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At the start of 2018 the global economy is in full swing. On a PPP-basis growth in 2017 was 3.9 percent, the highest rate since 2011. While leading indicators point to still robust growth in early 2018, sentiment has recently been negatively affected by increasing uncertainty about the pace of...
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In the middle of 2017, the world economy is experiencing robust growth. Especially in the advanced economies economic sentiment is upbeat, despite considerable economic policy uncertainty. We have increased our forecast for global GDP growth—on PPP basis—by 0.1 percentage points both in 2017...
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incorporate China into an existing model for the G-3 economies (i.e., the United States, the euro area, and Japan), paying …
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revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the … current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm … recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today. Japan's Great …
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