Editor's Note: In collaboration with the Financial Times (FT), Eswar Prasad and Karim Foda of Brookings have developed a set of composite indexes which track the global economic recovery. The Financial Times has produced the Tracking Indexes for the Global Economic Recovery (TIGER) interactive map, which appears on the FT Web site.
The world economy is showing scattered signs of vigor but remains on life support.
The April 2012 Brookings Institution-FT Tracking Indices for the Global Economic Recovery (TIGER) reveals some positive signs, but also much to worry about as the world economy continues to meander with no clear sense of direction. The global economic recovery is still struggling due to a lack of robust demand and policy tools that are stretched to their limits and unable to muster much traction.
The updated interactive map below displays how fast individual G-20 economies are faring in global economic recovery. Underneath the map, links to updated key indicators display how fast those indicators are recovering for advanced economies, emerging markets and a composite total.
Click on an individual country in the map to view charts for the main TIGER indexes for that country and charts for the indicators that make up the indexes, which are broken down by real activity, financial and confidence indicators.
As well as tracking country performance, the TIGER indexes also track the performance of key indicators across groups of advanced economies, emerging markets and a composite total. Click on the following links to view the updated charts for the following key indicators:
For detailed information on the composition and construction of the indexes and a comprehensive description of the data and source information, please refer to the updated technical appendix.
Read the full analysis and commentary: Another False Dawn or Reason for Optimism?