Report
Patrick Artus

Which countries are currently sheltered from the factors weakening growth?

Growth is weakening in some countries under the effect of: Weak global trade, and in particular weak Chinese imports; The decline of “old industries” (automotive, intermediate goods, capital goods); The risk of being affected by US protectionism. The countries where growth will be the most resilient are therefore those where: The weight of exports - especially exports to China - is low; The weight of old industries is low; The trade surplus with the United States is small. This is the case of: Among the major OECD countries, the United States, the United Kingdom, Spain, the Netherlands and Australia; Among the major emerging countries, Brazil, Argentina, the CEECs, Turkey, India and Indonesia.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

ResearchPool Subscriptions

Get the most out of your insights

Get in touch