Editor’s Note: In collaboration with the Financial Times (FT), Eswar Prasad, Karim Foda and Arnav Sahu 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 Financial Times Web site.
A stop and go global recovery seems at risk of stalling again, with only isolated pockets of strength evident in the world economy. A modest reversal of fortunes between the advanced and emerging market economies belies the fact that both groups still face stunted growth prospects.
The latest Brookings-FT TIGER index has expanded its coverage to now include indicators on retail sales for consumer spending, the VIX measure of financial market volatility, and capacity utilization and manufacturing orders in the industrial sector. Overall, TIGER reveals a somber picture for the global economy, characterized by stagnant low growth, risks of deflation, and weak consumer and business confidence.
Click on a country below to view charts for the main TIGER indexes by 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:
|Real Activity Indicators||Financial Indicators||Confidence 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: A Stop and Go Recovery is in Danger of Another Stall »