The Association of Independent Financial Advisers (AIFA) has published its latest &lta href=&quothttp://www.aifa.net/publications/economic_analysis/aifa_qea_november10.pdf &quot&gtquarterly economic analysis&lt/a&gt.

Created in conjunction with Seven Investment Management, it provides members with a summary of the current world economic backdrop which is driving global investment decisions.

Robert Sinclair , director of AIFA, said: “Despite the obvious difficulties being encountered in a number of Eurozone countries the risk of a double-dip recession still appears less likely. A gradual subdued world recovery led by emerging markets remains the likeliest scenario.