Centro de Documentacion de Fundación MAPFRE - Insolvencies increase as government support ends

Publication: Madrid [etc.] : Atradius Crédito y Caución S.A. de Seguros y Reaseguros, 2022Physical description: 7 pSeries: (Economic Research)Notes: Sumario: In 2022, we expect the global economy to gradually emerge from the Covid pandemic, with restrictions unwound in most countries and regions. However, in economic growth terms we see that most gains from reopening economies have already been exploited. Moreover, supply chain bottlenecks, rising consumer demand and the war in Ukraine will weigh on growth as they increase price pressures. We do, however, expect that the global economy will remain a long way from recession territory. This is because Russia and Ukraine in themselves are not large enough economies to influence global growth (they represent less than 2% of global GDP). The main effect on global growth will be via higher commodities prices. We estimate global inflation in 2022 to be 6.1%. This is having a negative impact on consumers' purchasing power and on global GDP growth, which is expected to moderate to 3.4% in 2022, compared to 5.9% in 2021.Materia / lugar / evento: Economía internacional Crecimiento económico Recuperación económica Cadena del suministro Precios Inflación Poder adquisitivo Insolvencia Otros autores: Atradius Crédito y Caución S.A. de Seguros y Reaseguros
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