Global Economy in 2013: Uncertainty Weighing on Growth

The global economic outlook remains highly uncertain in 2013.
 
Agreement on a series of tax rises in the United States pulled the economy back from the brink of the ‘fiscal cliff’, but tough negotiations on the debt ceiling and spending cuts remain.
 
In China, the new leadership is expected to focus on avoiding the middle income trap which will mean sacrificing faster for more sustainable growth.
 
Reforms to open up the Indian economy to foreign direct investment have met with stiff resistance and the high inflation rate persists.
 
This Grant Thornton report provides insight into the expectations of business leaders in 2013 in key areas and provides a snapshot of the hot topics in the past year, such as women in business, future of Europe, executive compensation and international expansion.
 
Key Area include,
  • Business confidence

 

  • Business operations

 

  • Investment

 

  • Inflation

 

  • Employment

 

  • Access to finance 

 

 

 

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