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Global economic recovery progresses overall
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2020
In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid the covid-19 pandemic. Currently, the recovery is being slowed down by another wave of infections and policy measures to contain it, but on aggregate...
Persistent link: https://www.econbiz.de/10012392680
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Gradual recovery after partial rebound
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2020
The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded. After a 3 percent drop in activity in the first quarter, global output contacted by some 7 percent as governments around the world implemented measures to contain the virus and...
Persistent link: https://www.econbiz.de/10012302343
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Finanz- und Wirtschaftspolitik bei einer anhaltenden monetären Expansion
Kooths, Stefan; Schwarzmüller, Tim; Scheide, Joachim; … - 2014
In Reaktion auf die Finanzkrise hat das Eurosystem seine Geldpolitik massiv gelockert. So hat die Europäische … budgets in several countries of the euro area. This has led to large liquidity flows into Germany. This situation is expected … to continue for some time to come. With huge amounts of excess liquidity already accumulated in the German banking sector …
Persistent link: https://www.econbiz.de/10010343472
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Global growth remains sluggish
Ademmer, Martin; Gern, Klaus-Jürgen; Hauber, Philipp; … - 2019
Despite a temporary pick-up in world production at the start of the year, growth will continue to moderate amid a further deterioration in economic sentiment and elevated levels of uncertainty. We expect the global economy to expand at a rate of 3.2 percent this year, reflecting a downward...
Persistent link: https://www.econbiz.de/10012060483
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Less even growth in the world economy with significant downside risks
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2018
The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated again in the second quarter of 2018. However, the recent expansion probably overstates its underlying momentum. At the same time, the expansion is becoming less even as compared to...
Persistent link: https://www.econbiz.de/10012060516
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Slower growth in the world economy
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2018
World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a temporary pick up in the second quarter, global activity slowed down significantly in the third quarter and sentiment indicators point towards a further deceleration towards the end...
Persistent link: https://www.econbiz.de/10012060521
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Reduced world economic momentum
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2018
The world economy has lost momentum in the beginning of this year, although partly due to special factors. We have reduced our forecast for global growth in both 2018 and 2019 by 0.2 percentage points. In the advanced economies capacity utilization will continue to increase, supporting an...
Persistent link: https://www.econbiz.de/10012060566
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World economic upswing continues
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2017
The world economy is currently expanding strongly with upward momentum in almost every major economy. Global activity is set to expand by 3.8 percent, 0.1 percentage point above our September forecast and the strongest figure since 2011. We have also slightly revised up, to 3.9 percent, our...
Persistent link: https://www.econbiz.de/10012060682
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Sustained acceleration of the world economy
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2017
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...
Persistent link: https://www.econbiz.de/10012060786
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World economy : continued expansion amid increased uncertainties
Gern, Klaus-Jürgen; Fiedler, Salomon; Hauber, Philipp; … - 2017
The world economy has gained traction in the course of 2016 despite elevated policy uncertainty and seems to have picked up further in the beginning of 2017. The change in the US government apparently has led to expectations of substantial policy stimulus, while a competitive valuation of...
Persistent link: https://www.econbiz.de/10012060791