Insight
Trade wars, broken Union and China credit conundrum: risks to the global economy H1 2017
Report summary
Three emerging risks could destabilise the global economy within the next five years. They are an escalation in trade protectionism, further fragmentation of the European Union, and a debt crisis in China. We estimate these risks could wipe between $2.2 and $3.6 trillion off global GDP by 2021. To put those figures in perspective, they are roughly equivalent to the current size of the economies of Brazil and Germany.
Table of contents
-
Executive summary
- Trump's tirade on trade
- Eurozone collapse and further fracturing of the EU
- China debt crisis
- Conclusion
Tables and charts
This report includes 5 images and tables including:
- Global GDP in 2021: base case and scenarios
- Global GDP in 2021: protectionism scenario
- Real GDP index for major European economies (base case and downside scenario)
- Global GDP in 2021: China debt crisis scenario
- Debt in China
What's included
This report contains:
Other reports you may be interested in
20 January 2023
Global copper short-term outlook January 2023
Commodity Market Report
Global copper short-term outlook January 2023
Copper prices rally on China reopening and stronger demand expectations while supply issues continue to mount
$5,00031 January 2023
China economic focus January 2023: reopening and recovery
Insight
China economic focus January 2023: reopening and recovery
China’s economy – ready for a year of recovery.
$95020 December 2022
Global cobalt investment horizon outlook - Q4 2022
Commodity Market Report
Global cobalt investment horizon outlook - Q4 2022
Significant investment will be required to establish localised value chains and create more stability in the global cobalt market.
$10,000
