Economic Outlooks



These publications provide our clients with state-of-the-art economic knowledge about country and sector risks, business insolvency trends, and macroeconomic developments. Special reports focus on underlying trends that affect the business environment.

​Latest Issues

cover-EO-1239-CA-EN-1 ​Game of trade: Unbowed, Unbent, Unbroken? - November 2017
In this third edition of our Global Trade Report, Game of Trade: Unbent, Unbowed and Unbroken, we ask ourselves one question: Is the world mithridated against deglobalization and protectionism? It looks like we are more tolerant to trade risks after all. After two years of decline, global trade is finally back from the ashes. This comeback happens the very same year that President Trump’s America First creates havoc in the global community: protectionism, tax on foreign companies, deregulation shock. Is it the end of the Iron Throne of globalization to which the seven Kingdoms pledged allegiance? (read more​).
EO%201237-1238%20EN The Auto World Championship: The Race for Sales, Electric Cars, Profitability and Innovation - October 2017
In our autoworld championship report, car makers have to compete for sales, profits, green technology and innovation at the same time. Pole position is no guarantee for success. Agility and speed matter but are no conditions for success. However, tough decisions have to be made... (read more).
EO%201235-1236%20-%20EN High Stakes Game: Payment Behavior, Cash Piles and Major Insolvencies - July 2017
Turnovers are growing but so are input costs and the jaw effect on companies can be important. Credit is still cheap but time has come to wean the private sector off abundant liquidity. And of course, when it comes to political risk, all bets are off. From payment behavior to cash piles to major insolvencies, companies will have to gamble a little if they want to break the bank this year yet you should never roll the dice when it comes to payment risk.​ (read more).
Retail, Disrupted: Pressure and Potential in the Digital Age - June 2017
As much as we like to share the awe and wonder the global economy has in store for economists, we have to spell out one harsh truth. 2017 will neither be MARVEL-lous, nor comic, nor super. But it may have more in common with those superheroes in Marvel’s comic books you used to read as a child. They have all matured into blockbuster movies and adult-size costumes and most likely invaded a supermarket near you (read more).

Superheroes, sidekicks and villains: The Guardians of the economy - January 2017
Whatever the adjective, whatever the angle, all of these seem to boil down to the one meta-buzzword of our epoch: Customer Experience (CX). It might be tempting to dismiss it as hype. But the quest for CX is reshaping the multi-billion industry that is retail. It is also threatening millions of jobs, as employees of insolvent giant chains sadly learn almost on a daily basis (read more).
cover-economic-outlook-1230-1231 Insolvencies: The tip of the iceberg - November/December 2016

Our annual Insolvencies issue reflects on the economic events of 2016 and looks forward to what we expect to see in the global economy in 2017.  And to wrap up a year as eventful as 2016 (an understatement), our Economic Research team kicks off this issue with a very special adaptation of Let It Go, the hit theme song to the movie, Frozen.  Sure, it took you a year to get the original version out of your head, but we invite you to enjoy “Let It Flow,” a special version for Credit Managers and CFOs across the world (read more​).

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