The Restructuring Review - 11th Edition
The global economic upswing, which began in 2016, continues to strengthen with global GDP growth reaching 3.9 per cent in the second quarter of 2018 and expected to increase further in the second half of 2018. World trade growth accelerated by 4.7 per cent in 2017, following trade growth of only 1.8 per cent in 2016. This is largely driven by cyclical improvements and an increase in investment growth in developed economies.
Despite a forecast of 3.2 per cent world economic growth in 2018, rising trade tensions, increasing public debt levels and geopolitical issues loom large over the global economy. The escalating trade war between the United States and China over import tariffs as well as the United States’ imposition of tariffs on steel and aluminium imports from the European Union have caused alarm across global markets and concern about the potential impact on global trade and economic growth.
In this book:
- Christopher Mallon, Skadden, Arps, Slate, Meagher & Flom LLP
- British Virgin Islands
- Cayman Islands
- England and Wales
- Hong Kong
- South Africa
- United Arab Emirates
- United States