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Why is the global economy feeling like a ship sailing into still and stagnant waters, as developed and emerging economies alike struggle for momentum?
To know more: https://go.edc.ca/trade-insights_pod
While diversifying to new markets can be rewarding, it also comes with risk. The bold few, who are ready to brave the complicated current geopolitical backdrop, will find immeasurable opportunity. Those who are well-informed will be best-positioned for success.
To know more: https://go.edc.ca/trade-insights_pod
While it’s easy to be distracted by the day-to-day gyrations of the market, and the flurry of news around the global economy, we need to keep our eyes on the immutable structural trends that will shape the world that Canadian companies will be competing in over the long term.
To know more: https://go.edc.ca/trade-insights_pod
As we expect to see a gradual weakening of Canada’s domestic economy in 2023, international trade will be more important than ever. So, why has the share of Canadian gross domestic product (GDP) and jobs supported by exports fallen from 38% in 2001 to 30% in 2021?
To know more: https://go.edc.ca/trade-insights_pod
In 2023, will the gains that helped many African countries emerge as competitive markets be reversed or will this be another test of resilience for the continent?
To know more: https://go.edc.ca/trade-insights_pod
The global economy came careening into 2022 having navigated a series of peaks, valleys and blind curves. How will we navigate 2023?
To know more: https://www.edc.ca/en/weekly-commentary/global-economy-hard-road-ahead.html
Only two years ago the European Council announced enhanced greenhouse gas reduction goals, targeting a 55% cut in emissions by 2030. Can Europe’s immediate energy needs be reconciled against these ambitious climate change targets that require a phaseout of fossil fuels?
To know more: https://www.edc.ca/en/weekly-commentary/energy-crisis-threat-europe-climate-goals.html
As we close out 2022, EDC Economics looks back at some of the predominant themes of the past year, and what they mean for 2023.
To know more: https://www.edc.ca/en/weekly-commentary/2022-review-year-ahead.html
Twice a year, our Trade Confidence Index survey goes to field to gauge how global and domestic economic conditions are impacting Canadian exporters and export-ready businesses.
With Canadian exporters facing unprecedented levels of uncertainty, due to supply chain concerns, rising business costs, global economic conditions, staffing and cash flow challenges, it won’t be surprising that the overall TCI dropped for a third consecutive time, in stark contrast to the historic heights reached in 2021.
To know more: https://www.edc.ca/en/weekly-commentary/canadian-exporters-brace-for-chill.html
The current wave began in 2018 with the election of Mexican President Andrés Manuel López Obrador, through Argentina in 2019, Bolivia in 2020, Peru, Honduras, Chile in 2021 and the historic 2022 election of Gustavo Petro in Colombia. And, on Oct. 30, Brazil’s Lula defeated incumbent president, Jair Bolsonaro, returning the icon of the Latin American left to the presidency. Is Latin America witnessing a resurgence of the so-called pink tide? And, if so, what will it mean for the region’s policy outlook and its business environment?
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