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 Web site.
The world economy is sliding back into the low growth morass it has been stuck in for some time. A strong adverse feedback loop has set in with low growth, fragile business and consumer confidence, financial system stresses, trade tensions, and political instability feeding into and reinforcing each other.
The latest update of the Brookings-FT Tiger index presents a picture of general despondency in the global economy that more than offsets isolated signs of strength in some economic indicators in a few countries. Click a country name below the Overall Growth Index 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:
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: Global Economy Remains Mired in Swamp of Low Growth »