Summary Global economic situation Global economic activity has maintained some dynamism in recent quarters in a regionally asymmetric manner, despite the impact of tight monetary policies, the fragmentation of trading blocs, the withdrawal of fiscal support in a high debt environment, low productivity and geopolitical uncertainties. Against this background, the IMF forecasts moderate global GDP … Continued
Global economic situation The global recovery after the pandemic and the Russian invasion of Ukraine is slowing down with significant asymmetries between economic sectors and regions. The IMF forecasts a slowdown in global growth from an estimated 3.5% in 2022 to 3.0% in 2023 and 2024, 8 tenths of a percentage point lower than the … Continued
Summary Global economic situation Throughout 2022 , the global economy lost momentum with the onset of adverse shocks and as downside risks materialized, affecting households, businesses and financial markets. The health and economic impact of the war in Ukraine was compounded by high inflationary pressures, the tightening of monetary policy by the major Central Banks, … Continued
Global economic situation The world is facing a context of high geopolitical and economic uncertainty that may lead to a foreseeable simultaneous contraction in the main areas. The post pandemic economic recovery has been disrupted by the direct consequences of the Russian invasion of Ukraine and its collateral effects on energy prices and supplies. The … Continued
Economy in times of uncertainty april 2022 de Círculo de Empresarios Global economic situation In mid February, just before the Russian invasion of Ukraine, the evolution of the main macroeconomic variables allowed us to speak of recovery. The remission of the pandemic, vaccination efforts, expansionary economic policies and favorable financial conditions justified the IMF’s January … Continued
Global economic situation The world economy’s recovery continues although its sustainability isn’t assured in a context of pandemic outbreaks and uncertainty about its future evolution, disruptions in supply chains and inflationary pressures on raw materials and energy. The differing vaccination rates and the support policies applied in each country to lessen the pandemic’s impact have … Continued
Summary The global economic situation The pandemic caused by Covid 19 and the subsequent health and economic impact led to a 3.3% fall in global GDP in 2020 with China being the only major economy to register positive growth (2.3%). After a year of the pandemic, a high level of uncertainty remains about how the … Continued
2020 ends with a world economic contraction above 4%, the biggest GDP decrease since World War 2. Among developed nations, growth comes to a standstill after the renewal of activity in Q3 as a result of the surge in cases and the movement restrictions. Services, especially those related to the hotel and leisure industry, experience … Continued
Economic situation summary The uncertainty surrounding the spread of Covid 19 is significantly conditioning economic agents’ expectations for the coming years In this context, most international organizations (the IMF, OECD, World Bank and European Commission) project a contraction of GDP above 3 yearly for 2020 and warn of risks such as rising unemployment and a … Continued
Overview of the economic situation Q2 2020 The Covid-19 crisis has had one of the biggest economic impacts of our recent history The lockdown measures to contain the spread of the virus have generated an unprecedented economic standstill. In this context, international organizations (the IMF, OECD, World Bank and European Commission) are forecasting a contraction … Continued
Overview of the economic situation Q4 2019 The main international organisations ( IMF, OECD, World Bank, and European Commission) warn of a global economy in a synchronised slowdown against the backdrop of mounting uncertainty and new geopolitical risks Thus, the second half of 2019 has been marked by the outbreak of social protests and institutional … Continued
Overview of Pespectives on Global and Spanish economy Q2-2019 The main international organisations (IMF, OECD, European Commission, etc.) continue to downgrade their growth expectations in light of the new geopolitical and economic scenario. Q1 2019 has been marked by the darkening economic outlook, the waning confidence of the private sector, and the mounting global uncertainty, … Continued
Overview of the economic situation Q1-2019 Despite being in a favourable economic cycle (global growth still above 3%), GDP estimates are being revised downwards (IMF, OECD, European Commission, etc.). The striking main causes: economic cycle phase change, trade slowdown, Trump’s protectionism, monetary policy normalisation, political tensions stemming from populism (Brexit, Italy, etc.) and worse economic … Continued
Perspectives on Global and Spanish Economy Q3-2018 Circulo de Empresarios from Círculo de Empresarios
Global and Spanish economy 4Q-17 and outlook 2018 de Círculo de Empresarios ferrer”>Círculo de Empresarios
Quarterly Report Q3-2017 Circulo de Empresarios from Círculo de Empresarios
Quarterly report on the global and Spanish economy Q2-2017 Circulo de Empresarios from Círculo de Empresarios
Quarterly report. Global and Spanish economy Q1-2017- Circulo de Empresarios de Círculo de Empresarios
