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Q1 2014 macroeconomics update: the calm before the storm?

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Global economic growth is forecast to accelerate to 2.7% this year, up from 2.1% in 2013. The three largest economies in the developed world, the US, Eurozone and Japan, are forecast to grow together for the first time since 2010. Although emerging markets stand to gain from stronger growth in developed world consumption, boosting demand for their exports, the tapering of US quantitative easing continues to pose serious challenges for many.

Table of contents

  • Executive summary
    • Global GDP growth by source
    • Emerging market borrowing costs on the rise (benchmark interest rates)
    • Chinese incremental GDP growth (billions of 2005 US$)
  • Conclusion – know which way the wind blows

Tables and charts

This report includes 7 images and tables including:

  • Q1 2014 macroeconomics update: the calm before the storm?: Image 1
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 2
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 3
  • Emerging market currencies under pressure (exchange rate index vs. US$)
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 5
  • Current-account position as % of GDP
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 7

What's included

This report contains:

  • Document

    Q1 2014 macroeconomics update: the calm before the storm?

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