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Persistent link: https://www.econbiz.de/10003965681
widespread agreement that structural policies have a positive impact on long-term growth, there is a controversial discussion …. However, only a small part of the growth and employment success in these countries can be accounted for such a coordination … strategy, it should react if there is an increase in the growth rate of potential output as a result of wage moderation. For …
Persistent link: https://www.econbiz.de/10011451765
The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining … continue to be very low. This raises the question of whether low GDP growth and low interest rates are a temporary phenomenon … or are due to a decline in long-run growth prospects (potential output growth) and equilibrium real interest rates …
Persistent link: https://www.econbiz.de/10011976123
The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining … continue to be very low. This raises the question of whether low GDP growth and low interest rates are a temporary phenomenon … or are due to a decline in long-run growth prospects (potential output growth) and equilibrium real interest rates …
Persistent link: https://www.econbiz.de/10012022449
Despite a temporary pick-up in world production at the start of the year, growth will continue to moderate amid a … 2020, we continue to see world production growing by 3.3 percent. At this pace of growth capacity utilization in advanced …
Persistent link: https://www.econbiz.de/10012060483
World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a …
Persistent link: https://www.econbiz.de/10012060521
During the first half of the year global growth remained sluggish. While activity in emerging economies stabilized …, growth in advanced economies softened. Over the next two years, we expect the world economy to pick up pace gradually …; for 2018, we expect a further acceleration of global growth to 3.7 percent. Monetary policy remains accommodative in …
Persistent link: https://www.econbiz.de/10012061461
The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however …, remain weak although we expect growth to accelerate somewhat going forward. This year, global output (at PPP exchange rates …. Growth in advanced economies remains tepid. It is becoming clearer and clearer that structural rather than cyclical factors …
Persistent link: https://www.econbiz.de/10012061501
Global growth has slowed down recently. While the world economy should gradually regain pace over the coming quarters …, overall growth momentum is expected to remain subdued. The recent drop in oil prices has not improved the outlook as it to a …-exporting countries. Increased uncertainty is also weighing on growth. Against this backdrop, our forecast for world economic growth in …
Persistent link: https://www.econbiz.de/10012061544
Global growth slowed in 2015. While we forecast the world economy to gradually gain momentum over the coming two years … sector. In emerging economies, lower commodity prices and structural problems will continue to weigh on growth, although we … expect growth in this group of countries to pick up somewhat over the forecast horizon. …
Persistent link: https://www.econbiz.de/10012061563