I think the big question isn't whether the global economy will improve in 2014, but which countries and sectors will drive that growth, and how quickly it will impact consumer confidence.Paul Harraghyat 5:36 PM
Thanks Paul for writing in. This will be addressed by Dennis in his opening remarks. Stay tuned, we're starting soon!
CEOs are definitely more confident than they were a year ago. Twice as many CEOs say they’re ‘very confident’ the global economy will improve in 2014. And only 7% think it will decline, compared to 28% last year.
The global economic recovery continues to be fragile but, with immediate pressures beginning to ease, CEOs are feeling more optimistic and gradually switching from survival mode to growth mode.
Last year, the advanced economies were struggling while the emerging economies surged. This year – exactly the opposite - the advanced economies are mending, while growth in some of the emerging economies is decelerating.