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The Valenciaport Chair of Port Economics has published its third quarterly report on the 2024 international economic situation.
The Valenciaport Chair of Port Economics of the Universitat de València (UV) and the Port Authority of Valencia (APV) has published its latest International Economic Situation Report (July 2024). This comprehensive document presents a detailed analysis of global economic trends and prospects.
The July 2024 report provides a detailed analysis of the impact of electoral processes on the world’s major economies, with a particular focus on the forthcoming US presidential elections.
A notable trend is the adoption of protectionist industrial policies by newly elected governments and candidates, which could result in the fragmentation of globalisation and a deceleration of global growth and trade. This is particularly pertinent at a time when a moderate recovery in international trade is anticipated.
Furthermore, the report analyses the challenges faced by Western central banks in controlling inflation, with a particular focus on the case of Turkey. It also examines the economic situation in the UK and other countries where there has been a decline in GDP per capita since 2019.
In addition, the report provides updates to the international reference prices, reviews the implementation of monetary easing in the West and assesses the performance of international commodity and current markets. Another crucial aspect is the impact of protectionism on Spanish exports over the past two decades.
This ninth report by the Valenciaport Chair of Port Economics offers a comprehensive analysis of the economic factors that will shape the course of the turbulent year 2024.
Download the full report for more details on current economic trends.
