Q4 2013 Macroeconomics Update: 2014 - Great taper expectations

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Report summary

The 2008-9 financial crisis was an extreme shock to the global economy and it prompted extraordinary policy measures. More than five years on, the ripple effects continue to be felt. In our latest update, Wood Mackenzie forecasts global GDP growth to accelerate from 2.1% this year to 2.7% next year. The upward momentum will be driven primarily by a recovery in the developed world. We expect a robust recovery in the US as business investment and job creation pick up next year – GDP growth is...

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    Q4 2013 Macroeconomics Update: 2014 - Great taper expectations

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Table of contents

    • 2014 - Great taper expectations
    • Europe - Out of recession, but not out of the woods
    • US - a take-off, finally?
    • Great taper expectations
    • India - lost Asian tiger
    • China - big words, small actions?
    • Conclusion

Tables and charts

This report includes 7 images and tables including:


  • Europe: Optimism returns
  • But deflation fears creep in
  • Q4 2013 Macroeconomics Update: 2014 - Great taper expectations: Image 3
  • Corporate bond yields going up
  • Fragile recovery in the US housing market
  • India: Chasing inflation
  • China: Money supply tightening

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