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Global spending needs will undermine austerity call

Location:

INT

The IMF urges “decisive fiscal consolidation” to guard public budgets and rebuild buffers, but spending needs will rise

Italy: Public opinion on war

Location:

ITALY

Italy’s election on September 25 threatens to bring about a change in the country’s approach to Ukraine

Risks and opportunities 2021: Western Europe

Location:

WESTERN EUROPE

Chancellor Angela Merkel’s exit from politics and a revival in populism represent key risks over the next year

English-speaking Caribbean faces economic uncertainty

Location:

CARIBBEAN

The island economies are highly vulnerable to natural disasters and external events

Latin America’s demographic dividend declines

Location:

LATIN AMERICA

Latin America is another region that is getting old before it gets rich

COVID-19 will hold back longer EU life expectancy

Location:

EU

The COVID-19 pandemic interrupted the trend adding years to average life expectancy, especially in the eastern EU

Wealth shifts across ages will exacerbate inequalities

Location:

INT

Huge wealth transfers from those currently over 60 to the under-60s in the coming decades will have broad implications

Weak long-run growth raises risks to the world economy

Location:

INTERNATIONAL

Global GDP will grow by less this decade than the past unless there is a surprise uptick in productivity

EU population is becoming more urban

Location:

EU

Trend for people to move to towns and cities is gaining momentum now in Central-Eastern Europe

Regional inequality may widen as China’s GDP recovers

Location:

CHINA

Local governments will spend trillions of renminbi to aid GDP and jobs, but the scope to add productive capacity varies