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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 ...

Apart from India which appears to be on an upward growth trajectory, the growth outlook for BRICS countries remains subdued. Russia is expected to continue to reel under the pressures of Western sanctions and falling crude oil prices, and no growth is expected in 2015. China’s housing market is expected to continue to remain weak in 2015 after a si...

Along with healthcare, retail was one of the industries most impacted by the COVID-19 pandemic, which forced rapid change and innovation because retail goods and services are often necessities in peoples lives, not nice-to-haves as seen in the travel and hospitality sectors, for example. In some of these verticals, customers slowed down or stopped...

The growth prospects of the economies in emerging Asia-Pacific are expected to be affected significantly by the uncertainties arising from the economic slowdown of major Asian superpowers such as China and Japan, and the Eurozone. However, certain positive factors such as declining oil prices, a rebounding US economy, with US being a key exports m...

27 Jul 2022  |  Global  |  Frost Radar

Frost Radar™: Global Economic Development, 2022

Norway and the United Kingdom Hold Steady as the United States Joins Global Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance its quality of life for its citizens. This report explores key strengths and weaknesses of the global economy through country-level assessments of growth and innovation initiatives and benchmarks each country on...

31 Mar 2021  |  Global  |  Market Outlook

Global Economic Recovery in Post-Pandemic 2021

5.3% Global Growth Expected for 2021, with China and India to See Growth of 8% or More

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Key Issues Addressed

2020 was, without a doubt, an extremely turbulent year for the global economy, with lockdowns, sharp trade contraction, accelerated job losses, and supply-chain disruptions. Recovery started picking up towards the second half of the year with the easing of COVID-19 restrictions. The global economy nonetheless experienced a very deep 2020 recession....

Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...

North America is expected to remain fairly stable in 2015 due to improved domestic demand and business confidence. The US economy is expected to grow by 3.1% in 2015, up from 2.4% in 2014, driven by rising incomes, long-standing repressed demand, a strengthening housing sector, and lower oil prices. For Canada, the outlook has been scaled back to 1...

18 Jun 2021  |  Europe  |  Frost Radar

Frost Radar™ for Economic Development: Europe, 2020

Germany, Norway, and the United Kingdom Emerge as the European Leaders

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Key Issues Addressed

The Frost Radar for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Europes key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these 2...