"Great Divergence" in Global Economic Growth to Become More Pronounced

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“The ‘great divergence’ in economic growth globally has become even more pronounced,” says IHS Chief Economist Nariman Behravesh in a preview of a presentation to be made at the Global Economic and Country Risk Conference, Thursday, October 1 in Washington, D.C., hosted by IHS Inc., the leading global source of critical information and insight.

“The ‘rolling routs’ in global financial and commodity markets will adversely impact the emerging world, while growth in the developed economies continues to show signs of strength, albeit still modest and tentative” Behravesh says. “Four trends have driven this divergence: debt and deleveraging; the plunge in oil and other commodity prices; central banks’ actions, and the rise of the U.S. dollar.”

Behravesh will present the global economic outlook at the IHS Economics and Country Risk Conference, October 1, in Washington, D.C.  IHS economists and industry analysts will discuss China's near-term outlook, reform progress, and long-term growth prospects; the competitiveness of U.S. manufacturing; and the future for U.S. economic growth. The event will also explore issues likely to play a role in the upcoming 2016 U.S. presidential elections, Europe’s future after the crisis in Greece and the expectations for growth opportunities and risk in key emerging markets.  

Featured speakers (partial list):

• Nariman Behravesh, chief economist, IHS
• David Dollar, senior fellow, John L. Thornton China Center, Brookings Institution
• Jacob Funk Kirkegaard, senior fellow, Peterson Institute for International Economics
• Daniel J. Meckstroth Ph.D, vice president and chief economist, council director, Manufacturer's Alliance for Productivity and Innovation
• Paul Thomas, chief economist, Intel Corporation
• David Wessel, director, Hutchins Center on Fiscal and Monetary Policy, Brookings

Registration

The IHS Economics and Country Risk Conference will be held Thursday, October 1, at the Washington Hilton in Washington, D.C.

About IHS

IHS is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.