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President Cyril Ramaphosa’s State of the Nation Address (Sona) again contained some positive signs of a change in policy direction. The provision of...
Yesterday’s unexpected majority win for the Socialist Party paves the way for greater political stability in Portugal. This will simplify the...
Japan’s parliament has approved the latest supplementary budget, which includes the second-largest expenditure package in its history. But while the...
We expect important changes to the EU’s fiscal governance framework, but no paradigm shift. Specifically, green and digital public investments will...
After emerging as an outperformer in early 2021, the Central and Eastern European region is set to face an eventful year in 2022. This year should...
The Infrastructure Investment and Jobs Act (IIJA) will deliver a 2% boost to US construction activity over the next two years, about five times...
Diminishing economic disruption and uncertainty, stemming from the pandemic and ensuing supply-side bottlenecks, bode well for a still-strong...
We see China’s economy entering 2022 with weaker growth. Our forecast has GDP growth dipping to 3.6% y/y in Q4 2021. And we expect 5.4% GDP growth in...
The eurozone pushed on with a strong recovery in 2021, but in many ways that’s been the easy part. With reopening tailwinds mostly exhausted, the...
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