Page 68 - Steel Tech India eMagazine Volume October 2021
P. 68

92/     Ć 12    Ć 2FWREHU

             XVH VWLOO VWDQGV DW D SRVLWLYH       RYHUDOO VWHHO GHPDQG   WKH  FRQVWUXFWLRQ  VHFWRU  LV  H[SHFWHG  WR  FRQWLQXH  WR
             LV H[SHFWHG WR GHFOLQH E\       LQ                  JURZ DIWHU VKRZLQJ UHODWLYHO\ KLJK JURZWK SHUIRUPDQFH
             1R JURZWK LQ VWHHO GHPDQG LV H[SHFWHG LQ       ZLWK   WKURXJKRXW WKH SDQGHPLF
             WKH  UHDO  HVWDWH  VHFWRU  UHPDLQLQJ  GHSUHVVHG  LQ  OLQH   Italy, RQH RI WKH KDUGHVW KLW E\ WKH SDQGHPLF LQ WKH (8
             ZLWK WKH JRYHUQPHQW SROLF\ VWDQFH RQ UHEDODQFLQJ DQG   LV UHFRYHULQJ IDVWHU WKDQ RWKHU (8 FRXQWULHV  ZLWK VWURQJ
             HQYLURQPHQWDO  SURWHFWLRQ   6RPH  UHVWRFNLQJ  DFWLYLWLHV   UHFRYHU\ LQ FRQVWUXFWLRQ  6HYHUDO VWHHO XVLQJ VHFWRUV
             PLJKW VXSSRUW DSSDUHQW VWHHO XVH  5HFHQW JRYHUQPHQW   LQFOXGLQJ  FRQVWUXFWLRQ  DQG  GRPHVWLF  DSSOLDQFHV   DUH
             DFWLRQ WR SXVK IRU D WUDQVLWLRQ DZD\ IURP WKH UHDO HVWDWH   H[SHFWHG WR UHFRYHU WR D SUH &29,' OHYHO LQ
             GHSHQGHQW JURZWK PRGHO LV OLNHO\ WR FRQWLQXH        ,Q developed Asia, WKH &29,' VLWXDWLRQ ZRUVHQHG LQ
             Developed economies                                        H[DFHUEDWHG  E\  VORZHU  YDFFLQDWLRQ  SURJUHVV

             0RUH  WDUJHWHG  DQG  ORFDOLVHG  ORFNGRZQV  KHOSHG  WR   EXW  VWHHO  GHPDQG  UHFRYHU\  ZDV  QRW  LQWHUUXSWHG  DQG
             PLQLPLVH  WKH  LPSDFW  RI  WKH  ODWHVW  LQIHFWLRQ  ZDYHV  RQ   WKH IRUHFDVW KDV EHHQ UHYLVHG XS  KHOSHG E\ WKH VWURQJ
             HFRQRPLF  DFWLYLWLHV  LQ         +RZHYHU   VXSSO\  FKDLQ   UHERXQG LQ JOREDO WUDGH DQG JRYHUQPHQW LQIUDVWUXFWXUH
             ERWWOHQHFNV DQG WKH VHUYLFHV VHFWRU VWLOO ODJJLQJ EHKLQG   SURJUDPPHV
             DUH SUHYHQWLQJ D PRUH UREXVW UHFRYHU\               ,Q  Japan   VWHHO  GHPDQG  LV  UHFRYHULQJ  JUDGXDOO\  ZLWK
             $  UHGXFWLRQ  LQ  VXSSO\  FKDLQ  ERWWOHQHFNV   FRQWLQXHG   LQFUHDVLQJ  H[SRUWV   LQYHVWPHQW  DQG  FRQVXPSWLRQ
             SHQW XS  GHPDQG  DQG  ULVLQJ  EXVLQHVV  DQG  FRQVXPHU   0DQXIDFWXULQJ   HVSHFLDOO\  DXWRPRWLYH  DQG  PDFKLQHU\
             FRQILGHQFH  ZLOO VWUHQJWKHQ WKH UHFRYHU\ PRPHQWXP LQ   LV  OHDGLQJ  WKH  UHFRYHU\   &LYLO  FRQVWUXFWLRQ  FRQWLQXHV
                                                                 WR  XQGHUSLQ  VWHHO  GHPDQG   ZKLOH  SULYDWH  FRQVWUXFWLRQ
                                                                 UHPDLQV VXEGXHG  ZLWK WKH H[FHSWLRQ RI ZDUHKRXVHV DQG
             $IWHU  IDOOLQJ  E\          LQ         VWHHO  GHPDQG  ZLOO
                                                                 GLVWULEXWLRQ FHQWUHV  ,Q       UHFRYHULHV LQ FRQVXPSWLRQ
             LQFUHDVH E\       LQ      DQG      LQ       UHDFKLQJ
                                                                 DQG LQYHVWPHQW DUH H[SHFWHG WR VXSSRUW SRVLWLYH JURZWK
             LWV SUH SDQGHPLF OHYHO
                                                                 LQ DOO VWHHO XVLQJ VHFWRUV
             ,Q WKH 86  WKH HFRQRP\ FRQWLQXHV LWV UREXVW UHFRYHU\
                                                                 South Korea  LV  H[SHFWHG  WR  VHH  LWV  VWHHO  GHPDQG
             GULYHQ  E\  SHQW XS  GHPDQG  DQG  D  YLJRURXV  SROLF\
                                                                 UHFRYHULQJ  WR  WKH        OHYHO  LQ         VXSSRUWHG  E\
             UHVSRQVH  7KH OHYHO RI UHDO *'3 H[FHHGHG LWV SUHYLRXV
                                                                 LPSURYLQJ  H[SRUWV  DQG  LQYHVWPHQW  LQ  PDQXIDFWXULQJ
             KLJK LQ WKH VHFRQG TXDUWHU RI WKLV \HDU
                                                                 IDFLOLWLHV  7KH FRQVWUXFWLRQ VHFWRU ZLOO EH VXSSRUWHG E\
             6WHHO GHPDQG ZDV DLGHG E\ WKH VWURQJ SHUIRUPDQFH RI
                                                                 SXEOLF  FLYLO  HQJLQHHULQJ  SURJUDPPHV  DQG  UHVLGHQWLDO
             WKH DXWRPRWLYH DQG GXUDEOH JRRGV VHFWRUV  EXW VKRUWDJH
                                                                 FRQVWUXFWLRQ  UHFRYHU\   VZLWFKLQJ  WR  SRVLWLYH  JURZWK  LQ
             RI VRPH FRPSRQHQWV LV XQGHUPLQLQJ WKLV UHFRYHU\  7KH
                                                                           6RXWK  .RUHD  VDZ  D  MXPS  LQ  QHZ  VKLSSLQJ
             PRPHQWXP  LQ  WKH  FRQVWUXFWLRQ  VHFWRU  LV  ZHDNHQLQJ
                                                                 RUGHUV LQ       ZKLFK ZLOO ERRVW .RUHD¶V VWHHO GHPDQG
             ZLWK  WKH  HQG  RI  D  UHVLGHQWLDO  FRQVWUXFWLRQ  ERRP  DQG
                                                                 IRU WKH FRPLQJ \HDUV
             VOXJJLVK QRQ UHVLGHQWLDO VHFWRU DFWLYLWLHV  7KH UHFRYHU\
                                                                 Developing economies excluding China
             LQ RLO SULFHV LV VXSSRUWLQJ D UHFRYHU\ LQ HQHUJ\ VHFWRU
             LQYHVWPHQW                                          6WHHO GHPDQG LQ WKH GHYHORSLQJ HFRQRPLHV H[FOXGLQJ
                                                                 &KLQD  FRQWLQXHG  WR  UHFRYHU  LQ         DLGHG  E\  WKH
             7KHUH  FRXOG  EH  PRUH  XSVLGH  SRWHQWLDO  LI  3UHVLGHQW
                                                                 UHFRYHU\ LQ FRPPRGLW\ SULFHV DQG LQWHUQDWLRQDO WUDGH
             %LGHQ¶V LQIUDVWUXFWXUH VWLPXOXV SURJUDPPH LV HQDFWHG
                                                                 +RZHYHU   QHZ  &29,'  ZDYHV  FRPELQHG  ZLWK  ORZ
             EXW WKLV ZRXOG QRW IHHG WKURXJK XQWLO ODWH
                                                                 YDFFLQDWLRQ OHYHOV DQG D VORZ UHFRYHU\ LQ LQWHUQDWLRQDO
             ,Q WKH (8  WKH UHFRYHU\ LQ VWHHO GHPDQG WKDW VWDUWHG LQ
                                                                 WRXULVP UHVWUDLQHG GHYHORSLQJ HFRQRPLHV  ,Q       DV
             WKH VHFRQG KDOI RI      LV JDWKHULQJ SDFH  ZLWK DOO VWHHO
                                                                 YDFFLQDWLRQV  SURJUHVV   FRQGLWLRQV  LQ  WKH  GHYHORSLQJ
             XVLQJ  VHFWRUV  H[KLELWLQJ  D  SRVLWLYH  UHFRYHU\  GHVSLWH
                                                                 HFRQRPLHV DUH H[SHFWHG WR LPSURYH  EXW WKH SDQGHPLF
             FRQWLQXLQJ ZDYHV RI LQIHFWLRQ
                                                                 ZLOO OHDYH D ODVWLQJ LPSDFW RQ WKHVH HFRQRPLHV WKURXJK
             Germany’s  VWHHO  GHPDQG  UHFRYHU\  LV  VXSSRUWHG   ZHDNHQHG  ILQDQFLDO  SRVLWLRQV  DQG  DFFXPXODWHG
             E\  H[SRUWV   ZKLFK  XQGHUOLH  LWV  VWURQJ  PDQXIDFWXULQJ   VWUXFWXUDO FKDOOHQJHV
             SHUIRUPDQFH  +RZHYHU  VXSSO\ ERWWOHQHFNV  SDUWLFXODUO\
                                                                 :KLOH  RQ  WUDFN  WR  D  KHDOWK\  UHFRYHU\  IURP  WKH  VWULFW
             LQ  WKH  DXWRPRWLYH  VHFWRU   DUH  FDXVLQJ  D  ORVV  RI
                                                                 ORFNGRZQ LQ       ,QGLD¶V HFRQRP\ JRW DQRWKHU VKRFN
             PRPHQWXP  6WHHO GHPDQG LQ      ZLOO EHQHILW IURP D
                                                                 IURP D PRUH VHYHUH VHFRQG ZDYH LQ $SULO -XQH
             KLJK  RUGHU  EDFNORJ  LQ  WKH  PDQXIDFWXULQJ  VHFWRU  ZKLOH
                                                                                                    STEEL TECH
   63   64   65   66   67   68   69   70   71   72   73