Economic Analysis has to incorporate, amongst other elements: Financial, Political, Scientific, and Social aspects into a ‘Going-Forward’ estimation. As to matters with which we personally engage daily, “Countries’ Interfaces” are of great importance. We constantly search for tools to bring more precision to our analyses for clients and ourselves. Such a tool is WELT2021.
We are impressed by what we ascertain are logical developments to be developed in the future, which are sourced in activities of today; as is reported in WELT2021. It is not easy to review 193 countries accurately, especially as to possible advances and shortcomings due to countries’ leaderships. As the adage goes: “The Fish Rots From The Head First.”, it is applicable to both government leaders and well as business ‘Nabobs’ decisions; those which affect their underlings and their public in general.
WELT2021 has added value as it quantifies growth or shrinkage in outputs for a number of years out to 2035; this is excellent! As aforementioned, decisions, good or bad, will eventually show up ‘downstream’ in Gross Domestic Product (GDP) and Purchasing Power Parity (PPP) results for all to see. In countries where political advocacy triumphs over judicious business assessment, for example, downturns are assured. As an example, if in America, a regime change shortly does occur, with a Washington, D.C. politician, ‘with a liberal history’, replaces a well-established conservative Businessman, one can reasonably expect economic seisms to occur. The current $27,000,000,000,000.00 in country debt, we expect should see inordinate increases. Since the politician has consistently, over many years, advocated hegemonic behavior around the world, military spending, for continuing warfare should increase, we expect. Also, if this occurs, expect a reduction in U.S. Sovereignty to be evidenced internally. Ergo, as the WELT2021 Analysis shows, in the future ‘Numero Uno’ will become ‘Numero Dos’ [a reasonable expectation].
Overall, it is well worth reading and understanding the implications of high, low, or no-growths of various countries to 2035. In the excellent WELT2021, we, in International Business, applaud “CEBR” for exemplary work.
Reality: As in ancient times, the user of the Abacus as his ‘tool’, to the present time, with a written ‘tool’, the wise operator, using such ‘devices’ stays ahead of the mere Sheep.