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Businesses in the world’s three biggest economies, the United States, China and Japan, are increasingly feeling the heat when it comes to recruiting skilled staff. Given that these countries together represent over a third of global output, a deficit of skilled staff could have a significant knock-on effect on economic growth not just in these economies but beyond.

This publication provides a high-level summary of recent changes to IFRS that will affect companies' future financial reporting. Changes are colour coded to help Chief Financial Officers identify the changes that will affect them most.

Drawing on data and insight from the Grant Thornton IBR, the Economist Intelligence Unit and the International Monetary Fund (IMF), this short report considers the outlook for the Thai economy, including the expectations of 200 business leaders interviewed in Thailand and more than 10,000 globally, over the past 12 months.

Technology is at the cutting edge of efforts to make growth more sustainable. As the global population swells and more people move into higher consumption classes, the demand for food, for energy, for water, will all increase. But the resources our planet offers will not. Clearly the status quo is not sustainable.

Private equity has always focused on creating value and helping promote growth in portfolio companies. Since the industry began, private equity firms have tried many ways to meet this ultimate objective – and with varying success. Now, post the global financial crisis, the question being asked more than ever is: how can private equity deliver its value-added promises?

Efficiency and cost savings are big business in hospitality and tourism. It's hard to think of another sector which was such an early adopter of environmentally-friendly business practices.

Global tax newsletter is designed to keep you up to date with significant tax developments around the world that impact businesses with cross-border operations. It addresses issues of a global nature as well as domestic tax developments of interest to foreign investors. The newsletter aims to cover tax developments on a regional and international basis.

Ed Nusbaum, global CEO of Grant Thornton, discusses the Q3 global economic outlook and finds the slowdown in Germany threatening eurozone and world growth prospects.

Recession, economic uncertainty, and market volatility have forced many miners out of the industry and brought others to the point of insolvency.

Jose Luis Sarrio (international business centre director and partner at Grant Thornton Peru) and Madeleine Blankenstein (international business centre director and partner at Grant Thornton Brazil) discuss the outlook for Latin America.

Grant Thornton looks at the potential impact of IFRS 15 'Revenue from Contracts with Customers' for revenue recognition in the life sciences industry.

Over the last few years, ask an economist where to look for growth and the answer would usually be the emerging markets. Now, though, with renewed optimism in Japan the UK, and US , should we be looking to the developed economies for new opportunities?

New research shows that rising optimism in Quebec is feeding into brighter business growth prospects but that bureaucracy is constraining those very same growth plans. The results from Grant Thornton’s International Business Report (IBR), a survey of 2,500 senior executives in 34 economies, reveals that despite the roadblocks, businesses in Quebec are focused on incentivising productivity improvement and enhancing sales force effectiveness in a bid to boost growth over the next 12 months.

Nathan Goode calls for a change of narrative in the sustainability debate.

With momentum building towards the UN Climate Change Conference in Peru, new figures from IBR reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets.

Francesca Lagerberg, Global head of Tax services welcomes moves towards global taxation transparency.