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Author: Ann Pettifor Publisher: Palgrave Macmillan ISBN: 9781403917959 Category : Business & Economics Languages : en Pages : 224
Book Description
Building on the New Economic Foundation and Jubilee 2000's experience of making complex economic issues interesting and attractive to a mass audience, and publishing alternative reports, the Real World Economic Outlook provides an overview and reviews the global economy from a different and radical perspective. This first report looks at globalization and debt deflation.
Author: International Monetary Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 202
Book Description
The latest World Economic Outlook reports economic activity was surprisingly resilient through the global disinflation of 2022–23, despite significant central bank interest rate hikes to restore price stability. Risks to the global outlook are now broadly balanced compared with last year. Monetary policy should ensure that inflation touches down smoothly, while a renewed focus on fiscal consolidation is needed to rebuild room for budgetary maneuver and to ensure debt sustainability. Structural reforms are crucial to revive medium-term growth prospects amid constrained policy space.
Author: A. Pettifor Publisher: Palgrave Macmillan ISBN: Category : Business & Economics Languages : en Pages : 280
Book Description
'The Real World Economic Outlook' describes the real world economy that affects real people and not just the ostentatiously wealthy. Written for a mass audience, it should be read by everyone for the reliable and credible resource that it is.
Author: International Monetary Publisher: International Monetary Fund ISBN: 1513577328 Category : Business & Economics Languages : fr Pages : 198
Book Description
The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451943555 Category : Business & Economics Languages : en Pages : 212
Book Description
This paper reviews recent analytical and empirical research on the determination of employment, to provide a framework for evaluating the merits of alternative policies to cope with unemployment. Particular emphasis is placed on the mechanisms of employment and wage determination described in recent studies. The lack of any systematic relationship between countries' long-run growth and employment performances reflects the fact that output per person employed (labor productivity) or, conversely, the labor intensity of production, has developed quite differently across countries. The main mechanism through which the rise in real wages has prevented greater employment gains in Europe over the past ten to fifteen years seems to have been a substitution of capital for labor which has lowered the labor intensity of production significantly more than in the United States. There are a number of important caveats with respect to the apparent relationship between differences in employment and labor cost developments across countries.
Author: Mr.James M. Boughton Publisher: International Monetary Fund ISBN: 1451846703 Category : Business & Economics Languages : en Pages : 25
Book Description
The World Economic Outlook (WEO) exercise at the IMF evolved during the 1980s, partly in response to demands by policymakers in national finance ministries for objective and internationally comparable projections and policy scenarios. The exercise had begun as a staff initiative, encouraged by the Managing Director (Johannes Witteveen). Gradually, the Executive Board, the Interim Committee, the Group of Seven, and others came to view the discussion of the WEO documents as an important element in their efforts to keep abreast of world economic developments and prospects. Direct and indirect feedback from those discussions informed the staff as to how the exercise should be improved. Driven by this policy relevance, the WEO evolved from a decentralized project that was only haphazardly model-based into a more rigorous and coordinated exercise.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 9781557757012 Category : Business & Economics Languages : en Pages : 162
Book Description
These studies provide supporting material for the analysis and scenarios in the World Economic Outlook.
Author: International Monetary Fund. Research Dept. Publisher: International Monetary Fund ISBN: 1484325605 Category : Business & Economics Languages : zh-CN Pages : 217
Book Description
Global activity has broadly strengthened and is expected to improve further in 2014–15, according to the April 2014 WEO, with much of the impetus for growth coming from advanced economies. Although downside risks have diminished overall, lower-than-expected inflation poses risks for advanced economies, there is increased financial volatility in emerging market economies, and increases in the cost of capital will likely dampen investment and weigh on growth. Advanced economy policymakers need to avoid a premature withdrawal of monetary accommodation. Emerging market economy policymakers must adopt measures to changing fundamentals, facilitate external adjustment, further monetary policy tightening, and carry out structural reforms. The report includes a chapter that analyzes the causes of worldwide decreases in real interest rates since the 1980s and concludes that global rates can be expected to rise in the medium term, but only moderately. Another chapter examines factors behind the fluctuations in emerging market economies’ growth and concludes that strong growth in China played a key role in buffering the effects of the global financial crisis in these economies.
Author: Ann Pettifor
Author: International Monetary
Author: A. Pettifor
Author: 
Author: International Monetary
Author: 
Author: World economic outlook (International Monetary Fund)
Author: International Monetary Fund
Author: Mr.James M. Boughton
Author: International Monetary Fund
Author: International Monetary Fund. Research Dept.