On the front cover of today’s Financial Times (FT), James Kynge, the FT’s Emerging Markets Editor, and Chris Giles, the FT’s Economics Editor, warned that global growth is being threatened by “a slow growth era” in emerging markets (EM), its lowest ebb since the aftermath of the financial crisis.
Data from 19 large emerging economies collated by research firm Capital Economics show that industrial output in August and consumer spending in the second quarter fell to their lowest levels since 2009. Export growth in August also plunged. James commented that such concerns were “due to a combination of China’s fading dynamism, a sputtering performance in eastern Europe and Latin America’s slowdown.”
Whilst emerging Asia remains the most resilient of the large EM areas, George Magnus, senior adviser to UBS and former chief economist, said: “It is now clear that the exceptional acceleration in emerging market growth between 2006 and 2012 is over,” noting that the IMF has revised downward its forecasts for EM growth on six occasions since late 2011.
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To find out more about these speakers, or to book either James Kynge or George Magnus as a keynote speaker for your conference or event, please contact Leo von Bülow-Quirk at firstname.lastname@example.org or call 0044 (0) 20 7792 8000.
In “The Europe Report: A Win-Win Situation” the Mayor of London’s Chief Economic Advisor, Dr Gerard Lyons, considers how London’s economy would be affected by four different scenarios based on the UK’s relationship with Europe in 20 years time. London alone is currently the ninth biggest economy in western Europe and its £350bn economy represents 22.5 per cent of the entire UK economy.
It is the first time that an economic forecast regarding London’s relationship with the EU has looked two decades into the future and their results, according to Gerard, clearly indicate that the best economic scenario for London would be for the UK to remain part of a reformed European Union. However they also indicate that a scenario where the UK leaves the EU but continues to conduct outward looking and positive economic policies with the EU and the wider world offers nearly the same level of benefits.
A third scenario where the UK remains in an unreformed EU offers far less opportunity for economic growth and a worst case scenario where the UK leaves the EU and operates isolationist economic policies would cost London’s economy more than one million jobs.
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To find out more about Gerard Lyons, or to book him as a speaker, please contact Alex Hickman on 0044 (0) 20 7792 8004.
Professor and Vice-Chairman of Geography, UCLA, Laurence C. Smith, combines the lessons of geography and history with state-of- the-art model projections and analytical data to present a revolutionary picture of what our world might look like in 40 years’ time. Laurence is also advisor to Congress and the UN and on climate change and his work on northern climate change has been funded by the Guggenheim Foundation, the National Science Foundation, and the National Aeronautics and Space Administration.
Click here to read more about his book “The World in 2050: Four Forces Shaping Civilization’s Northern Future” (Dutton, 2010) which argues that humanity’s future prosperity lies in the Arctic rim.
Click here to read Laurence’s latest research, co-written with with Scott R. Stephenson: “New Trans-Arctic shipping routes navigable by mid-century” which projects unprecedented new Tran-Arctic shipping routes based on climate forecasts for the years 2040 to 2059 and is the first thorough assessment of this of this kind.
To find out more about John Hulsman, or to book him as a geopolitical speaker for your conference or event, please contact Leo von Bülow-Quirk at email@example.com or call 0044 (0) 20 7792 8000.