The Economies Adding the Most to Global Growth in 2019
Global economics is effectively a numbers game.
As long as the data adds up to economic expansion on a worldwide level, it’s easy to keep the status quo rolling. Companies can shift resources to the growing segments, and investors can put capital where it can go to work.
At the end of the day, growth cures everything – it’s only when it dries up that things get hairy.
Breaking Down Global Growth in 2019
Today’s chart uses data from Standard Chartered and the IMF to break down where economic growth is happening in 2019 using purchasing power parity (PPP) terms. Further, it also compares the share of the global GDP pie taken by key countries and regions over time.
The World Prison Brief is an online database providing free access to information on prison systems around the world. It is a unique resource, which supports evidence-based development of prison policy and practice globally.
The Global Peace Index 2019 report finds that the average level of global peacefulness improved very slightly in the 2019 GPI. This is the first time the index has improved in five years. The average country score improved by -0.09 per cent, with 86 countries improving, and 76 recording deteriorations. The 2019 GPI reveals a world in which the conflicts and crises that emerged in the past decade have begun to abate, but new tensions within and between nations have emerged.
The United Nations, Department of Economic and Social AffairsPopulation Dynamics offers interactive maps illustrating: population growth rate, total fertility rate, adolescent birth rate, under five mortality, adult mortality both sexes, life expectancy both sexes, life expectancy at age 65 both sexes, percent population 65 and older and potential support ratio.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook. Growth is projected to pick up to 3.4 percent in 2020 (a 0.2 percentage point downward revision compared with April), reflecting primarily a projected improvement in economic performance in a number of emerging markets in Latin America, the Middle East, and emerging and developing Europe that are under macroeconomic strain.
The global economy will continue to grow at a steady pace of around 3 percent in 2019 and 2020 amid signs that global growth has peaked. However, a worrisome combination of development challenges could further undermine growth, according to the United Nations World Economic Situation and Prospects (WESP) 2019, which was launched today.
UN Secretary-General António Guterres cautioned “While global economic indicators remain largely favourable, they do not tell the whole story.” He said the World Economic Situation and Prospects 2019 “raises concerns over the sustainability of global economic growth in the face of rising financial, social and environmental challenges.”
Whether you’re an optimist pointing to predictions of job creation or you’ve been worrying that a robot might be after your job, one thing is for certain. The world of work is going through a period of arguably unprecedented change at the hands of machines; automation and artificial intelligence (AI) are the new kids on the employment block.
Employers need more from their people than ever before if they are to stay relevant and competitive. And similarly, employees expect – even demand – more from the organizations they work for. Now, a global survey of 5,000 human resources professionals and hiring managers, combined with behavioural data analysis, conducted by LinkedIn has revealed the four trends most likely to affect the next few years of your career.
Are you looking for a fresh start in 2019? Maybe you’d like to get fit? Learn a new skill? Or change career?
According to analysis from networking site LinkedIn, 2019’s employers are looking for a combination of both hard and soft skills, with creativity topping the list of desired attributes. The findings chime with the World Economic Forum’s Future of Jobs report, which concluded that “human” skills like originality, initiative and critical thinking are likely to increase in value as technology and automation advances.