Showing posts with label Growth crisis in Europe. Show all posts
Showing posts with label Growth crisis in Europe. Show all posts

Saturday, October 27, 2012

27/10/2012: Ireland, Euro Area and US 2013-2016


Another interesting set of data from the Citi Research:

Table 1: These are Citi forecasts for real GDP growth. Two pints of interest:

  1. Ireland v Euro area: 2.4 v 0.3 average rates of growth forecast for 2013-2016
  2. US v Euro area

On the second point, chart below clearly shows support for my long-held thesis (since 2002 at leas) that in the long run, it is not the US that is decoupling from the World economy, but Europe...


Note: these are not my forecasts. My outlook differs from Citi outlook.