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supplemented by the country notes of other AIECE institutes from all over Europe. The authors analyze the economic situation in the … in Central and Eastern Europe.¤ In Western Europe, growth is forecast to continue at rates slightly above 2.5 percent … stance in the countries outside EMU is considered more or less adequate. This year, demand in Western Europe will be …
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As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of 2020. However, the low point seems to have been passed in the meantime, and in China the economy has even already made up a considerable part of the production...
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Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...
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In a situation with already elevated inflation, the war in Ukraine and the zero-covid policy in China have led to additional upward pressures on prices and reinforced the global supply chain problems. Real wages are declining in many countries, dampening personal consumption expenditures even...
Persistent link: https://www.econbiz.de/10013272051
The global economy held up better than expected in the face of the inflation shock and the massive tightening of monetary policy in 2023, even if the economic expansion was moderate. Inflation is now falling swiftly and monetary policy is expected to start cutting interest rates in the first...
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