Search results for: 'global 2014 2014'

The economies of Eastern European countries have had a slow 2019, with stalling or contracting growth in certain economies. The global economic slump, ongoing trade wars, the weak German economy, and Brexit have discouraged external demand. Internal demand, due to low inflation, wage growth, and tight labor markets, has been able to sustain the pro...

The economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...

Economic outlook for the West European countries, like Belgium, France, Germany, Italy, Spain, the Netherlands and the United Kingdom, is expected to remain downbeat throughout 2019 due to weak business sentiment arising out of Brexit issues and slow global economic recovery. Domestic demand and consumer sentiments supported by low inflation and st...

Developed economies in Europe are facing elevated price pressures and a tight credit environment amidst subdued global growth in 2023. Persistent inflation, climate change's adverse impact on the tourism industry, slowing export demand, and geopolitical chaos are key factors likely to weigh on near-term growth momentum. A significant cutback in oil...

Following 2022’s socioeconomic challenges, such as historic price pressure, downbeat consumer sentiments, and the adverse impact of the Russo-Ukrainian War, developed European countries continue to face inflation and subdued growth in 2023. Persistent inflationary pressure, rising fiscal health concerns, and slowing global growth weighing on export...

11 Feb 2021  |  Europe  |  Megatrends

A New Global Paradigm with China’s One Belt, One Road Initiative

Improved Connectivity and Reshaping of Trade Relations Leading to New Growth Opportunities

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Key Issues Addressed

China envisions the revival of the ancient Silk Road, which previously facilitated trade with nations across Persia, Central Asia, and Europe for over 2,000 years, as a catalyst to unify both local and international markets through trade activities and trade routes. The introduction of the One Belt, One Road Initiative in 2013 seeks to develop a ne...

Uneven recovery continues in Eastern Europe. Domestic demand is expected to drive growth in major countries in 2015, while weaker Euro area recovery, indecisive policies, and market instability in economies such as Poland, Turkey, and Ukraine remain an area of concern. Improved exports and household consumption are expected to support the economic ...

Western Europe is likely to see improved growth in 2015 when compared to previous years. Increasing external demand, due to the strong growth in the United States and Asia, and strong domestic demand, are likely to steer the manufacturing sector towards a positive growth trajectory. Despite exports continuing to remain the primary engine of growth ...

Venturing into emerging markets is imperative for businesses seeking to capitalize on opportunities such as capturing market share, leveraging lower operating costs, diversifying supply chains, accessing young talent, expanding into strategic hubs, and driving innovation by addressing local needs. In light of the future growth potential identifi...