Global economic confidence remained relatively high at the end of 2017 despite a slight dip from the previous quarter, with an improved economic outlook in the US and South Asia off-setting a more cautious mood in China.
According to the latest Global Economic Conditions Survey (GECS), produced by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants), economic confidence remains high relative to the last couple of years and should continue into 2018.
Narayanan Vaidyanathan, Head of Business Insights at ACCA says,