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2021 economic and industry outlook : third quarter perspectives

2021 economic and industry outlook : third quarter perspectives
Recurso electrónico / Electronic resource
Sección: Documentos electrónicos
Título: 2021 economic and industry outlook : third quarter perspectives / MAPFRE Economics
Publicación: Madrid : Fundación MAPFRE, 2021Notas: Sumario: The world continues on its gradual path of recovery, strongly supported by the services sector and with an unprecedented share of global growth in developed countries. Thus, the global economy is expected to grow by around 6% in 2021 and 4.4% in 2022. This growth is rooted in improved global mobility in the face of Covid-19, the revival of China's consumption, demand for services in developed markets, and monetary and financial momentum in the developed world. Emerging countries, however, will see more meager growth and their contribution to growth will be lower given the epidemiological situation and the limited margin for expansionary economic policy. Overall growth will also have a high nominal component, but the upturn in inflation will be transitory. On the other hand, the prospects for a return to economic growth are helping insurance markets to recover. Some emerging economies are experiencing a rebound in inflation and have exhausted their fiscal capacity, forcing them to reverse some of the measures adopted, which will delay their recovery. However, the rise in interest rates in these economies is creating a favorable environment for the marketing of life savings products, which have suffered the most from the crisisRegistros relacionados: Traducción de: Panorama económico y sectorial 2021 : perspectivas hacia el tercer trimestreMateria / lugar / evento: Mercado de seguros Datos macroeconómicos Perspectivas económicas Perspectivas del seguro Otros autores: MAPFRE Economics
Fundación MAPFRE
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