Working Paper 02-05 - The NIME Economic Outlook for the World Economy 2005 - 2011 (Also in this issue: the Lisbon Strategy)

This Working Paper presents a medium-term macroeconomic outlook for the major economic areas of the world. The outlook was prepared using nime, the Belgian Federal Planning Bureau's (fpb) macroeconometric world model. The Working Paper also features an assessment of the euro area's progress towards the European Union's Lisbon goals for growth and employment, a brief description of the nime model and an appendix outlining the major technical assumptions of this outlook.