · 1 min read
Global Economic Outlook Inflation fears to fade We expect 2011 to be a year of generally disappointing growth and fading fears of inflation in the developed economies. The performance of emerging markets is likely to be more mixed this year than... 21st January 2011 · 1 min read
Global Economic Outlook Structural weaknesses to keep recovery fragile The initially strong rebound in the world economy is fading as structural weaknesses come to the fore again. Many countries, particularly in the West, need to reduce debt. But others with stronger... 22nd October 2010 · 1 min read
Global Economic Outlook Shifting into a lower gear (Q3 10) The world economy is predictably starting to slow as the fading of the policy stimulus again exposes the underlying fragilities left by the recession. 16th July 2010 · 1 min read
Global Economic Outlook Recovery far from secure (Q2 10) Global manufacturing may be rebounding but the recovery in the wider economy is far from secure. The full disinflationary impact of the recession has yet to be felt and major central banks may still... 26th April 2010 · 1 min read
Global Economic Outlook A "feel bad" recovery (Q1 10) The recession has ended in most countries in the narrow sense that GDP is picking up again. But this is still a “feel bad” recovery, where consumers are unwilling to contribute as much as they would... 21st January 2010 · 1 min read
Global Economic Outlook Long hard slog (Q4 09) The global recession has ended and we expect the recovery to look impressive in many economies - notably the US, China and Japan - over the next few quarters. The upswing is driven by a mix of factors... 22nd October 2009 · 1 min read
Global Economic Outlook Recovery to disappoint as new threats emerge (Q3 09) The worst case scenario of a complete financial and economic meltdown has been averted. Nonetheless, some of the alternatives are still pretty nasty. Indeed, new threats are emerging in the form of... 9th July 2009 · 1 min read
Global Economic Outlook Green shoots or false dawn? (Q2 09) The arrival of spring has seen a blossoming of confidence in global financial markets, but this optimism seems premature. 14th April 2009 · 1 min read
Global Economic Outlook Too soon to look for economic recovery (Q1 09) With the global downturn still gathering pace, it is far too soon to start positioning for a recovery. Indeed, we now expect GDP in the advanced economies of the G7 to shrink by nearly 2% this year. 14th January 2009 · 1 min read
