OECD economic outlook 91, May 2012. 91, May 2012.
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Coverage is provided for all OECD member...
| Autor Corporativo: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris :
OECD
2012.
|
| Colección: | OECD economic outlook,
v. 2012/1, no. 91 |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705389406719 |
Tabla de Contenidos:
- Table of Contents; Summary of projections; Editorial: Confidence, Recovery, and the Euro: Is it Different this Time?; Chapter 1. General Assessment of the Macroeconomic Situation; Summary; Introduction; Table 1.1. The global recovery is slowly regaining momentum; Key forces acting; Figure 1.1. Investors continue to discriminate strongly across euro area sovereign bonds; Figure 1.2. It is relatively expensive to insure unsecured bank debt against default; Figure 1.3. Aggregate financial conditions have improved this year; Figure 1.4. Business confidence has tended to stabilise or improve
- Figure 1.5. The implied volatility of share prices has moderatedFigure 1.6. Recent trends in new car registrations diverge across regions; Box 1.1. Cross-country progress in private sector deleveraging; Debt indicators in the private sector; Figure 1.7. House prices are falling in real terms in many countries; Table 1.2. House price-to-rent ratios remain high in some countries; Figure 1.8. Oil prices are high; Table 1.3. Effects of an oil price increase on GDP and inflation - Survey of recent estimates; The near-term projection; Box 1.2. Policy and other assumptions underlying the projections
- Figure 1.9. Underlying inflation is likely to remain subduedTable 1.4. OECD labour market conditions are diverging; Figure 1.10. Considerable labour market slack is set to persist; Box 1.3. Using Okun's law to track recent cyclical developments; Gauging spare capacity using Okun's law; Figure 1.11. Progress in reducing global imbalances has stalled; Table 1.5. World trade is set to strengthen, but imbalances remain; Figure 1.12. Financial account related risk factors to financial stability; Tackling imbalances in the euro area; Figure 1.13. Euro area unit labour costs have begun to adjust
- Figure 1.14. Changes in euro area countries domestic demand and trade balances 2009-13Box 1.4. Challenges in implementing the new budgetary rules in the European Union; Most binding European Union fiscal rules under stylised assumptions; Policies in the main projection; Table 1.6. Fiscal positions will improve only slowly; Figure 1.15. Size and duration of consolidation episodes in the OECD area since the 1980s; Figure 1.16. Output gaps and non-performing loans; Bibliography; Chapter 2. Developments in Individual OECD Countries; United States; Japan; Euro Area; Germany; France; Italy
- United KingdomCanada; Australia; Austria; Belgium; Chile; Czech Republic; Denmark; Estonia; Finland; Greece; Hungary; Iceland; Ireland; Israel; Korea; Luxembourg; Mexico; Netherlands; New Zealand; Norway; Poland; Portugal; Slovak Republic; Slovenia; Spain; Sweden; Switzerland; Turkey; Chapter 3.Developments in Selected Non-member Economies; Brazil; China; India; Indonesia; Russian Federation; South Africa; Chapter 4. Medium and Long-term Scenarios for Global Growth and Imbalances; Introduction and summary; A new modelling framework based on conditional convergence
- Box 4.1. The new modelling framework for long-term economic projections
