It further said “nevertheless, it still stands out for its robust growth and monetary and fiscal reforms”.
As per the findings, the changeability of markets, exacerbated by currency volatility, has caused CEOs to turn to a greater mix of countries. This year’s study shows that the US, Germany and the UK have become bigger priorities while willingness to invest in Brazil, India, Russia and Argentina has lessened from three years ago.
CEOs around the world feel they have plenty to worry about in the year ahead. Their confidence in companies’ growth prospects and outlook for the global economy are back on the rise.
Globally, 38 per cent of CEOs are very confident about their companies’ growth prospects in the next 12 months while 29 per cent believe that global economic growth will pick up in 2017.
