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What's Changing? - Economics




Please see below selected recent economic developments.


May 2018

  • Growth in the world economy is surpassing expectations and global GDP is now expected to expand by more than three per cent this year and in 2019, reflecting strong growth in developed countries and broadly favourable investment conditions, according to the United Nations World Economic Situation and Prospects as of mid-2018.
  • The global financial crisis prompted the field of macroeconomics to rethink its methods. Bruegel addressed the changes made and the problems still unresolved.
  • According to Russian thinktank Valdai Group, the BRICS nations are re-energising regional integration and expanding global alliances. China is leading a transformation of the BRICS infrastructure beyond the original group into the “BRICS+ circle.” Multioption trade and investment arrangements would include 35 countries across several continents.  The initiative could expand further to include developed nations, forming a “BRICS++” that would encompass a “circle of friends”.
  • According to the International Monetary Fund (IMF), we are on course to enjoy the strongest year of global growth since 2011, with the world economy predicted to expand by 3.9%. What’s more, this growth is evenly dispersed – since every major economy in the world is growing.
  • EY’s Geostrategic Business Group, in partnership with Zurich Insurance and the Atlantic Council, launched a report which explores how geopolitics is impacting the business environment in the United States. Borders vs. Barriers seeks to guide businesses as they approach the difficult task of integrating geopolitical uncertainty into their business planning and is based on a survey of 500 CFOs in 30 countries, economic modelling and scenario analysis.


April 2018


March 2018


February 2018


January 2018


December 2017


November 2017


October 2017


September 2017


August 2017


July 2017