The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreAug 2018
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Global growth is forecast to reach 3.8% over 2018-2019, but the outlook has turned patchy. Among the advanced economies, the US is projected to see a stronger than expected growth, while the Eurozone, Japan and the UK have experienced some bumps in 2018. Emerging economies have not escaped the growth disparities either. Rising trade tensions, a stronger US dollar and higher oil prices have disfavoured some emerging countries and increased the risks to the global economic growth.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Among the advanced economies, the US is projected to see a stronger growth in the coming quarters, while the Eurozone, Japan and the UK have experienced some bumps in 2018. Advanced economies’ real GDP is expected to grow by around 2.0% annually over 2018-2019.
Rising trade tensions, a stronger US dollar and higher oil prices have disfavoured Asian economies, while some oil exporters saw positive effects. The Brent crude oil price surged by 60% between June 2017 and June 2018, boosting inflation in many advanced and emerging markets.
The escalation of trade protectionism has raised the probabilities of more severe scenarios such as a major trade war or a global downturn. Emerging market vulnerability has also increased on the back of lower investor confidence and contagion fears following Turkey’s financial turmoil. In the worst-case scenario, all these risks could merge leading to a global economic crisis.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.