10 Nov 22 | CET: 02:25 PM - 10 Nov 22 | CET: 02:50 PM
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The global economic environment has become more volatile during the last few years, with many risks clouding the outlook. Business leaders now need to focus on building resilience, improve efficiency and enhancing market foresight to prepare themselves for macroeconomic shocks and identify new growth opportunities.
Between 2022-2040, East Africa is predicted to record faster economic growth than sub-Saharan Africa at large and other Asian economies that are experiencing rapid industrialisation. However, like in other parts of sub-Saharan Africa, the region will still need to grapple with major challenges, including widespread poverty and political instability.
As the world’s energy landscape is undergoing a significant transformation, countries around the globe are striving to secure reliable and sustainable energy supply. However, not all nations are positioned equally in this quest for energy security. Our Global Energy Vulnerability Index sheds light on the energy vulnerabilities and strengths of different economies, revealing the challenges they face and the opportunities they can seize to enhance energy security.
Geopolitical tensions, stagnation in major economies, debt distress and climate change are the key risk factors that could result in further disruptions in the global economy. Macroeconomic shocks can have a major impact on business outcomes as they affect production costs, consumer spending power and market potential. As economic uncertainty persists, companies need to judge their business stability against future shocks and be ready for a range of macroeconomic scenarios.
The latest 2023 quarterly forecast data shows gradual improvements to economic projections for the year. But the global outlook remains weak as challenges persist.
Albeit staying historically high, prices of many commodities are set to normalise below last year’s levels, weighed by weaker global demand. Despite recent improvements in global economic outlook, it remains fragile as high borrowing costs, persisting inflation, geopolitical woes and disappointing China’s recovery weigh on the outlook and dent demand for energy, metals and food. Yet, tightening global supply adds pressure to energy and food commodities markets.
Our award-winning syndicated market research database provides detailed data and analysis on industries and consumers, across 1200 cities, 210 countries. We use advanced analytics and data science to identify and measure the effect of disruption to the economy, industries, costs and prices.
Explore PassportVia helps you navigate a fast-changing digital marketplace. We extract and organise ecommerce data from over 1,500 online retailers in 40 countries providing daily updates on pricing, assortment size and key attributes.
Explore ViaOur consulting team answers your commercial questions with data and insights generated by our research experts, industry knowledge and 1,200 on-the-ground analysts in 100 developed, emerging and frontier markets.
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