Global Economic Conditions Survey Report: Q1, 2012

by ACCA, 08 May 2012

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tags:
ACCA business confidence business outlook corporate insolvencies economic outlook economic recovery end of global economic recession

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ACCA finds that a rise in business confidence reflects improving business conditions, improving expectations of a global recovery and a positive response to the decreasing likelihood of a further escalation of the European sovereign debt crisis or a hard landing for the Chinese economy.

Inside:

Business confidence bounced back in early 2012 as worst-case-scenarios appeared more remote
Rich countries breathe a sigh of relief, perhaps too soon, while far east lags behind
Fundamentals improve as demand returns
Governments to the rescue as support for austerity fades

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ACCA

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