GFC recovery world leaders
Latin America, emerging Asian countries, the CIS, the Middle East, and Northern and Sub-Saharan Africa are leading economic recovery from the GFC.
Coface Australia’s country risk overview for October published in thumbnail report on the website at www.coface.com.au shows the United States, Japan and Western Europe are experiencing a slow-down after a partial rebound earlier in the year and the developing European countries are also sluggish.
South American growth is behind the Latin American recovery, while demand for hydrocarbons and raw materials is driving the North and Sub-Saharan African economies.
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