The Global Real Economy is a new bi-annual e-publication, which includes economic and other business insights to reflect the RSM network’s global reach and its ability to provide world-class audit, tax and consulting services to leaders of entrepreneurial, growth-focused companies around the world.
By most measures, emerging markets have outperformed developed economies since the Great Recession. Between 2010-14, emerging/developing economies posted averaged annual real GDP growth of 5.8 percent versus 1.8 percent in the advanced industrialised countries.
In June 2015 the U.S. Congress granted fast track authority to President Barack Obama, clearing the way for final negotiations of the Transpacific Partnership (TPP). The completion of the 12-member TPP would create a mega-regional zone representing 40 percent of global GDP and 26 percent of world trade.