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 also publishes the Tracking Indexes for the Global Economic Recovery (TIGER), which appears on the Financial Times website.
The global economic recovery now looks like it’s for real. The advanced economies are settling to a reasonable growth path and the fast-growing emerging market economies such as China and India have gotten through a rocky period. The calm on the surface, however, is belied by swirling undercurrents of political and policy uncertainty. The latest update to the Brookings-FT TIGER index shows that, after numerous fits and false starts, the recovery has become broad-based and stable, even if not vigorous.
Click on a country in the map below (after the composite TIGER index for the country appears) to view additional charts for the country’s real activity, financial, and confidence indices, and for the indicators that make up these indices.
As well as tracking country performance, the TIGER indexes also track the performance of key indicators across groups of advanced economies, emerging markets and an aggregate 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: This Recovery is for Real, But Can it Last? »