Global Risk Report Global growth to strengthen further in 2018

by Sameer Joshi or 01-Jul-2018

Global Risk Report is based on GlobalData Country Risk Index (GCRI)* which is a unique country risk-rating model that determines the existing and future level of country risk by assessing various qualitative and quantitative factors.

Global Overview – Key Highlights

  • Trade tensions may escalate to a financial crisis – the World Bank
  • 2018 is expected to be the year of tapering by central banks
  • Trump pulls the US out of Iran nuclear deal in May 2018
  • Oil prices to surge on supply disruption
  • Regional economic partnership to trigger investment impetus
  • End of North and South Korea war to spread peace in the Korean peninsula

Europe witnessed a reduction in risk score on improved economic outlook of the region. Asia-Pacific region has the second lowest regional risk after Europe. The risk score of the Americas remained unchanged over the previous update in Q1 2018, following a decline in Q3 2017 over Q2 2017. The Middle East and African regions witnessed an increase in risk score in Q1 2018 on the back of heightened geopolitical risk due to events such as the Qatar crisis, Yemen conflict, sanctions on Iran along with weak economic performance in the region.