The economy in 2011

The challenges and opportunities in the global economy for 2011 are discussed by David Lancefield, Yael Selfin and John Hawksworth of the PwC Economics practice.

The pace of recovery in countries such as Greece, Ireland and Portugal and Spain is crucial to retain the confidence of the markets in the international economy. Developing and emerging markets however are set to continue strong growth, but will volatility undermine opportunities for business?

Cautious optimism is the prognosis for the UK economy with a manufacturing recovery creating the opportunity for export-led growth. Opportunities for business though, may well revolve around the question of when interest rates rise in the medium to long term.

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