The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the...
more
Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
Inter-library loan:
Unlimited inter-library loan, copies and loan
The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the boom period, it is in line with underlying potential, and output is projected to pick up only gradually to around 5.8 percent by 2015. High unemployment and spare capacity remain pressing problems in developing Europe and the Middle East and North Africa. With a more stable external environment, new risks and challenges are gaining prominence, including the potential impact on exporting countries of a faster than anticipated decline in commodity prices, the possibility that the eventual withdrawal of quantitative easing exposes vulnerabilities in developing countries, and the need to resort increasingly to supply-side rather than demand stimulus policies to achieve stronger growth.
The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the...
more
Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
Inter-library loan:
No inter-library loan
The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the boom period, it is in line with underlying potential, and output is projected to pick up only gradually to around 5.8 percent by 2015. High unemployment and spare capacity remain pressing problems in developing Europe and the Middle East and North Africa. With a more stable external environment, new risks and challenges are gaining prominence, including the potential impact on exporting countries of a faster than anticipated decline in commodity prices, the possibility that the eventual withdrawal of quantitative easing exposes vulnerabilities in developing countries, and the need to resort increasingly to supply-side rather than demand stimulus policies to achieve stronger growth.
