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A Deloitte Research Study
Global Economic Outlook
2nd Quarter 2009
 
About Deloitte Research
Dloi Rsch,  p o Dloi Svics LP, iis,lyzs,  xplis h mjo isss ivi oy’s bsissymics  shpi omoow’s lobl mplc. Fompovociv pois o viw bo sy  oiziolch o sih l bo coomics, lio choloy, Dloi Rsch livs ioviv, pciclisihs compis c s o impov hi boom-lipomc. Opi hoh  wo o icsch possiols, sio cosli pciios oh vios mmb ms o Dloi Toch Tohms,cmics  choloy spciliss, Dloi Rschxhibis p isy owl, ciol si, commim o hoh lship. I boooms bsiss jols, Dloi Rsch is ow o bii wpspciv o l-wol cocs.
Disclaimer
This pblicio cois l iomio oly  DloiSvics LP is o, by ms o his pblicio, iccoi, bsiss, cil, ivsm, ll, x, ooh possiol vic o svics. This pblicio is o sbsi o sch possiol vic o svics, o sholi b s s  bsis o y cisio o cio h my cyo bsiss. Bo mi y cisio o i y cioh my c yo bsiss, yo shol cosl  qlipossiol viso. Dloi Svics LP is lis  liis shll o b sposibl o y loss ssi by ypso who lis o his pblicio.
 
EXECUTIVE SUMMARY
gLOBAL ECOOMIC OUTLOOk2nd Quarter 2009
globl Ecoomic Oloo Apil 2009
Since our last Outlook in January, the fnancial crisis has deepened and become a truly globalrecession.
 Ecoomic civiy i h Ui Ss, Eop,  Jp hs cli   lmi .Emi cois i Es Asi  Cl Eop hv xpic shp ops i coomic civiywih h l  is o h cil moil. Ev h BRIC coomis h  o im smlivly imm o h lobl cil siio, hv xpic sios poblms. globl  hsplmm, csi coc h h icsily lobl  o h coomy ls o mo pismissio o obl h i h ps.A y, h  si o b iicios o lih  h  o h l. globl shippi shv sbiliz  mosly ics. Ris sps   blow hi lvl o  w mohs o.A ovms hv b pmpi moy io h sysm   pc .Sill, iss mi. Dfio pps o b i is ly h. Th  o which ovmcio i bs will b civ is  om ci. A h spc o pocioism is o blow h sc.I his iss o o qly Oloo, o coomiss o hi pspciv o h lobl siio.Cl Sim povis  lysis o h Obm coomic pl   moly opimisic viw oh U.S. oloo. Elisbh Diso xmis h Eozo coomic oloo s wll s h limiioso coomic policy cio wihi h cox o h Eop Uio. Elisbh lso wis boh mo lo-m iss o mophics  h lily cosis i will impos o policymsh wol ov. I Sw loos  h oloo o h U.k. coomy, whil Sil Rol povisoloos o Jp, Chi, Ii,  Rssi. I iio, Sil cosis h impc o Chi’scoomic obls o S.E. Asi. Filly, I povi o oloo o Bzil, s wll s  lysis o hobls i Cl  Es Eop  hi poil impc o h Ws.As lwys, w hop h his Oloo povis sl iomio o bsiss pli. Moov, llo o hos wlcom bc.
Dr. Ir Ki
is Dicoo globl Ecoomics Dloi Rsch
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