COUNTRY RISK OVERVIEW- July 2011
Growth forecasts:
Global 2011 growth now stands at 3.3% against 3.2% in March. Growth forecasts for industrialised countries are almost unchanged at the projected 1.8%, a net slowdown compared to the 2.5% increaserecorded in 2010.
Advanced countries - Euro zone:
Good German and French performances in the first quarter this year The peripheral countries remain in recession
Advanced countries - Outside the euro zone:
Clouds looming over the United States and the United KingdomSharp slowdown in Japan
Emerging Europe:
Recovery still slower than in the other emerging economies
Emerging Asia:
Slight slowdown expected in China and India
Latin America:
Soft landing
CIS:
Growth has not recovered its pre-crisis trend
North Africa Middle East:
Political uncertainties weigh on growth
Subsaharan Africa:
Economic recovery still shaky

