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Prospects for the euro-area in 2022

Location:

PROSPECTS 2022

This forecast implies the continuation of this year's rapid recovery into 2022. However, it depends on some risks abating, particularly with regard to inflation, and hence…

Mexico’s auto industry faces dual challenges

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MEXICO

The USMCA represents continuity with NAFTA in most sectors, but introduces new rules governing the automotive trade, a key industry for Mexico’s economy. The challenges of USMCA…

Emerging Asia activity will slow despite China rebound

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INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

Tigray aid crisis may damage Ethiopia’s standing

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ETHIOPIA

The agreement follows mounting criticism against Prime Minister Abiy Ahmed’s government for allegedly hindering the free flow of assistance, risking potential mass starvation.

East Africa may face prolonged pandemic

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EAST AFRICA

Other regional countries are now also receiving COVAX shipments, but all will face enormous challenges in bringing the pandemic under control.

Cross-border ASEAN trade union cooperation to grow

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ASEAN

ASEAN integration and labour unions.

Regulatory divergence would prolong EU-UK tensions

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UNITED KINGDOM

Thus far, the UK government has signalled a willingness to diverge from the EU’s GDPR regulations and from standards on gene editing, medical devices, chemicals and trademarks.

Slow productivity will weigh on UK economy

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UNITED KINGDOM

This is the result of low levels of private and public investment, deficiencies in skills and training, and contractionary fiscal policy. The government is intent on addressing…

Security struggles will exacerbate violence in Mexico

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MEXICO

Although this scenario had already been contemplated in the official decree that established the GN in 2019, the new terms for military deployments are notably different.

Diet-related health risks are set to rise globally

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INTERNATIONAL

One contributory factor to rising obesity and non-communicable diseases (NCDs), such as diabetes, has been the rising cost of a healthy diet. Over the past 20 years, the average…