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Victoire de Groote, Mitigram Macroeconomist Adviser and Global Head of Country Risk at HSBC offers an analysis of the recovery possible scenario, evaluating monetary policies, geopolitical tensions, and other elements.



Talking points:

  • 0:23 - Short term indicators point to a strong recovery and only temporary headwinds
  • 0:55 - Inflation is temporary considering that
  • 2:10 - Monetary policies
  • 3:33 - Strong recovery... but already stabilizing
  • 5:20 - Structural factors are not positive
  • 6:45 - Geopolitical tensions
  • 10:09 - China slowdown
  • 12:12 - What to expect for trade: Recovery has varied per region and still depends on the pandemic
  • 12:50 - Asia is a major driver in 2021, commodity exporters will catch up in 2022 but it will not offset the global slowdown
  • 13:29 - Most sectors recovered except textile but growth is slowing down
  • 14:02 - Conclusion

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