Despite dark political clouds, activity has surprised on the upside in many economies - for example in China, Japan and the euro zone as well as in the Nordic and Baltic countries - driven by ever-stronger labour markets, rising resource utilisation, increased trade and higher asset prices.

29.08.2017 - 07:01:53

SEB: Nordic Outlook: The world economic situation is improving - Growing risks of imbalances in overstimulated Swedish economy. Aside from greater georpolitical risks, there are also major social challenges such as economic inequality, ageing populations and sectoral job losses due to digitisation and automation. GDP growth in the 35 mostly affluent countries of the Organisation for Economic Cooperation and Development (OECD) will reach 2.1 per cent this year and in 2018, then slow to 1.9 per cent in 2019.