BUSINESS AND THE ECONOMY – WHERE TO FIND GROWTH IN THE WORLD IN 2016

BUSINESS AND THE ECONOMY – WHERE TO FIND GROWTH IN THE WORLD IN 2016

United States 

It should perform respectably in 2016, but the trade deficit is likely to widen as the dollar strengthens and imports increase. 

United Kingdom 

Prime Minister David Cameron will spend a lot of 2016 trying to persuade voters to keep the country in the EU. 

Germany 

The absorption of refugees is likely to lift economic growth a bit. 

Russia 

Hamstrung by sanctions, President Vladimir Putin is stuck in a recession that threatens to become the country’s longest in two decades. 

China 

The communist Part is targeting ‘medium-high’ economic growth but the actual rate is likely to keep falling in 2016.01.19 

Japan 

The bank of Japan says it won’t reach its 2% inflation target until the half year through March 2017. 

India 

A bright spot on the map, with growth expected to exceed 7% next year; cheap oil should help bring down inflation. 

Brazil 

President Dilma Rouseff fears foreign investors will flee if she raises spending and the central bank cuts rates to end the recession. 

Reference: 

Blouberg Business, Early 2016 (Accountancy SA December 2015 / January 2016)