Enjoy a 15% discount on all purchases until the 31st of March 2023 using the promo code EOFWEB22 at check out!

Economy Our insights on the global economy, business environment and the world’s major cities inform business strategy and pinpoint opportunities and risks.

Global Economic Forecasts Q4 2016: Executive Summary

Euromonitor International Profile Picture
Euromonitor International Bio

Euromonitor International is pleased to provide our blog readers with the executive summary of our new economic outlook Global Economic Forecasts: Q4 2016.

The victory of Donald Trump in the US presidential elections is another political shock to the economies of the developed world. After initial downward movements, global stock markets rebounded and even increased in the first week after Trump’s election.


  • For now, US financial markets seem to have taken a benign view of the economic impact of Trump’s policies, focusing on expectations of a short-term fiscal stimulus. The real impact of the new leadership to the fundamentals of the US economy will show once some new policies start to be implemented. It is hard to predict what president Trump will actually be willing and able to accomplish. Yet, based on the pre-elections promises of Mr. Trump, the risks are downward. In light of the elections results, we have revised our forecasts of world GDP growth to 2.8% in 2017 and 3.1% in 2018.
  • Continuing uncertainty about the implementation of Brexit adds to the vulnerability of the developed economies. 2017 is also the year of general elections in France and Germany. So, new challenges, such as the National Front party of Marine Le Pen in France and political forces gaining popularity from increasing antirefugee sentiment in Germany, are awaiting Europe.
  • Brazil and Russia have been showing signs of rebound after the recession, while emerging Asia and India in particular are exhibiting solid growth. In addition, commodity prices, in particular oil and coal, have firmed over the last few months, easing pressure on commodity exporters – although some of the emerging markets still face the challenge of adjusting to historically weaker commodity prices.



Interested in more insights? Subscribe to our content

Explore More

Shop Our Reports

Occasion Innovation in Snacks: Routine Concepts

As consumers consider and preplan their snack purchases more in lieu of economic challenges, anchoring innovations around consumer routines and need states has…

View Report

Global Industrial Trends

This report provides a global overview of industrial trends from 2022 through to 2027 for the key manufacturing and service sector industries. Insights analyse…

View Report

Global Inflation Tracker: Q1 2023

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More