Prospects for the global economy in the second quarter

2015 ◽  
Keyword(s):  
Growth Rate ◽  
Latin America ◽  
Eastern Europe ◽  
Economic Activity ◽  
Global Economy ◽  
Short Term ◽  
Early Recovery ◽  
Content Type ◽  
World Economic ◽  
Global Growth

Subject Prospects for the global economy in the second quarter. Significance Heightened geopolitical risk undermines the potential for any short-term strengthening of world economic activity. In the second quarter, global growth should be similar to that experienced in early 2015. Over the first half of this year, it will remain in the 3.0-3.5% range, similar to the 2014 growth rate of 3.3%. Many countries remain vulnerable to international tensions: there will be no early recovery in the commodity-producing economies of the Middle East, Africa and Latin America, or in Eastern Europe.

The World Economy

2001 ◽  
Vol 175 ◽  
pp. 29-58
Keyword(s):  
Developing Countries ◽  
Latin America ◽  
Eastern Europe ◽  
Economic Activity ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
The World ◽  
World Economic ◽  
Merchandise Trade

World economic activity is estimated to have risen by 4¾ per cent in 2000, the fastest rate for more than a decade. Growth accelerated in all the major geographical areas last year, with GDP rising by an estimated 4.2 per cent in the OECD economies and activity recovering strongly in many developing countries in Asia, Latin America and Eastern Europe. World trade was exceptionally buoyant, with merchandise trade volumes rising by an estimated 13 per cent. However there is now clear evidence that the growth of the global economy has passed its peak.

scholarly journals Prospects for Vietnam’s Economy in 2013

2013 ◽  
Vol 215 ◽  
pp. 02-11
Author(s):  
NGÂN TRẦN HOÀNG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
World Economy ◽  
Inflation Rate ◽  
Economic Restructuring ◽  
Short Term ◽  
Economic Growth Model ◽  
The World ◽  
Global Growth

In 2012, Vietnam?s economy faced great challenges. The world economy experienced more difficulties and complicated upheavals. International trade fell drastically while global growth rate was lower than predicted target, which affected badly the Vietnamese economy because of its full integration into the world economy and large openness. In this context, principal targets set for 2013 are macroeconomic stability, lower inflation rate, higher growth rate, three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model. This paper analyzes obstacles to Vietnam?s economic growth, and offers short-term solutions to bottlenecks and long-term ones to the economic restructuring.

Chandra Shekhar Ghosh: founding Bandhan

2018 ◽  
Vol 8 (4) ◽  
pp. 1-18
Author(s):  
Surajit Ghosh Dastidar
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Small Time ◽  
Social Entrepreneur ◽  
World Economic Forum ◽  
Content Type ◽  
Academic Level ◽  
World Economic ◽  
Universal Bank ◽  
Global Growth

Learning outcomes To understand social entrepreneurship and a social entrepreneur; to identify a social problem and develop a business idea; to understand the theory of entrepreneurial opportunity recognition; and to understand microfinance and its impact in the lives of the poor. Case overview/synopsis The case traces the journey of its founder Chandra Shekhar Ghosh from being a small time entrepreneur in microfinance to being the owner of a universal bank named Bandhan. Bandhan bank started its operations on August 23, 2015 with 501 branches, 2022 service center and 50 ATMs across 24 states. It had 14.3 million accounts, around 105 billion loan book and 19,500 employees. The founder of Bandhan bank, Chandra Shekhar Ghosh, an Ashoka fellow had won numerous awards such as Entrepreneur with Social Impact Award by Forbes (2014), Entrepreneur of the Year by Economic Times (2014), Skoch Financial Inclusion Award (2011), Entrepreneur of the Year Award (2014) by AIMA to name a few. In 2014, Bandhan was also recognized as Global Growth Company by World Economic Forum. Complexity academic level The case is suitable for analysis in a MBA level course on social entrepreneurship. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 3: Entrepreneurship.

Global rebalancing to support sustainable growth

2015 ◽  
Keyword(s):  
Global Economy ◽  
Oil Prices ◽  
Sustainable Growth ◽  
Low Energy ◽  
Energy Prices ◽  
Current Account Surplus ◽  
Content Type ◽  
Percentage Points ◽  
Advanced Economies ◽  
Global Growth

Significance Risks to its central scenario are more balanced and less skewed to the downside. Global imbalances are shrinking, partly thanks to low oil prices. This is boosting disposable income in oil-importing countries at the expense of oil-exporting ones. The dollar's strength is also helping rebalance the global economy, although the euro-area's growing current account surplus is contentious. Impacts Disinflation has become widespread, especially within advanced economies, but should be temporary. Low energy prices are estimated to add between 0.5-1.0 percentage points to global growth by 2016. A revision of guidelines and rules is required to reduce the risk of another financial crisis.

Prospects for the global economy to end-2016

2016 ◽  
Keyword(s):  
Euro Area ◽  
Emerging Economies ◽  
Global Economy ◽  
Commodity Prices ◽  
Content Type ◽  
Area Growth ◽  
Recent Trends ◽  
Global Growth

Subject Prospects for the global economy to end-2016. Significance Global growth could accelerate in the second half of 2016. Some emerging economies are facing better conditions thanks to the weaker dollar and some rebound in commodity prices, while others remain in recession. US growth slowed in the first quarter, while Japan's government just avoided a relapse into recession. Euro-area growth is robust compared to its recent trends, but cannot be relied upon to provide much support for the rest of the global economy.

Prospects for the global economy in the fourth quarter

2015 ◽  
Keyword(s):  
Interest Rates ◽  
Global Economy ◽  
Fourth Quarter ◽  
Content Type ◽  
Bank Of China ◽  
Policy Interventions ◽  
The Us ◽  
Global Demand ◽  
Global Growth ◽  
China’S Economy

Subject Prospects for the global economy in the fourth quarter. Significance Three threats are on the horizon. Firstly, the US Federal Reserve (Fed) might raise interest rates this year. This move, though well signalled, may have negative repercussions, especially in emerging markets (EMs). Secondly, China's economy, a key to global growth, is slowing and its financial markets are exceptionally volatile. These factors have already elicited policy interventions such as renminbi depreciation and further rate cuts by the People's Bank of China (PBoC). Finally, there is no apparent end in sight to weak global demand and the fall in commodities prices that has left commodity-exporting countries struggling with precipitous drops in revenue.

Mexico's weak GDP growth will outlast Pena Nieto

2016 ◽  
Keyword(s):  
Latin American ◽  
Economic Reforms ◽  
Gdp Growth ◽  
Short Term ◽  
Severe Problem ◽  
Content Type ◽  
World Economic ◽  
The Government ◽  
Latin American Countries ◽  
Economic Outlook

Subject GDP growth shows no sign of improving in the short-term. Significance In its most recent update to its World Economic Outlook, the IMF lowered its forecast for Mexico's 2016 GDP growth to 2.4% from 2.6% foreseen in January. This figure compares well with other Latin American countries -- notably Brazil and Venezuela -- yet it marks the continuation of a trend of meagre expansion that has characterised President Enrique Pena Nieto's time in office despite his efforts to introduce economic reforms. Impacts Further reform to encourage greater flexibility in the labour market will be key to increasing small business productivity. Low growth and a lack of prospects for the young will feed into Mexico's rising crime rates. The lack of growth could become a severe problem for the government both directly and indirectly in the 2018 election.

Competition will rise in global civil aerospace

2015 ◽  
Keyword(s):  
Supply Chains ◽  
Market Share ◽  
Global Economy ◽  
The State ◽  
Short Term ◽  
Content Type ◽  
Future Production

Subject Civil aerospace outlook. Significance The November Dubai Airshow may herald a slowdown in the global civil aerospace business as neither Airbus nor Boeing registered large airline orders. The falling cost of fuel has led many airlines to delay expensive modernisation plans. Concerns over the state of the global economy will also dampen short-term demand. Impacts Bottlenecks in supply chains may constrain future production expansions. Airbus will face an expensive decision in the early 2020s about launching an all-new narrow-body to replace the A320neo. New programmes will be affected harder by a downturn, with companies fighting for sales in the competitive regional airliner market. The battle for market share could force at least one contender out of business over the next five years.

Spain faces economic challenges despite recent growth

2018 ◽  
Keyword(s):  
Latin America ◽  
North America ◽  
Global Economy ◽  
Political Instability ◽  
Social Investment ◽  
Economic Shocks ◽  
Export Markets ◽  
Content Type ◽  
Recent Growth ◽  
Emerging Trends

Significance Despite the budget's commitment to social investment reflecting recent growth and post-recessionary optimism, emerging trends in the national and global economy, compounded by the risk of political instability, threaten to destabilise Spain’s economy over the coming years. Impacts Stretched public finances will leave little space to counter economic shocks. Pressure on existing markets will encourage companies further to diversify their export markets. Weaknesses in Latin America may push Spanish companies to pivot towards Europe and North America.

scholarly journals THE RISE AND FALL OF EXPORT-LED GROWTH

2013 ◽  
Vol 71 (280) ◽  
Author(s):  
Thomas I. Palley
Keyword(s):  
Economic Activity ◽  
Global Economy ◽  
Emerging Market ◽  
International Community ◽  
Domestic Demand ◽  
New Paradigm ◽  
Developed Economies ◽  
Political Reasoning ◽  
Development Paradigm ◽  
Global Growth

This paper traces the rise of export-led growth as a development paradigm and argues it is exhausted owing to changed conditions in emerging market (EM) and developed economies. The global economy needs a recalibration that facilitates a new paradigm of domestic demand-led growth. Globalization has so diversified global economic activity that no country or region can act as the lone locomotive of global growth. Political reasoning suggests EM countries are unlikely to abandon export-led growth, and nor will the international community implement the international arrangements needed for successful domestic demand-led growth. Consequently, the global economy likely confronts asymmetric stagnation.

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