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Global Outlook: Policy shifts to expect under a Biden presidency

In The Economist Intelligence Unit’s latest global outlook video, Agathe Demarais, Cailin Birch and Fei Xue discuss our latest forecasts for Japan and the policy priorities of the Biden administration.

A rise in the consumption tax meant that Japan was already in a recession before the coronavirus pandemic started. As a result, we expect the country’s economic recovery to be one of the slowest in the world, and stretch until 2025. Fei Xue, The EIU’s analyst for Japan, takes a closer look at the country’s economic and political outlook under the stewardship of prime minister Suga Yoshihide.

Shifting to the US, president-elect Joe Biden is still putting together his policy team. From tackling Covid-19 to containing China’s global economic rise, The EIU’s global economist, Cailin Birch, discusses the key policy shifts to keep an eye on under the new administration.

To find out more about the political, policy and economic outlook in these countries, check out our country analysis and five-year forecasts. With detailed reports available for more than 190 countries around the world, our insights provide truly global coverage to help you to prepare for what’s ahead.


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