The three countries that cover almost 90 percent of North America – the United States, Canada and Mexico – are economically very closely intertwined. The U.S. has the dominant position. It is the world’s largest economy and strongest military power. Shielded by oceans to the east and west, it projects influence globally. The continent is so rich in natural resources that it is practically self-sufficient.
Reports on North America See all →
Post-Covid recovery is not the main challenge ahead
The statistics describing the condition of the world economy three months after the lockdowns seem reassuring: We have not had a V-shaped recovery but GDP growth in the second part of 2020 appears to be firming up and predictions for 2021 are optimistic. However, trouble is brewing in labor markets.