Digital Transformation, Large-scale Decarbonization Investments, and Supply Chain Reorientation to Drive Multisector Growth Opportunities
Developed European nations have had a challenging socioeconomic environment in 2022, especially amidst highly volatile geopolitical tensions and record-high inflationary pressures. Economic growth is likely to remain subdued in 2023 across the whole region as high energy costs weigh on household spending and lower profit margins of businesses, given high production costs. Despite challenging economic conditions at present, the region’s long-term growth and development prospects are indicative of transformative shifts and growth opportunities in digitalization across industries, decarbonization and green transition, as well as increased focus on re-shoring and near-shoring-Mega Trends which are helping to diversify these economies and build future resilience and growth potential.
This Developed Europe macroeconomic thought leadership provides a growth snapshot of Germany, France, Italy, Netherlands, and Spain through the identification of growth drivers and restraints, investment and policy highlights, and potential economic risks, while also assessing Mega Trends which are reshaping the future of these economies Decision-makers can gain insights into the evolution of long-term macroeconomic trends, while also assessing policy highlights for key industries across the region. Larger EU prospects for trade, energy security and currency strength are also highlighted.
KEY ISSUES ADDRESSED
- What is the regional growth outlook?
- What are the 2023 European Union budget highlights?
- What is the global positioning of key developed European nations in terms of growth and innovation indicators?
- What is the future of the region’s currency, trade, energy security, and labor markets?
- What is the growth outlook for Germany, France, Italy, Netherlands, and Spain?
- What are the policy initiatives which are leading digital and sustainable transformation?
- How are governments supporting growth in new and emerging industries?
