OECD economic outlook 98, November 2015 98, November 2015 /
This OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. The present issue covers the outlook to end 2017 for both OECD countries and selected non OECD economies. Together with a wide range of c...
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Format: | eBook |
Language: | Inglés |
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Paris :
OECD
[2015]
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Edition: | 2nd ed |
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See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706190006719 |
Table of Contents:
- Intro
- Table of contents
- Summary of projections
- Editorial: Trade Winds Blowing No Good?
- Chapter 1. General Assessment of the Macroeconomic Situation
- Introduction
- The outlook
- Figure 1.1. Global GDP growth is set to recover slowly
- Figure 1.2. Global import volume growth has slowed this year
- Table 1.1. The global recovery will gain momentum only slowly
- Figure 1.3. Financial conditions in advanced economies have become less supportive
- Figure 1.4. GDP growth projections for the major economies
- Figure 1.5. Inflation is likely to remain weak
- Table 1.2. OECD labour market conditions will improve slowly
- Figure 1.6. Labour market outcomes should improve gradually in the major OECD economies
- Box 1.1. The labour market and fiscal impact of the European refugee surge
- The number of refugees into Europe is rising but still small compared with total net migration
- Main issues and risks for economic prospects
- Figure 1.7. Global trade growth is unusually weak this year
- Figure 1.8. Non-OECD import volume growth has fallen sharply this year
- Figure 1.9. Significant changes are occurring in Chinese trade flows
- Figure 1.10. Chinese merchandise export growth to selected partner countries
- Figure 1.11. Trade linkages with China in 2014
- Table 1.3. World trade will strengthen gradually
- Figure 1.12. Rebalancing is continuing in China
- Box 1.2. The global impact of weaker demand growth in China
- GDP growth impact of an adverse two-year domestic demand shock in China
- Figure 1.13. Financial conditions in emerging market economies have tightened
- Box 1.3. Rising US policy interest rates and spillovers to emerging market economies
- Portfolio capital flows to EMEs during past episodes of US monetary policy tightening
- Measures of risk aversion.
- Financial market conditions during past episodes of US monetary policy tightening
- Figure 1.14. EMEs' external vulnerabilities increased due to exchange rate depreciations
- Figure 1.15. Credit has increased substantially in some EMEs
- Box 1.4. Growth shortfalls in the euro area and Japan
- Estimated impact on GDP growth in 2015 of changes in forces acting since June 2014
- Figure 1.16. Conditions in the banking sector across euro area countries continue to differ
- Figure 1.17. Little progress with deleveraging in the euro area and Japan
- Box 1.5. Revisions to potential output growth
- Revision to potential output growth for 2016
- Policy requirements
- Table 1.4. Fiscal positions will continue to improve
- Box 1.6. The impact of an increase in public investment in OECD economies
- First-year GDP effects of a government investment stimulus in OECD economies
- The impact of a government investment stimulus on budget deficits and government debt
- Figure 1.18. The cyclical component of budget deficits
- Bibliography
- Annex 1.1. Policy and other Assumptions Underlying the Projections
- Annex 1.2. Indicators of Potential Financial Vulnerabilities
- Table 1.A2.1. Indicators of potential financial vulnerabilities
- Table 1.A2.2. Financial-accounts-related risk factors to financial stability
- Chapter 2. Cool Policy: Climate Change Mitigation Supporting Growth
- Summary
- Introduction
- Figure 2.1. Level of additional risk due to climate change
- Box 2.1. What's needed: Key policy measures to reduce greenhouse gas emissions
- Why act? What's the problem with global warming?
- Action is needed
- Box 2.2. Two tragedies
- Box 2.3. A worldwide cap-and-trade system? Seemingly impracticable, but useful as a reference point for other options
- Figure 2.2. The carbon tax in OECD and seven partner countries.
- Figure 2.3. Sales of petroleum fuels subject to British Columbia's carbon tax
- Financial markets and climate change
- Insurance: coping with climate change - and reducing it?
- Figure 2.4. Economic losses from climatological, meteorological and hydrological disasters
- Greenhouse gas mitigation and the short-term outlook
- Box 2.4. Integrated policies reduced Swedish residential greenhouse gas emissions by 80%
- Heat production costs in single-family houses with different heating alternatives
- Climate change policy and fiscal sustainability
- Figure 2.5. Economy-wide effective tax rates on CO2 from energy
- Conclusion
- Bibliography
- Chapter 3. Developments in Individual OECD Countries and Selected Non-Member Economies
- Australia
- Austria
- Belgium
- Brazil
- Canada
- Chile
- China
- Colombia
- Costa Rica
- Czech Republic
- Denmark
- Estonia
- Euro area
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- India
- Indonesia
- Ireland
- Israel
- Italy
- Japan
- Korea
- Latvia
- Lithuania
- Luxembourg
- Mexico
- Netherlands
- New Zealand
- Norway
- Poland
- Portugal
- Russia
- Slovak Republic
- Slovenia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Kingdom
- United States
- Statistical Annex
- Annex Tables
- Annex Table 1. Real GDP
- Annex Table 2. Nominal GDP
- Annex Table 3. Real private consumption expenditure
- Annex Table 4. Real public consumption expenditure
- Annex Table 5. Real total gross fixed capital formation
- Annex Table 6. Real gross private non-residential fixed capital formation
- Annex Table 7. Real gross residential fixed capital formation
- Annex Table 8. Real total domestic demand
- Annex Table 9. Foreign balance contributions to changes in real GDP
- Annex Table 10. Output gaps
- Annex Table 11. Compensation per employee.
- Annex Table 12. Labour productivity
- Annex Table 13. Unemployment rates: national definitions
- Annex Table 14. Harmonised unemployment rates
- Annex Table 15. Labour force, employment and unemployment
- Annex Table 16. GDP deflators
- Annex Table 17. Private consumption deflators
- Annex Table 18. Consumer price indices
- Annex Table 19. Oil and other primary commodity markets
- Annex Table 20. Employment and labour force
- Annex Table 21. Potential GDP and productive capital stock
- Annex Table 22. Structural unemployment and unit labour costs
- Annex Table 23. Household saving rates
- Annex Table 24. Gross national saving
- Annex Table 25. General government total outlays
- Annex Table 26. General government total tax and non-tax receipts
- Annex Table 27. General government financial balances
- Annex Table 28. General government cyclically adjusted balances
- Annex Table 29. General government underlying balances
- Annex Table 30. General government underlying primary balances
- Annex Table 31. General government net debt interest payments
- Annex Table 32. General government gross financial liabilities
- Annex Table 33. General government net financial liabilities
- Annex Table 34. Maastricht definition of general government gross public debt
- Annex Table 35. Short-term interest rates
- Annex Table 36. Long-term interest rates
- Annex Table 37. Nominal exchange rates (vis-à-vis the US dollar)
- Annex Table 38. Effective exchange rates
- Annex Table 39. Export volumes of goods and services
- Annex Table 40. Import volumes of goods and services
- Annex Table 41. Export prices of goods and services
- Annex Table 42. Import prices of goods and services
- Annex Table 43. Indicators of competitiveness based on relative consumer prices
- Annex Table 44. Indicators of competitiveness based on relative unit labour costs.
- Annex Table 45. Export performance for total goods and services
- Annex Table 46. Shares in world exports and imports
- Annex Table 47. Geographical structure of world trade growth
- Annex Table 48. Trade balances for goods and services
- Annex Table 49. Balance of primary income
- Annex Table 50. Balance of secondary income
- Annex Table 51. Current account balances
- Annex Table 52. Current account balances as a percentage of GDP
- Annex Table 53. Structure of current account balances of major world regions
- Annex Table 54. Export market growth in goods and services
- Annex Table 55. Import penetration
- Annex Table 56. Quarterly demand and output projections
- Annex Table 57. Quarterly price, cost and unemployment projections
- Annex Table 58. Contributions to changes in real GDP in OECD countries
- Annex Table 59. Household wealth and indebtedness
- Annex Table 60. House prices
- Annex Table 61. House price ratios.