Macro Economics
09 February 2010Recovery is on the way – but unequally distributed, with lack of private consumption in advanced economies
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Macro Economics - The main shipping drivers looking healthier in a tricky environment
09 June 2010This recession was caused by a financial crisis, and what we do know about recessions caused by financial crises is that they are followed by very weak recoveries.
Macro economics - Slow and fragile recovery
05 December 2010Achieving a “strong, balanced, and sustained world recovery” - requires two fundamental and difficult economic rebalancing acts according to IMF. First, internal rebalancing: When private demand collapsed, fiscal stimulus helped alleviate the fall in output. But fiscal stimulus has to eventually give way to fiscal consolidation, and private demand must be strong enough to take the lead and sustain growth.
Macro Economics - Without the political responsibility, will and decisiveness, the prospect for a recovery is bleak
14 August 2012As we approach the fourth anniversary of the start of the global financial and economic crisis the outlook continues to be bleak. The V-shaped recovery is now ancient history and the sustainable growth level that we hoped would settle high continue to show a sideways or even descending trend.
Macro Economics - it should go up from here, but not as quickly as we used to think
11 December 2012The year 2012 has been a turbulent one for the global economy and the outlook has deteriorated since our last forecast.
Macro Economics - Many uncertainties, but things go in the right direction
14 October 2012At this point in time, everything points towards a stronger and expanding global economy for 2013. This is the widespread opinion, reinforcing the belief that 2012 is the final trough of what might turn out to have become a W-shaped recovery.
Macro Economics - Political leadership must clear the uncertainty about the future to stabilize consumer confidence ...
14 February 2012... paving the way for a growth scenario, as the dark clouds just won’t go away before that happens. As the world continues to deal with severe economic challenges – a very fragile world economy and high volatility in the financial markets – the IMF slashed its forecast for global GDP growth across the board.
Macro Economics - Recent die-hard optimism is being shadowed by dark clouds partly created by political problems. Key figures are falling short of expectations, but the direction is alright
13 June 2012The recent optimism has fortunately not completely evaporated following the latest series of less positive economic indicators from across the globe, including India, the US, Brazil and Spain. The EU debt situation creates a lot of uncertainty, not only as regards economic development but also regarding the political situation on both sides of the Atlantic Basin.
Macro Economics - A cautiously optimistic outlook supports the road towards higher growth and reinstates stronger business confidence
11 April 2012The global economy is getting better. The dark clouds that were piling up towards the end of 2011 have now spread, as brisk winds of change are beginning to restore optimism. However, the economic crisis is still not over and many tough political decisions have to be made before we can stand on top of a sustainable recovery. Three factors give us reason to believe things are getting better:
Macro Economics - The US is jeopardising the global recovery as job creation remains top challenge across the board
15 August 2011While growth in most emerging and developing economies continues to be strong, slowdowns caused by the devastating earthquake and tsunami in Japan, weaker than expected activity in the US and shocks to oil supply weighed on the global expansion in the second quarter of the year, the IMF said recently.
