The global auto industry is going through a significant transformation towards electric vehicles but the path ahead will be turbulent, shaped by geopolitical tensions, slowing demand and regulatory uncertainties. In this episode, we speak to sector advisors Yao Lu and Maria Latorre to find out why Chinese carmakers are racing ahead, while European ones are lagging behind. SHOWNOTES: • Read the full report "Global auto outlook: Steering through turbulence": https://t1p.de/o9c4s • You can...

Whoever wins the US elections in November will have to contend with a changing economy. In this episode, we speak to Senior Economist Maxime Darmet and Lead Investment Strategist Jordi Basco Carrera about what a potential second Trump presidency could mean for growth, inflation, and capital markets, as well as trade, fiscal and industrial policies. SHOWNOTES: • Read the full report "Trumponomics - the sequel": https://t1p.de/vcfwh • You can also subscribe to the Ludonomics newsletter on...

After the high-speed and broad-based rebound in 2023, what's the outlook for business insolvencies in 2024? In this episode, we find out from Ano Kuhanathan, Head of Corporate Research, and Maxime Lemerle, Lead Analyst for Insolvency Research. SHOWNOTES: • Read the full report "Global Insolvency Outlook: Reality check": https://t1p.de/gzxnd • You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest research: https://ludovicsubran.substack.com/

As China's parliamentary meetings come to an end, what's the outlook for the economy in 2024 and beyond? In this episode, we speak to Senior Economist Francoise Huang about whether the ‘New Three’ industries of electric vehicles, batteries and solar energy products could become China's new drivers of growth. SHOWNOTES: • Read the full report "China: keeping the Dragon awake": https://t1p.de/bpmq2 • You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with...

In the 25 years since the foundation of the Euro, the economic gap between the US and Eurozone has almost tripled. What explains this widening gap and how can Europe regain its competitive edge? We find out in this episode with Senior Economists Bjorn Griesbach and Jasmin Groeschl from Allianz Research. SHOWNOTES: • Read the full report "Europe needs to step up its game: Lessons from the American playbook": https://t1p.de/51vwi • You can also subscribe to the Ludonomics newsletter on...

The trade-offs between affordability and insurability are becoming more difficult to solve? But are we heading towards an uninsurable future? In this episode, we find out from Arne Holzhausen, Jasmin Groeschl and Markus Zimmer from Allianz Research. SHOWNOTES: • Read the full report "Climate change trade-offs: what does it take to keep our world insurable?": https://t1p.de/rw23r • You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest...

The global construction sector is feeling the pressure from high interest rates. In this episode with Ano Kuhanathan, Head of Corporate Research, we learn about the outlook ahead. Read the full report: Global construction outlook: Liquidity cracks. You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest research. Global construction outlook: Liquidity...

The ongoing cost-of-living crisis has exacerbated social risk globally, and further widened the gap between advanced economies and emerging markets. In this episode, we speak to senior economist Manfred Stamer to learn more about the results of the latest Social Resilience Index. Read the full report: A bolt from the blue? Amplified social risk ahead. You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest research. A bolt from the blue?...

Promoting trade in environmental goods and low-carbon technologies can be a powerful tool to combat the climate crisis. But there can be no green trade without green shipping. In this episode, we speak to Senior Economist Jasmin Groshl and Sector Advisor Maria Latorre about how to greening global trade, one container at a time. Read the full report: Green global trade, one container at a time. You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our...

Advantages are running out and penalties looming for companies. In this episode, we speak to Maxime Lemerle, Lead Insolvency Analyst, about our latest Global Insolvency Outlook. Read the full report: Global Insolvency Outlook 2023-25: From maul to ruck? You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest research. Global Insolvency Outlook 2023-25: From maul to...

With a recession mostly avoided and inflation mostly circumscribed, what lies ahead for the global economy? In this episode with Ana Boata, Head of Economic Research, and Jordi Basco Carrera, Lead Investment Strategist, we find out more from the latest global economic outlook for 2023 to 2025. Read the full report: Global economic outlook 2023-25: The last hike? You can also subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest research. Global Economic...

2022 was an annus horribilis for savers as asset prices fell across the board in the "everything slump" scenario. In this episode with Arne Holzhausen, Head of Wealth, Insurance and Trend Research, we find out more from the results of the latest Allianz Wealth Report. Read the full report here: Allianz Global Wealth Report 2023: The next chapter.You can also [subscribe to the Ludonomics newsletter on Substack to stay up to date with all our latest research. Allianz Global Wealth Report...

The future will be powered by metals but fenced in with iron curtains. In the first episode of our new season, we look the importance of critical raw materials for the green transition, and what the creation of an Organization of Metal-Exporting Countries (i.e. an “OMEC”) could mean for the global economy. We are joined by Senior Economist Jasmin Groeschl and Ano Kuhanathan, Head of Corporate Research. Read the full report here: Critical raw materials – Is Europe ready to go back to the...

Is the ECB's "climate talk" having an effect on ESG bonds? In the last episode of this season, we speak to Andreas Jobst, Head of Macroeconomic and Capital Markets Research, and Senior Economist Roberta Fortes about their recent report on green monetary policy. Read the report: Toasted, roasted and grilled? Walking the talk on green monetary policy. To stay up to date with all our research, subscribe to the Ludonomics newsletter on Substack. Toasted, roasted and grilled? Walking the talk on...

How can we invest to reduce biodiversity loss? In this episode with Arne Holzhausen, Head of Wealth, Insurance and Trend Research, and Markus Zimmer, Senior Economist for ESG, we learn about how they calculate the cost of biodiversity loss and compare the measures to abate it in Europe. Read the reports: The new risk frontier in finance: biodiversity loss and Biodiversity loss part II: portfolio impacts and a quantitative case study on pollination abatement measures. To stay up to date with...

For the 2023 edition of the Allianz Trade Global Survey, we decided to check the pulse of nearly 3,000 exporters in seven countries: the US, the UK, Germany, France, Italy, Spain and Poland. We dive into the results in this episode with Ana Boata, Head of Economic Research at Allianz Trade, and Ano Kuhanathan, Head of Corporate Research. Read the full report: Allianz Trade Global Survey 2023: Testing resilience. To stay up to date with all our research, you can also subscribe to the...

Despite higher inflation – or perhaps precisely because of it – global insurance premiums are set to increase by 5.2% over the next decade, according to the latest Allianz Global Insurance Report. In this episode, we speak to Arne Holzhausen, Head of Insurance, Wealth and Trends Research, and Kathrin Stoffel, Expert in Wealth Markets, about the outlook for the insurance industry in a turbulent time of high inflation and low growth. Read the full report: Allianz Global Insurance Report 2023:...

How have European labor markets fared in the wake of the Covid-19 pandemic? In this episode with Senior Economist Maddalena Martini and Economist Patricia Pelayo Romero, we look at the impact on employment, wages and productivity, and what that means for policymakers. Read the full report: No quick wins: more jobs but little productivity in the Eurozone. To stay up to date with all our research, you can also subscribe to the Ludonomics newsletter on Substack.

The Allianz Global Pension report analyzes pension systems in 75 countries to identify which ones are best prepared for demographic change. In this episode with Arne Holzhausen, Head of Insurance, Wealth and Trend Research, and Senior Economist Michaela Grimm, we find out more about the results, and what they mean for policymakers. Read the full report: Reforming against demographic change. To stay up to date with all our research, you can also subscribe to the Ludonomics newsletter on Substack.

The rebound in business insolvencies is picking up speed. In this episode, we speak to Maxime Lemerle, Lead Insolvency Analyst at Allianz Trade, to understand the outlook for business insolvencies in 2023-2024. Read the full report: Insolvency report: No rest for the leveraged. To stay up to date with all our research, you can also subscribe to the Ludonomics newsletter on Substack.

Households in the US and Europe built up a sizable amount of excess savings during the pandemic. But this cash cushion is losing its fluff. In this episode, we speak to Maxime Darmet, Senior Economist at Allianz Trade, and Patricia Pelayo Romero, Economist at Allianz, to find out what dwindling savings and the wealth effect mean for economic growth. Read the reports: • "Falling off a savings cliff?": https://t1p.de/lu31f • "Consumption: What's (wealth) got to do with it?":...

Over the last decades, and especially since the global financial crisis, structural factors have held down inflation. But now that trend is reversing. In this episode, we learn about the "five Ds" of structurally higher inflation - demographics, decarbonization, deglobalization, digitalization and debt - with Andreas Jobst, Head of Macroeconomic and Capital Markets Research at Allianz, and Ano Kuhanathan, Head of Corporate Research at Allianz Trade. • Read the full report "The 'five Ds'...

It has now been a year since Russia attacked Ukraine, sending shockwaves throughout the global economy. In this episode, Allianz Chief Economist Ludovic Subran and Eric Barthalon, Head of Capital Markets Research, explain how war economics is playing out in Russia and Ukraine, and its consequences for the rest of the world. Read the full reports: • "The economics of war, (and its aftermath): https://t1p.de/2a960 • "Do we need more inflation to get more corporate investment?":...

Given the rapid rise in debt ratios during the pandemic and the current energy crisis, it's clear that the EU fiscal framework is in need of reform. In this episode, we dive into what the European Commission has proposed change about its fiscal rules, and what that could mean for public debt, with Andreas Jobst, Head of Macroeconomic and Capital Markets Research, and Maddalena Martini, Economist for Italy and Greece. • Read the full report "EU fiscal rules: Quo vadis?":...