Editor's note.
| Author | Holmes, Lawrie |
The global economy appears to be at a crossroads, with the US cranking into life while the eurozone is locked in frantic efforts to solve the sovereign debt crisis. What happens to the fortunes of the world's economies is likely to be shaped by a variety of factors, including the price of oil. Our graphic on page 14 illustrates the complex relationship between the world's biggest users and suppliers, and the vulnerability of the largest economies to a new oil price spike.
Given the continued threats to worldwide economies, our article on page 32 asks CIMA members in five private-sector industries to give their advice for those running public finances around the world. At a corporate level, Stephen McCall, the UK managing director of InterContinental Hotels Group, offers insight into how the company is...
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