Kapital Economics is an independent body that monitors global economic developments.

Monitor of key global economic indicators

Our report on the global economy is referred to as the Global Economic Monitor (GEM) and is prepared on a monthly basis. As its name suggests, this report monitors important trends in the global economy as a whole and a number of key variables in particular.

What we do


Tracking important economic indicators and various asset prices in the global economy and various local economies.


In-depth analysis of developments in the global economy and their consequences for the global financial markets.


We provide our international partners with knowledge and information on the global economy.

Tracking the global cycle

It is our view that the world economy moves in cycles – long waves and shorter cycles conditioned by these long waves – and tends to be dominated by the trend and cyclical movement of certain core economies.

Most other analyses deny such cycles as being inherent and recurrent, seeing macroeconomic phenomena as the result of various random global shocks or policy decisions in the major global economies.