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2022 Economic and industry outlook : fourth quarter perspectives

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<title>2022 Economic and industry outlook</title>
<subTitle>: fourth quarter perspectives</subTitle>
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<namePart>MAPFRE Economics</namePart>
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<namePart>Fundación MAPFRE</namePart>
<namePart>Área de Seguro y Previsión Social</namePart>
<nameIdentifier>MAPA20140009312</nameIdentifier>
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<place>
<placeTerm type="code" authority="marccountry">esp</placeTerm>
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<issuance>monographic</issuance>
<place>
<placeTerm type="text">Madrid</placeTerm>
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<publisher>Fundación MAPFRE</publisher>
<dateIssued>2022</dateIssued>
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<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
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<abstract displayLabel="Summary">The report presents a view in which global economic activity growth is in a phase of exhaustion, accompanied by tighter financial conditions, as well as more entrenched and persistent inflation. In this context, global GDP growth in 2022 and 2023 is forecast to be 3.2% and 2.7%, respectively, maintaining the view of previous reports of a short to medium-term scenario of global stagflation, with some countries briefly slipping into recession, but not reaching a global downturn. Thus, an economic environment characterized by aggressive monetary policy in the coming months and recession in the world's major economies is increasingly likely. This will have a negative impact on insurance markets, which will face a complex outlook.</abstract>
<note type="statement of responsibility">MAPFRE Economics</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600709">
<topic>Datos macroeconómicos</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611880">
<topic>Perspectivas del seguro</topic>
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<relatedItem type="otherVersion">
<titleInfo>
<title>Panorama económico y sectorial 2022 : perspectivas hacia el cuarto trimestre</title>
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<identifier type="local">MAP20220030311</identifier>
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<recordCreationDate encoding="marc">180118</recordCreationDate>
<recordChangeDate encoding="iso8601">20221209142747.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20220035842</recordIdentifier>
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<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
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