Finance professionals are predicting a slow recovery of the global economy, according to new research published yesterday by the Association of Chartered Certified Accountants (action), the first increase in global economic conditions.The findings suggest that confidence is lost in sectors and countries, when the engine of global growth and result in a reduction of demand and the credit provider may be caused more damage to the banking industry's new found aversion to risk, operational statement.Despite said at present, accounting in emerging markets and developing countries hope the return of the global economy early in African countries like Botswana, the Zambia, the Ghana and Kenya in the wider survey.
One respondent, a director of the North America Global Human Resources consultancy, says: "The government can be a catalyst, but companies should act."
"There are a number of responses for an overall decrease, showing that the company opens new opportunities for innovation, new business models and investment in future profitability. It is here that politicians are: companies need to support policy - government and for this to happen, "said Tay Kay Luan, regional director of Action of ASEAN and Australasia.
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