Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

International Women’s Day: Employ and pay them more!

In the EU, women get paid 13% less than men in terms of average gross hourly earnings. Although this is smaller than the global gender pay gap (20% according to the ILO), it does not necessarily reflect more gender equality; for some countries, it merely depicts lower participation rates in paid employment.

The new risk frontier in finance: biodiversity loss

Biodiversity loss is both a risk and an opportunity for the financial sector. Financial institutions may face financial, market, reputational and legal risks when they invest in economic activities that cause adverse effects on biodiversity or are highly dependent on natural capital. 

Russia´s war economy

Despite Western sanctions, the Russian economy held up much better than expected: real GDP contracted by just -2.1% last year. However, the outlook is challenging. We expect a further contraction of -1% this year.