Dun & Bradstreet’s Global Outlook to 2019

Summary: Dun & Bradstreet’s Global Outlook to 2019
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Summary: Dun & Bradstreet’s Global Outlook to 2019
Globally, Dun & Bradstreet (2015) reports a continued uneven recovery from the 2008-09 recession, with diverging trends in different countries. Real global growth is projected to be weaker in 2015 than in 2014, although it is expected to pick up in 2018 before slanting in 2019. However, Europe is among the winners on a regional basis whose growth in 2015 will outperform 2014, although Eastern Europe will experience slower growth in 2015. Across the five-year projection, Eastern Europe will witness the most volatility with a contraction of 0.8% in 2015 and a peak of 3.3% in 2019. However, since Europe is slowly recovering from its debt crisis, it will perform weakly despite its continued growth between 2015 and 2019.
There are also deflationary pressures creating challenges for debt-laden countries in Europe that will stifle corporate investment and household spending. The threat of low inflation in Europe will also aggravate the trend of private sector downsizing, and since the rates of interest are at record law, there is little to no capacity for monetary policies to doctor the situation (Dun & Bradstreet, 2015). Meanwhile, the tension between Russia and Ukraine has undermined gro...