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Assessing the global economic outlook is a fundamentally important task of international financial institutions, governments and central banks. In this paper we focus on the consequences of the rapid growth of emerging markets for monitoring and forecasting the global outlook. Our main results...
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This paper presents a coincident and a leading composite monthly indicator for the world business cycle - the Global … Economic Barometers. Both target the world’s output growth rate cycle. The calculation of these indicators comprises two main …
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