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The Asian Development Outlook (ADO) provides growth and inflation forecasts for more than 40 economies in the region. This paper assesses the accuracy of those forecasts against actual outcomes for the years from 2008 to 2011. The World Economic Outlook (WEO) forecasts by the International...
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In this paper authors focus on forecast models for economic development of Russia over a medium-term perspective …
Persistent link: https://www.econbiz.de/10013100538
This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by the International Monetary Fund. They are found to overlap quite closely, notwithstanding much...
Persistent link: https://www.econbiz.de/10012892014
The Asian Development Outlook (ADO) provides growth and inflation forecasts for more than 40 economies in the region. This paper assesses the accuracy of those forecasts against actual outcomes for the years from 2008 to 2011. The World Economic Outlook (WEO) forecasts by the International...
Persistent link: https://www.econbiz.de/10013049286
This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years,...
Persistent link: https://www.econbiz.de/10011955528
, Indonesia, South Africa, and Russia) the projections for 2022 have been improved due to rising prices for energy and some metals …; and in the case of Russia, also due to the effective measures designed to stabilize its financial sector. The forecasts …
Persistent link: https://www.econbiz.de/10014355505