OECD economic outlook 96 November 2014.
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 principal: | |
---|---|
Autor Corporativo: | |
Formato: | Libro electrónico |
Idioma: | Inglés |
Publicado: |
[Paris, France] :
OECD
2014.
|
Colección: | OECD Economic Outlook ;
1609-7408. |
Materias: | |
Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706210006719 |
Tabla de Contenidos:
- Table of contents; Summary of projections; Editorial: Shifting into Higher Gear and Rebuilding the Engines of Growth; Chapter 1. General Assessment of the Macroeconomic Situation; Summary; Summary assessment of the economic situation and main policy recommendations; Table 1.1. The global recovery will gain momentum only slowly; Main issues for economic prospects; Figure 1.1. Macroeconomic performance among the largest OECD areas is expected to continue to differ; Box 1.1. Persistent stagnation traps: evidence and policy implications; Summary of selected features of persistent stagnation
- Figure 1.2. Deleveraging in the private sector has differed across the main OECD areasFigure 1.3. Impact on GDP growth of a euro and yen depreciation; Figure 1.4. Risk-taking indicators; Box 1.2. Potential energy market spillovers from events in Ukraine; Natural gas and crude oil imports from Russia account for a sizeable share of primary energy needs; Figure 1.5. Growth of exports to Russia; Figure 1.6. Economic slack continues to hold back wage growth; Figure 1.7. The post-crisis recovery in investment remains slow; Figure 1.8. OECD financial conditions have improved further
- Figure 1.9. Intra-euro area financial fragmentationFigure 1.10. The ratio of global trade volume to global GDP volume; Figure 1.11. Income and wealth disparities have widened in the United States; Figure 1.12. Post-crisis changes in the income distribution have varied across countries; Figure 1.13. Financial wealth inequality is greater than housing wealth inequality; Box 1.3. Consumption tax increases in Japan; Effects of the consumption tax increase on households; Residential property investment; Table 1.2. Housing market developments continue to diverge; Economic prospects and risks
- Box 1.4. Policy and other assumptions underlying the projectionsFigure 1.14. Euro area economic prospects in the baseline and a downside scenario; Figure 1.15. First and second-year impact on GDP growth of a euro area shock; Figure 1.16. GDP growth impact of an adverse two-year domestic demand shock in China; Table 1.3. OECD labour market conditions are likely to improve slowly; Table 1.4. World trade will strengthen only gradually; Economic policy requirements in the major economies; Table 1.5. Fiscal positions will continue to improve; Box 1.5. Monetary policy easing in the euro area
- European Central Bank total assetsOutstanding ABS securities and covered bonds; Monetary policy easing and its apparent effects; Box 1.6. Fiscal space in the euro area under the European fiscal rules; Fiscal policy stance; Binding EU rules and implied fiscal space; Bibliography; Annex 1.A1. Indicators of potential financial vulnerabilities; Table A1. Indicators of potential financial vulnerabilities; Table A2. Financial-accounts-related risk factors to financial stability; Annex 1.A2. A revised framework for modelling the relationship between inflation and unemployment
- Figure A2.1. Inflation expectations have stabilised since the late 1990s