Blog posts tagged by tag: Eastern Europe

• Turkey’s Currency Crash Worsens Outlook for the Economy

  Guest Author: Daniel Solomon, Economist, Euromonitor International

  Turkey’s economy has deteriorated dramatically during the summer. The Turkish lira crashed by 33% in August 2018, bringing the total depreciation for 2018 to around 70%.  Inflation in August reached 17.9% year-on-year, and the central bank raised its key interest rate from 8% to 17.75% during the summer. Both consumer and business confidence have dropped sharply. In September, Turkey’s central bank hiked interest rates once again to 24%.

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  Tags: Eastern Europe, Turkey

• What are the prospects for Emerging Economies in 2017?

  Emerging markets started 2016 on a weak note, with concerns over falling commodity prices and China’s slowing economy weighing on economic outlook. However, as the year progressed, various factors have led to emerging-market strength and economic performance was better than initially expected.

  After expanding 4.0% in 2015, emerging economies grew by an estimated 3.9% last year, according to FocusEconomics’ Consensus Forecast. Economic growth was supported in 2016 by improving commodity prices and a broadly stable U.S. dollar. China’s economy proved more robust than initially feared and the recovery now looks to be back on track in Brazil and Russia.

  But what’s in store for emerging markets this year? Will growth pick up in 2017?

  

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  Tags: Asia, Eastern Europe, Infographic, MENA, Sub-Saharan Africa

• Global growth to edge up in 2017

  Global growth is likely to strengthen this year but uncertainty over geopolitical issues across the globe, elections in various European countries, Brexit negotiations and Donald Trump as President of the United States, pose risks to growth. Have a look at what is expected for the developed economies & the emerging markets in 2017.

  

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  Tags: Asia, Eastern Europe, Economic Growth (GDP), Infographic, Latin America, Major Economies

• How will emerging markets perform in 2017?

  After a difficult 2015, the emerging markets have fortunately not decelerated as initially feared this year. Economic growth has been supported in 2016 by improving commodity prices and a broadly stable U.S. dollar. China’s economy has proved more robust than initially feared and the recovery now looks to be back on track in Brazil and Russia.

  FocusEconomics’ Consensus Forecast sees emerging economies as a whole growing 3.9% this year, after expanding 4.0% in 2015. But what is in store for emerging markets in 2017?

  Have a look at our latest Consensus Forecasts and find out what our panel of analysts says about the outlook for the key emerging markets next year.

  

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  Tags: Asia, Eastern Europe, Infographic, Latin America, MENA, Sub-Saharan Africa

• How will emerging markets perform in 2016?

  Find out in the latest Consensus Forecasts from our network of world-leading economists

  

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  Tags: Africa, Asia, Eastern Europe, Economic Growth (GDP), Emerging Markets, Latin America, MENA