Majority of CEOs Say Global Economy to Remain Stalled in 2013. Fiscal deficits, over-regulation and the economy top concerns in PwC's 16th Annual Global CEO survey.
2013 will be the year when we start to see how the world economy will look for the rest of the century. It will be the year when businesses recognise beyond any doubt that global growth and commodity prices are now driven primarily by developments in China and India, not the US and Europe. In the first issue of Global Economy Watch for 2013, we set out the themes we believe will dominate the global economic outlook this year and how this will impact the wider business agenda.
A new report from the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and medium businesses to pay taxes.