The third quarter edition of the Global Economic Outlook offers timely insights from Deloitte Research economists about the United States, the Eurozone, China, Japan, India, Russia, Brazil, and the United Kingdom.
The global economy appears to be settling into a new normal of modest growth in developed economies, stabilization of growth in emerging economies, and a decline in systemic risks emanating from policy mistakes.
On the other hand, geopolitical risks appear to have reared their heads lately to a degree we haven’t seen in some time.
Troubles in Ukraine, Iraq, and the South China Sea have led to concern about the potential impact on economic outcomes.
Still, financial market volatility has been unusually low lately, which suggests that the global investment community is either less concerned about potential risks—or perhaps, just a bit jaded by the events of the past decade. In any event, our global group of economists has interesting opinions as to where we go from here.