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Trade performance will be key to the recovery of GDP

Location:

INT

GDP contracted across the world in the second quarter and the shape and size of recession varied widely by region

Prosperity and sustainability show little correlation

Location:

INT

The mismatch between economic prosperity and environmental sustainability impedes national and global climate action

North Korea's economy will withstand sanctions

Location:

NORTH KOREA

North Korea's economic performance casts doubt on the ability of sanctions to put meaningful pressure on Pyongyang

US, China on changed GDP growth trajectories

Location:

INT

US GDP has outperformed pre-pandemic expectations, while China and other Asian giants have fallen short

Public-sector issuance aids ESG investment regulation

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INTERNATIONAL

Self-labelled AUM invested sustainably totalled USD18.4tn in 2021, 70% in Europe and 24% in the United States

Post-Brexit EU security policy to be more constrained

Location:

EUROPE

Brexit means the loss of a key member state with an active and outward-looking security policy stance

Trade rebound does not match regional demand outlooks

Location:

INT

Estimates see world trade rebounding from sub-1% to 3.5% in 2024, even though all regions are slowing or growing slowly

Uneven vaccine roll-outs will widen recovery gaps

Location:

INT

Budgetary, logistical and political constraints will shape what economic recovery path individual countries can adopt

Intra-regional migration set to grow in Latin America

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LATIN AMERICA

Between 2000 and 2010, Latin American and Caribbean migration declined to destinations outside the region

Next two years could see new direction for China

Location:

CHINA

The next two years will see important changes in China’s internal policies and external environment