Global Economic Outlook Q2 2012
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A collective sigh of relief
The second quarter edition of Deloitte Research’s Global Economic Outlook offers timely insights from Deloitte Research’s team of economists about the trends and events that are shaping the marketplace.
The issue begins with an analysis of shifting trade patterns. The article claims that China may be shedding its status as the “factory of the world” because of rising costs and a burgeoning middle class. As Chinese production moves up the value chain, other emerging economies — especially Sub-Saharan Africa and the Middle East — may gain a larger share of global trade, which could significantly alter trade patterns.
Additionally, this edition offers economic outlooks for the Eurozone, the United States, China, the United Kingdom, India, Japan, Brazil, Russia, and Indonesia.