﻿<?xml version="1.0" encoding="utf-8"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>Subscribe to the Latest Blog Posts related to MSI's Global Feelgood Index</title><link>http://www.msiglobal.org/blog/global-feelgood-index/</link><description>The latest news and analysis resulting from MSI's Global Feelgood Index, a survey of businesses in over 100 countries. The Index covers seven key areas of business with answers collated and then weighted to reflect the size of the different economies in the responding countries, before being analysed by Joe Nellis, Professor of International Management Economics at Cranfield School of Management, one of the UK’s leading Business Schools</description><language>en-UK</language><copyright>? Copyright 2012 MSI Global</copyright><generator>MSI RSS Generator</generator><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/feelgood-index-report-september-2012/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/feelgood-index-report-september-2012/</link><category>feelgood</category><title>MSI Global Feelgood Index Reveals Faltering Business Confidence and Shows Economic Crisis is Far from Over </title><description>Research into business confidence worldwide from the leading international association of professional services firms MSI Global Alliance, shows that the developed economies’ financial woes continue to cast a shadow over the rest of the world as it attempts to emerge from the financial crisis. 
The</description><pubDate>Wed, 05 Sep 2012 00:00:00 +0100</pubDate><a10:updated>2012-09-05T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ Research into business confidence worldwide from the leading international association of professional services firms MSI Global Alliance, shows that the developed economies’ financial woes continue to cast a shadow over the rest of the world as it attempts to emerge from the financial crisis. 
The MSI Global Feelgood Index, which uses weighted averages of seven key business performance indicators, shows a slight fall in global confidence from +0.16 to +0.06, pointing to the continued uncertainty facing the world’s economy.   
“It is becoming increasingly clear that the global crisis is far from over and there remain considerable threats to recovery - a ‘Lost Decade’ is becoming a reality for many countries and regions,” warned Joe Nellis, Professor of International Management Economics at Cranfield School of Management. 
Nellis adds: “The global economy has failed to capitalise on the improvement in market sentiment that began to materialise in early 2012.” 
Western Europe
Despite businesses in Western Europe reporting slightly improved levels of confidence in the last quarter (rising from -0.06 to +0.02), Professor Nellis argues that many quarters of negative sentiment have simply lead to a growing acceptance of the tough conditions that lie ahead:
“Tensions continue to mount in the Eurozone area as some countries (particularly Greece) struggle to get to grips with their government debt crises. Double-dip recessions are now looming across the zone.” Outside of the Eurozone, the UK now finds itself back in recession with the level of GDP still well below that reported in 2007 at the start of the Global Financial Crisis. 
North America
Confidence in North America also fell back (+0.24 to +0.04), with the U.S. economy unable to bounce back.
Nellis comments: “The slowdown in economic growth in the advanced economies has, not surprisingly, had negative consequences for many emerging markets, although growth in these countries is still strong compared to many other parts of the world.”
Rest of the World
The biggest fall occurred in the Indian region – a swing from +0.23 in the previous quarter to -0.29 in the current quarter. Other significant but smaller falls were reported in Southern Africa (+0.16 to -0.11), Latin America (+0.18 to -0.03) and Eastern Europe (+0.18 to +0.11). In contrast, confidence in the Australia and New Zealand region rose encouragingly in the last quarter from -0.01 to +0.21. There has been little change in confidence levels in Eastern Asia and across the Middle East &amp; North Africa region.
Nellis concludes: “Global GDP growth could turn out to be as low as 2.5 per cent for the year as a whole. A return to trend growth may be delayed until 2015 and will be critically dependent upon events in the Eurozone as well as developments in the USA after the Presidential election.”
Note to Editors
Each quarter, the MSI Global Feelgood Index surveys business owners and managers in over 100 countries on their levels of optimism regarding seven key areas of business: sales pipeline, profit margins, cash flow, spending on investment capital, staff numbers, spending on marketing and advertising, and spending on staff training and welfare.
From the period 9 July – 21 August 2012, participants were asked to state their level of optimism or pessimism for each of the seven key areas of business. The responses were then collated and weighted to reflect the size of the different economies in the responding countries, before being analysed by Joe Nellis, Professor of International Management Economics at Cranfield School of Management, a leading international business school based in the UK.
The full research report with global and regional breakdowns and additional comments from Professor Joe Nellis are available on our website at www.msiglobal.org  or can be requested by email from MSI’s marketing team  (marketing@msiglobal.org).]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/is-business-confidence-in-latin-america-getting-the-jitters/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/is-business-confidence-in-latin-america-getting-the-jitters/</link><category>feelgood</category><title>Is Business Confidence in Latin America Getting the Jitters?</title><description>The latest figures from the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, show that Latin America is feeling slightly less confident about its economic prospects than just three months ago.
While still in the positive (+0.18), overall confidence among business</description><pubDate>Wed, 06 Jun 2012 00:00:00 +0100</pubDate><a10:updated>2012-06-06T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ The latest figures from the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, show that Latin America is feeling slightly less confident about its economic prospects than just three months ago.
While still in the positive (+0.18), overall confidence among business owners and managers fell from +0.22. Confidence is particularly shaky with regards to the prospects for future sales (the 'pipeline', down from +0.37 to +0.22) and for spending on capital investments (down from +0.26 to +0.06).
There is however cause for optimism in the propects for profit margins (up from -0.10 to +0.04) and cashflow (up from -0.10 to +0.11).
Use this infographic on your own website
To use the infographic below on your own website (it will update dynamicallly every quarter), just click Share and copy the embed code. It can then be added to your web page or blog. Here is a short video showing you how to do this.
Infographic: Levels of Business Confidence in the Latin America region (May 2012)

 ]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/business-confidence-rising-dramatically-in-eastern-asia/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/business-confidence-rising-dramatically-in-eastern-asia/</link><category>feelgood</category><category>east asia</category><title>Business Confidence Rising Dramatically in Eastern Asia</title><description>The latest quarterly findings of the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, show that business owners and managers in the Eastern Asia region are feeling much more bouyant about the economic prospects and the future performance of their businesses</description><pubDate>Fri, 01 Jun 2012 00:00:00 +0100</pubDate><a10:updated>2012-06-01T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ The latest quarterly findings of the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, show that business owners and managers in the Eastern Asia region are feeling much more bouyant about the economic prospects and the future performance of their businesses in their region.
The survey shows that business confidence in Eastern Asia rose dramatically from -0.05 to +0.24 in the three months from February to May 2012. This was the largest increase of any world region.
All but one of the performance indicators show a noticeable change upwards, with a particularly upbeat mood prevailing around the prospects for hiring staff (now at +0.51), spending on staff welfare and training (now at +0.48) and the sales pipeline (now at +0.44). 
There remains however negative feeling around cashflow with a score of -0.20 showing the problems that remain in this area.
Use this infographic on your own website
To use the infographic below on your own website (it will update dynamicallly every quarter), just click Share and copy the embed code. It can then be added to your web page or blog. Here is a short video showing you how to do this.
Infographic: Levels of Business Confidence in the Eastern Asia region (May 2012)
]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/anz-region-business-confidence-may-2012/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/anz-region-business-confidence-may-2012/</link><category>Australia</category><category>feelgood</category><category>anz</category><category>New Zealand</category><title>Business Confidence Survey Shows Australia &amp; New Zealand Region is Feeling More Optimistic about the Economy</title><description>The latest findings of the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, shows that Australia and New Zealand is edging towards a more positive outlook.
As the infographic below shows, since the February survey, the region has moved closer to positive territory,</description><pubDate>Mon, 28 May 2012 00:00:00 +0100</pubDate><a10:updated>2012-05-28T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ The latest findings of the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, shows that Australia and New Zealand is edging towards a more positive outlook.
As the infographic below shows, since the February survey, the region has moved closer to positive territory, though it remains in an overall negative position (-0.01) and is feeling more gloomy than the world average (+0.16), but certainly not as pessimistic as Western Europe (-0.06). Back in February the comparative figure for the ANZ region was -0.03.
There is a slight increase in confidence around the prospects for spending on marketing and advertising (up to +0.15), on staff welfare and training (up to +0.02) and on staff numbers (up to +0.01). There was also a small increases in the level of confidence around cashflow (up to -0.02) though problems clearly persist in that area.
Use this infographic on your own website
To use the infographic below on your own website (it will update dynamicallly every quarter), just click Share and copy the embed code. It can then be added to your web page or blog. Here is a short video showing you how to do this.
Infographic: Levels of Business Confidence in the ANZ region (May 2012)

 ]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/western-europe-business-confidence-may-2012/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/western-europe-business-confidence-may-2012/</link><category>feelgood</category><title>Business Confidence Sinks Further in Western Europe</title><description>The latest findings of the MSI Global Feelgood Index business confidence survey paint a sorry picture of Western Europe in general.
The overall balance of confidence in the region fell from -0.04 to -0.06, with Professor Joe Nellis of Cranfield School of Management commenting on the survey results that</description><pubDate>Fri, 25 May 2012 00:00:00 +0100</pubDate><a10:updated>2012-05-25T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ The latest findings of the MSI Global Feelgood Index business confidence survey paint a sorry picture of Western Europe in general.
The overall balance of confidence in the region fell from -0.04 to -0.06, with Professor Joe Nellis of Cranfield School of Management commenting on the survey results that the Eurozone region is "..plagued by a sovereign debt crisis and a banking sector that continues to deleverage.” 
As shown in the infographic below, confidence in cashflow took the biggest nosedive going from from -0.01 to -0.2. Confidence in profit margins (-0.17 to -0.27) and spending on marketing and advertising was also noticeably down.
The uncertainty over Greece and various economies on the brink of double dip recessions is adding to the gloom hanging over Western Europe, but Nellis feels the situation should start to ease gradually from mid-2012 onwards.
To use the infographic below on your own website (it will update dynamicallly every quarter), just click Share and copy the embed code. It can then be added to your web page or blog. Here is a short video showing you how to do this.
A short video is also available that provides the views of MSI's European members on the prospects for their economies in the next three months.
Infographic: Levels of Business Confidence in Western Europe (May 2012)

 ]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/msi-global-feelgood-index-may-2012/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/msi-global-feelgood-index-may-2012/</link><category>feelgood</category><title>MSI Global Feelgood Index Reveals Light at End of Tunnel for World Economy as U.S. Economic Outlook Improves</title><description>MSI Global Alliance’s May 2012 quarterly business confidence survey shows that while the Eurozone continues to languish, the U.S. economic recovery continues. But although the balance of global confidence is rising steadily, the need for caution remains.  
Research into business confidence worldwide</description><pubDate>Wed, 23 May 2012 00:00:00 +0100</pubDate><a10:updated>2012-05-23T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ MSI Global Alliance’s May 2012 quarterly business confidence survey shows that while the Eurozone continues to languish, the U.S. economic recovery continues. But although the balance of global confidence is rising steadily, the need for caution remains.  
Research into business confidence worldwide from the leading international association of professional services firms MSI Global Alliance shows that economic prospects are beginning to look brighter for some regions, but certainly not all. 
“Finally there is a hint of light at the end of the tunnel -economic activity has picked up noticeably in recent months in the USA, pulling along with it a number of its major trading partners,” commented Joe Nellis, Professor of International Management Economics at Cranfield School of Management. 
The same can however not be said for the Eurozone area, which according to Nellis, ” […] is still plagued by a sovereign debt crisis and a banking sector that continues to deleverage.”  Nellis adds:  “Fiscal austerity measures are also putting downward pressure on domestic demand  in many areas. Several EU countries are now, officially, in a (mild) double-dip recession. This situation, however, should start to ease gradually from mid-2012 onwards.” 
Infographic 1

The MSI Global Feelgood Index, which uses weighted averages of seven key business performance indicators, indicates that the balance of confidence at the global level still remains delicately balanced, but is in gradually improving, positive territory (+0.16). The comparative figure was+0.10in February 2012. 
North AmericaThe North American Region experienced a further small improvement in business confidence, in line with the more optimistic economic outlook being reported by many organisations, with the region’s Feelgood Index rising from+0.22to+0.24. There is particular optimism around the prospects for new sales.
Western EuropeThe balance of confidence has fallen yet again across Western Europe as a whole and now stands at-0.06compared to-0.04three months ago. Confidence in profit margins has sunk further in the last three months from -0.17to-0.27.  Professor Nellis comments: “The situation in Western Europe is likely to be fragile for several months while economic uncertainty hangs over a number of countries.”
Rest of the WorldThe survey shows the most noticeable upswing in confidence over the last three months occurred in Eastern Asia (a change from-0.05to+0.24) and in the Indian Region (up from-0.01to+0.23), with businesses feeling distinctly more upbeat due to the improving economic conditions. Southern Africa also reported a marked improvement in confidence over the same period, up from+0.04three months ago to+0.15this quarter.  However, the balance of confidence in the Middle East &amp; North Africa Region has now moved into negative territory(-0.01)for the first time since the launch of the MSI Global Alliance Feelgood Index, falling from a figure of+0.07in the last quarter.Over the last three months, businesses in the Australia &amp; New Zealand region have become marginally more optimistic about their prospects, with the Feelgood Index for the region rising to-0.01(from-0.03in the last quarter), moving the region slightly closer to a more positive position.Nellis concludes: “According to the latest forecast from the IMF, the advanced economies are expected to grow by only around 1.5% in 2012 with momentum picking up in 2013. On the other hand, the emerging markets and developing nations will continue to forge ahead in 2012 – the IMF is expecting them to grow by at least 6% this year with India and China doing particularly well.  The findings of MSI’s latest Global Feelgood Index mirror these forecasts and show that for the most part, developed nations will continue to lag far behind developing countries in terms of growth as they struggle for confidence in continuing difficult conditions.”
A video showing the views of MSI's European members on the business sentiment in their countries is also now available.
Infographic 2

Note to EditorsEach quarter, the MSI Global Feelgood Index surveys business owners and managers in over 100 countries on their levels of optimism regarding seven key areas of business: sales pipeline, profit margins, cash flow, spending on investment capital, staff numbers, spending on marketing and advertising, and spending on staff training and welfare. 
From the period 10 -30 April 2012, participants were asked to state their level of optimism or pessimism for each of the seven key areas of business. The responses were then collated and weighted to reflect the size of the different economies in the responding countries, before being analysed by Joe Nellis, Professor of International Management Economics at Cranfield School of Management, a leading international business school based in the UK.]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/north-america-feelgood-index-may-2012/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/north-america-feelgood-index-may-2012/</link><category>feelgood</category><title>North American Economic Recovery Continues, Pulling Along Many Trading Partners</title><description>MSI's latest Global Feelgood Index business confidence survey shows that business owners and managers in the North American region continue to feel more optimistic about most aspects of their business.
The balance of overall confidence in the North American region rose by 0.02 points to +0.24, with</description><pubDate>Wed, 23 May 2012 00:00:00 +0100</pubDate><a10:updated>2012-05-23T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ MSI's latest Global Feelgood Index business confidence survey shows that business owners and managers in the North American region continue to feel more optimistic about most aspects of their business.
The balance of overall confidence in the North American region rose by 0.02 points to +0.24, with the largest upswings in confidence being in the prospects for spending on staff training and welfare (up by 0.08 to +0.26) and spending on investment capital (up by 0.06 to +0.26). 
The only negatives are falling confidence around cashflow (down by 0.04 to +0.21) and spending on marketing and advertising (down by 0.07 to +0.19). North Americans are most confident about the prospects for new sales (+0.41).
The full range of findings can be seen in the infographic below - feel free to include the chart in your own web page by copying and pasting the chart's embed code (click on the Share button). This chart will then dynamically update each quarter as the survey findings become available.  A short video expains how to do this.

 
 
 ]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/video-european-members-give-their-verdicts-on-europes-economies/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/video-european-members-give-their-verdicts-on-europes-economies/</link><category>feelgood</category><title>MSI Global Alliance's European Members Give Their Verdicts on Business Confidence across the Region </title><description>At the recent EMEA Regional Meeting in Lisbon, MSI Global Alliance's European members gave their views on levels of confidence among business owners and managers in their countries.
The short video below shows that Europe is a mix bag, with some countries feeling more upbeat than others, but most still</description><pubDate>Wed, 23 May 2012 00:00:00 +0100</pubDate><a10:updated>2012-05-23T00:00:00+01:00</a10:updated><a10:content type="xhtml"><![CDATA[ At the recent EMEA Regional Meeting in Lisbon, MSI Global Alliance's European members gave their views on levels of confidence among business owners and managers in their countries.
The short video below shows that Europe is a mix bag, with some countries feeling more upbeat than others, but most still feeling uncertain due to the economic difficulties and political changes in Europe.  The interviews mirror the results of the latest MSI Global Feelgood Index, MSI's survey of levels of business confidence across the world.
]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/is-the-us-economy-starting-to-recover-msi-feelgood-index-survey-hints-at-growing-positivity/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/is-the-us-economy-starting-to-recover-msi-feelgood-index-survey-hints-at-growing-positivity/</link><category>feelgood</category><title>Is the US Economy Starting to Recover? MSI Feelgood Index Survey Hints at Growing Positivity</title><description>According to the latest findings of the MSI Global Feelgood Index, businesses on the North American continent are feeling much more upbeat about their prospects in what continues to be a difficult global economy.
While the composite Global Index remains flat at +0.10, the level of confidence in North</description><pubDate>Fri, 24 Feb 2012 00:00:00 Z</pubDate><a10:updated>2012-02-24T00:00:00Z</a10:updated><a10:content type="xhtml"><![CDATA[ According to the latest findings of the MSI Global Feelgood Index, businesses on the North American continent are feeling much more upbeat about their prospects in what continues to be a difficult global economy.
While the composite Global Index remains flat at +0.10, the level of confidence in North America has gone up from +0.04 in the last quarter to +0.22.
Joe Nellis, Professor of International Management Economics at Cranfield School of Management, commenting on the survey findings, says: "This supports the emerging view that the region is near or at the bottom of the economic cycle and that a modest recovery may well be underway there. This view is supported by the latest forecasts from the IMF for the region (with GDP in the USA expected to grow by 1.8% in 2012)."
As can be seen from the chart below, there is growing optimism in North America around prospects for the sales pipeline (company sales) which has risen to +0.35 and a feeling that investment in marketing and advertising is likely to increase (+0.26). However, confidence around profit margins remains low at only +0.09.
 
Overall, the North American region is the second most optimistic world region, tied with Latin American on +0.22, but behind the surprising leader of the pack, Eastern Europe (+0.39).
Only time will tell if North America is truly on the path to recovery - check back here for more information on the Global Feelgood Index.
For more information, please contact Giles Brake, MSI's Head of Marketing.]]></a10:content></item><item><guid isPermaLink="true">http://www.msiglobal.org/blog/global-feelgood-index/global-feelgood-index-business-confidence-survey-msi-global-alliance/</guid><link>http://www.msiglobal.org/blog/global-feelgood-index/global-feelgood-index-business-confidence-survey-msi-global-alliance/</link><category>mendelssohn</category><category>feelgood</category><category>nellis</category><title>February 2012 MSI Global Feelgood Index Shows Confidence Building in North America, but Uncertainties in Eurozone Still Pose Threat to Recovery</title><description>Research into levels of business confidence worldwide from the leading international association of professional services firms MSI Global Alliance shows that recovery in many of the major Western economies is being hampered by continued strains in the Eurozone.
"The year ahead will be challenging for</description><pubDate>Wed, 22 Feb 2012 00:00:00 Z</pubDate><a10:updated>2012-02-22T00:00:00Z</a10:updated><a10:content type="xhtml"><![CDATA[ Research into levels of business confidence worldwide from the leading international association of professional services firms MSI Global Alliance shows that recovery in many of the major Western economies is being hampered by continued strains in the Eurozone.
"The year ahead will be challenging for many regions and countries across the globe, with the Eurozone economy as a whole expected to go into a mild recession," warned Joe Nellis, Professor of International Management Economics at Cranfield School of Management.
"This will have a direct impact on the major exporting countries, especially China, Japan and Germany. This year is likely to see the bottom of what has become known as the 'Great Recession' - but many uncertainties will still pose a threat to the path of recovery thereafter."
The MSI Global Feelgood Index, which uses weighted averages of seven key business performance indicators, indicates that the balance of confidence remains virtually neutral at the global level (+0.10). However, over the last three months, there has been a notable upturn in the balance of confidence in the North American region (from +0.04 to +0.22). This supports the emerging view that the region is near to or at the bottom of the economic cycle and that a modest recovery may well be under way. This view is supported by the latest forecasts from the IMF for the region, with GDP in the USA expected to grow by 1.8% in 2012. 
This is tempered by the balance of business confidence in general across Western Europe remaining in negative territory (-0.04). James Mendelssohn, MSI's Chief Executive, comments: "This is not surprising in the light of the sovereign debt crisis that continues to build momentum in some Euro member states - particularly Greece, Spain, Portugal and Italy." In contrast, and unexpectedly, the balance of business confidence in Eastern Europe is positive (at +0.39). 
The survey also shows that North Americans are generally more optimistic, particularly with regards to the outlook for their companies' sales pipeline (+0.35), whereas in Western Europe few have confidence in the prospects for strong company sales (-0.06).  
Over the last three months there has been a slight downturn in theMSI Feelgood Indexfor the Australia/New Zealand region (from +0.03 to -0.03), more or less matching that of Eastern Asia (-0.05) and the Indian region (-0.01). 
The general level of business confidence remains positive in Latin America and directly in tandem with the+0.22balance noted earlier for North America.
Finally, the balance of optimism in the Middle East and North Africa as well as Southern Africa regions has dampened, according to the latest MSI Feelgood Index (from+0.33 to +0.07 and from +0.22 to +0.04 respectively) - but is still in positive territory. 
Nellis concludes: "The IMF, in its most recent World Economic Outlook report, now expects the global economy to grow by 3.25 per cent in 2012; this is down significantly from the 4 per cent predicted just a few months ago. The findings of MSI's latest Global Feelgood Index show that the year ahead will be challenging for many regions and countries." 
Note to Editors
Each quarter, the MSI Global Feelgood Index surveys business owners and managers in over 100 countries on their levels of optimism regarding seven key areas of business: sales pipeline, profit margins, cash flow, spending on investment capital, staff numbers, spending on marketing and advertising, and spending on staff training and welfare.
From the period 16 -31 January 2012, participants were asked to state their level of optimism or pessimism for each of the seven key areas of business. The responses were then collated and weighted to reflect the size of the different economies in the responding countries, before being analysed by Joe Nellis, Professor of International Management Economics at Cranfield School of Management, a leading international business school based in the UK.
The full research report with global and regional breakdowns and additional comments from Professor Joe Nellis is available on our website at www.msiglobal.org  or can be requested by email from MSI's marketing team (marketing@msiglobal.org).
About MSI Global Alliance (MSI)
MSI Global Alliance (MSI) is an international association of independent professional firms, with over 250 member firms in some 105 countries. MSI was established in 1990 in response to the growing need for cross-border co-operation between professional services firms. MSI is different to other international associations and networks due to its multidisciplinary membership of both accounting and law firms and its comprehensive global coverage. MSI was recently shortlisted by The Lawyer magazine in the category Law Firm Network of the Year category at the Lawyer European Awards. MSI is also a member of EGIAN, the European Group of International Accounting Networks &amp; Associations.
For more information about MSI, the Global Feelgood Index, and MSI's member firms, please go towww.msiglobal.org or follow the association's updates on Twitter @msi_global     
 
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