Staff Studies for the World Econ Outlook, August 1987 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Staff Studies for the World Econ Outlook, August 1987 write by International Monetary Fund. This book was released on 1987-01-01. Staff Studies for the World Econ Outlook, August 1987 available in PDF, EPUB and Kindle. This paper reviews the long-term growth performance of the major industrial countries and discusses some of the many factors that have been identified as possible sources of the marked slowdown in growth since the early 1970s. According to the view of different demographic developments across countries, it is useful to break the growth of output down into changes in tabor input and changes in labor productivity in order to obtain a basis for cross-country comparisons. Wage behavior in the face of energy price shocks appears to have differed considerably among the major industrial countries. Increased uncertainty, reflecting, in particular, changes in the international economic environment and the stop-go financial policies of several of the major countries during the 1970s, and is frequently cited as a possible reason for the slowdown in growth, mainly through its impact on private investment. Views on the contribution of slower net capital accumulation to the deceleration in growth depend upon assessments of whether the efficiency of investment declined significantly after 1973 and on assumptions made about technological change and the embodiment of technical progress.
Staff Studies for The World Economic Outlook
Staff Studies for The World Economic Outlook - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Staff Studies for The World Economic Outlook write by . This book was released on 1986. Staff Studies for The World Economic Outlook available in PDF, EPUB and Kindle.
World Economic Outlook, September 2011
World Economic Outlook, September 2011 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook World Economic Outlook, September 2011 write by International Monetary Fund. Research Dept.. This book was released on 2011-09-20. World Economic Outlook, September 2011 available in PDF, EPUB and Kindle. The September 2011 edition of the World Economic Outlook assesses the prospects for the global economy, which is now in a dangerous new phase. Global activity has weakened and become more uneven, confidence has fallen sharply recently, and downside risks are growing. Against a backdrop of unresolved structural fragilities, a barrage of shocks hit the international economy this year, including the devastating Japanese earthquake and tsunami, unrest in some oil-producing countries, and the major financial turbulence in the euro area. Two of the forces now shaping the global economy are high and rising commodity prices and the need for many economies to address large budget deficits. Chapter 3 examines the inflationary effects of commodity price movements and the appropriate monetary policy response. Chapter 4 explores the implications of efforts by advanced economies to restore fiscal sustainability and by emerging and developing economies to tighten fiscal policy to rebuild fiscal policy room and in some cases to restrain overheating pressures.
World Economic Outlook, April 2009
World Economic Outlook, April 2009 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook World Economic Outlook, April 2009 write by International Monetary Fund. Research Dept.. This book was released on 2009-04-22. World Economic Outlook, April 2009 available in PDF, EPUB and Kindle. This edition of the World Economic Outlook explores how a dramatic escalation of the financial crisis in September 2008 provoked an unprecedented contraction of activity and trade, despite active policy responses. It presents economic projections for 2009 and 2010, and also looks beyond the current crisis, considering factors that will shape the landscape of the global economy over the medium term, as businesses and households seek to repair the damage. The analysis also outlines the difficult policy challenges presented by the overwhelming imperative to take all steps necessary to restore financial stability and revive the global economy, and the longer-run need for national actions to be mutually supporting. The first of two analytical chapters, "What Kind of Economic Recovery?" explores the shape of the eventual recovery. The second, "The Transmission of Financial Stress from Advanced to Emerging and Developing Economies," focuses on the role of external financial linkages and financial stress in transmitting economic shocks.
World Economic Outlook, October 1987
World Economic Outlook, October 1987 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook World Economic Outlook, October 1987 write by International Monetary Fund. Research Dept.. This book was released on 1987-01-01. World Economic Outlook, October 1987 available in PDF, EPUB and Kindle. This paper highlights that the first half of 1987 was characterized by considerable uncertainty about the world economic situation and prospects. Following a disappointing growth performance in industrial countries in 1986, and deterioration in the external financial position of many developing countries, signs of sluggishness in some indicators early in 1987 have given rise to concern that economic activity might weaken further in 1987 and next year. Such fears have been aggravated by the persistence of historically large imbalances on current account and increasing trade frictions.
