The global risk outlook is still dominated by the euro-zone debt crisis and its potential impact across the globe. With the Greek and Italian governments falling victim to the crisis in November, and with EU leaders still seeking sustainable solutions, the worldwide impact of Europe’s debt problems will continue. Although emerging markets have been cited as potential ‘saviours’ of the troubled global economy, each of the key regional emerging markets (Brazil, Russia, India, China and South Africa – the BRICS) has its own individual development trajectory within the global framework.
The individual cases of each of these key emerging economies highlight the extent to which local and regional factors mediate the effects of global developments. To gain a full picture of the factors affecting your exposure, you need to track both global and country-specific developments.
December´s free Country Risk Reports: Luxembourg, Mexico and Qatar.