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Russia: Marching backward

Russia: Marching backward

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Published by: Deloitte University Press on Apr 21, 2014
Copyright:Traditional Copyright: All rights reserved


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Global Economic Outlook
2nd Quarter 2014
Global Economic Outlook
2nd Quarter 2014
By Dr. Alexander Börsch 
Until recently, exports have driven growth in the Eurozone, but the recovery’s moderate pace suggests that more growth will come rom consumer demand and investment.
China wants to maintain adequate growth, but it also wants to restrain the growth o credit in the shadow banking system. As such, the government is taking steps to resolve imbalances.
By Dr. Patricia Buckley
With fiscal fights put on hold or a year, the US economy finally has the breathing room it needs to get firmly back on its eet.
Te Japanese economy is emitting mixed signals, punctuated by ears concerning a tax increase and its potentially damaging impact on economic growth.
Growth is likely to accelerate or the remainder o this year, but the longer-term perormance o the Indian economy will hinge on the outcome o its upcoming election.
Even beore the recent political crisis, Russia’s economic perormance was modest at best. High inflation, a declining currency, and constraints on monetary policy are also taking a toll on economic perormance.
By Dr. Rumki Majumdar and Akrur Barua
In the absence o reorm, Brazil’s economic outlook is poor. High consumer indebtedness, excessive regulation o the labor market, tight monetary policy, and mixed signals rom the government are limiting growth.
Economic perormance in the United Kingdom has been surprisingly strong. However, the pace o recov-ery can’t be maintained without a boost in productivity.
By Akrur Barua and Sunandan Bandyopadhyay
An integrated global economy, including cross-border investments, distributed production lines across continents, innovations in I and communications, and advancement in transportation are heightening international trade’s role as a harbinger o economic growth.
GDP growth rates, inflation rates, major currencies versus the US dollar, yield curves, composite median GDP orecasts, composite median currency orecasts, OECD composite leading indicators.

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