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  • Publication Date: 08-2012
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: Ten years ago, The Economist ran a cover with the title “Africa: The Hopeless Continent”. Today, this has been replaced by “Africa Rising” (last December's issue)—a reflection of the changes that the continent has experienced over a decade. What has engineered Africa's rise through difficult times? It is predominantly the emergence of the BRICs, particularly India and China, that has helped to put Africa back on the map of development and investor interests.
  • Topic: Development, Economics, Foreign Direct Investment
  • Political Geography: Africa, China, India
  • Publication Date: 11-2012
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: Markets of the future—China, India, Brazil and Russia—will become the dominant retail markets l Africa, the final frontier—as BRIC opportunities diminish retailers will look to Africa as a driver of growth l Virtual marketplace— e-commerce, m-commerce and s-commerce—will transform the global retail landscape l Bricks and mortar will fight back as traditional retailers respond to change by integrating online with physical store offerings l Convenience will be king as shopping habits evolve into a multichannel approach rather than “one-stop shopping” l UK focus: polarised shopping habits could continue even when incomes recover, leading to an even greater squeeze on mid-market retail by 2022.
  • Topic: Economics, Emerging Markets, International Trade and Finance, Markets, Science and Technology, Communications
  • Political Geography: Russia, China, United Kingdom, India, Brazil
  • Publication Date: 06-2012
  • Content Type: Policy Brief
  • Institution: Economist Intelligence Unit
  • Abstract: The global economy remains in precarious shape. Europe's debt crisis rages on, and although the euro appears to have survived its most recent test in the form of the Greek election on June 17th, austerity and financial-market uncertainty are depressing economic activity in Europe and, by extension, in much of the rest of the world. The Economist Intelligence Unit continues to expect global GDP growth to slow in 2012, and while our forecasts for the G3 economies—the US, euro zone and China—are essentially unchanged this month, we have cut our projections for Brazil and India.
  • Topic: Debt, Economics, International Trade and Finance, Markets, Financial Crisis
  • Political Geography: United States, China, Europe, India, Brazil
  • Publication Date: 12-2007
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: The Indian National Congress party, which heads the United Progressive Alliance (UPA) government, is doing relatively well in the opinion polls and may be tempted to call an early general election within the next six months (the poll must take place by May 2009). However, the outcome of the election is likely to be another coalition government. Major reform-oriented policy changes are unlikely to be pushed through in the run-up to the election, particularly given the rift between the UPA and its leftist political allies. Monetary policy will be put on hold in 2008 while inflationary pressures abate. Real GDP growth is forecast to moderate slightly, to 7.9% in fiscal year 2008/09 (April-March) and 7.2% in 2009/10. Strong domestic demand will lead to a widening of the merchandise trade deficit over the forecast period, but surpluses on the services and transfers accounts will limit the current-account deficit to an annual average of 1.5% of GDP in 2008-09.
  • Topic: Economics, Political Economy, Privatization
  • Political Geography: India, Asia