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Which market do you think will see the biggest recovery over the next 5 years?

So, what do you think? Which market will recover fastest? Where is the money going to be over the next 5 years?

Which market will show the fastest recovery? 22 votes

UK
4% 1 vote
Europe ex UK
4% 1 vote
North America / US
9% 2 votes
China
22% 5 votes
Asia Pacific ex Japan
9% 2 votes
Japan
9% 2 votes
Emerging Markets
22% 5 votes
Latin America
4% 1 vote
Maybe I know, maybe not, either way I'm not telling you!
13% 3 votes

Comments

  • elwy
    elwy Posts: 82 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    From the World Bank forecast updated 31st March:
    http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22121495~pagePK:64257043~piPK:437376~theSitePK:4607,00.html
    Regional growth forecasts

    Europe and Central Asia has been worst affected by recent developments. GDP in the region is expected to fall by 2 percent in 2009, compared with a 4.2 percent increase in 2008. The markdown in growth for the region as compared with the Bank’s November forecast is 4.8 percentage points, the sharpest revision among developing regions.

    Latin America and the Caribbean will also likely see GDP contract in 2009, although at the country level outturns may be diverse. Overall, GDP is projected to decline 0.6 percent following gains of 4.3 percent in 2008.

    East Asia and the Pacific is likely to be most affected by the falloff in global investment and trade. Already this has cut sharply into industrial production and capital spending. GDP growth is expected to ease to 5.3 percent in 2009, as growth in China slumps to 6.5 percent, and several smaller economies in the region, including Thailand fall into recession.

    Prospects for South Asia have been marked down to 3.7 percent growth for 2009 from earlier forecasts of 5.4 percent for 2009—and down from 5.6 percent growth in 2008. Though terms of trade have moved in the region’s favor with lower oil prices, weaker export demand is being felt sharply.

    Growth in the Middle East and North Africa appears least affected among developing regions, dropping just 0.3 points from earlier projections to 3.3 percent. Reduced oil revenues and cuts in oil output will restrain GDP among oil exporters to 2.9 percent from 4.5 percent in 2008.


    Any comments or revised opinions?

    edit: font formatting.
This discussion has been closed.
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