Community
The world bank has recently published their six monthly GEP report showing interesting contradictions in growth across various regions. In the Eurozone of course we are looking at a recession of 0.3%, although given the strength of France and particularly Germany, one wonders what this means for Greece, Spain and Portugal. US growth will accelerate from 1.7% to 2.2% (2011/12) and Japan will pull itself out of a recession of 0.9% to growth of 1.9% this year (not sure I believe this one !). Developing countries growth will remain strong but on the whole a little weaker than last year.
What a set of contrasting data and expectations. Indeed even this mixed set of predictions can be fully derailed by the collapse of the Euro or major defaults in Europe.
For those of us who invest I believe it is back to basics: What really has intrinsic value and in which geography ?
For those of us in technology it is a year to mine the seams of value and be wary of any expectations on major capital expenditure.
Above all else it is a time to be alert - remember your country needs lerts !
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Jelle Van Schaick Head of Marketing at Intergiro
07 October
Kuldeep Shrimali Consulting Partner at Tata Consultancy Services
Nikunj Gundaniya Product manager at Digipay.guru
Ritesh Jain Founder at Infynit / Former COO HSBC
04 October
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.