IHS Global Economic Insight: Growth in world’s key economies diverge

By IHS Chief Economist Nariman Behravesh and IHS Global Insight Senior Research Director Sara Johnson April 2016 Growth rates of the world’s key economies diverge While the global economy remains stuck in low gear, the divergence in growth rates among the world’s key economies is remarkable. Some are in deep recessions (Brazil, Russia, and Venezuela). Others are on the edge (Argentina, Japan, and South Africa). Then there are those, such as France and Italy, that are growing weakly and are vulnerable to setbacks. Growth is more solid, if unexciting, in economies such as Canada, Germany, Spain, Sweden, the United Kingdom, and the United States. A few economies, such as India, Indonesia, the Philippines, and Vietnam, are bright spots. Given its size and […]


“Latin America, the vision of its leaders” A book by Andrés Rugeles and 100 regional leaders

The Colombian Andrés Rugeles has achieved an almost impossible...

Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]