Posts tagged international economy
In his latest white paper, “Global Economic Round-Up”, NAI Global Chief Economist, Dr. Peter Linneman, evaluates the state of the global economy in Europe, Asia and the United States including the impact of the continuing European debt crisis, the rise of China and India and the current state of the U.S. economic recovery.
“The global economic recovery has been hindered by a massive game of Old Maid. Who will be forced to bear the losses generated during the downturn? Only when the losses are put behind us will the world be able to focus on creating new wealth,” said Dr. Linneman. “There is simply not enough European bank capital to cover the losses associated with Greece and any defaults by Spain, Portugal or Italy.”
With an every expanding global marketplace, retailers are faced with the daunting task of embarking on network expansion beyond the U.S. borders. Whether it is into Canada, Mexico or China, there are five key cornerstones retailers need to understand in order to meet with a successful international presence. Each cornerstone is linked with the next, yet each possesses its own challenges. More >
Canadian real estate developers and investors have always participated in the U.S. real estate market. Generally, though it has being either the very largest developers like Brookfield Properties’ investments in New York or Brookfield Asset Management’s large investment in General Growth Properties. Or it’s the more entrepreneurial investor targeting the border cities like Seattle and Buffalo or the snowbirds looking for residential real estate in Arizona and Florida. But that has changed during 2010! More >
I am often travelling to large Russian regional cities where we manage office properties and shopping centers, and I always feel how different these markets are in comparison to the Russian capital. Because they are much smaller than Moscow, they are often disregarded by foreign investors and developers. More >
2011 Outlook is for Slower but Continued Growth
The Canadian economy, led by exports and a strong commodity cycle, performed well through 2010. Anchored by a stable banking sector, the Canadian economy out-performed most other economies in the developed world. GDP growth is expected to be 3% for 2010. But the overall economy faces headwinds going forward. In particular, a weak U.S. dollar has driven the Canadian dollar towards parity, slowing our trade with our largest trading partner. And an already slow recovery in the U.S. will keep a lid on Canadian growth prospects for 2011. The result is a slower growth of GDP, now forecast at 2.3% for 2011. More >