Business as usual is changing: our predictions for
2013
Key messages:
1.Advanced economies projected to be smaller than emerging
economies in 2013 for first time since reliable records
began.
2.Emerging economies in the 'driving seat' of global
growth in 2013.
3.Expanding cities of the emerging world a gateway to young
and new affluent consumers of the world.
4.US growing by around 2% but Eurozone still flat at
best.
5.Commodity price instability to continue.
2013 will be the year when we start to see how the world economy
will look for the rest of the century. It will be the year when
businesses recognise beyond any doubt that global growth and
commodity prices are now driven primarily by developments in China
and India, not the US and Europe. In the first issue of Global
Economy Watch for 2013, we set out the themes we believe will
dominate the global economic outlook this year and how this will
impact the wider business agenda.
