At a Glance…: The World Economy

2015 ◽  
Vol 232 ◽  
pp. F2-F2
Keyword(s):  
World Economy ◽  
Oil Prices ◽  
Developed Countries ◽  
List Type ◽  
Monetary Policies ◽  
The World ◽  
Almost All

Following growth of 3.4 per cent each year in 2012–14, the world economy will grow by 3.2 per cent in 2015 and 3.8 per cent in 2016.Growth has been slightly weaker than expected so far in 2015 and inflation remains well below target in almost all developed countries.But deflation does not appear to be embedded and low oil prices, combined with accommodative monetary policies, should provide a boost to growth in most oil importing countries.

At a Glance …

2016 ◽  
Vol 236 ◽  
pp. 48-48
Keyword(s):  
United States ◽  
World Economy ◽  
Emerging Market ◽  
Oil Prices ◽  
The United States ◽  
Emerging Market Economies ◽  
List Type ◽  
Monetary Policies ◽  
Market Economies ◽  
The World

The world economy is expected to grow by 3.0 per cent in 2016, down from the 3.2 per cent predicted in the February Review. Growth this year is therefore forecast to be the slowest since the 2009 recession, before picking up to 3.5 per cent in 2017.The growth downgrade is mainly due to disappointing performances in the United States and Japan. Among the emerging market economies, growth has been also been revised down for Brazil and Russia.A moderate strengthening of growth is forecast for 2017 and beyond, supported by accommodative monetary policies, lower oil prices and the gradual normalisation of conditions in stressed emerging market economies.

At a Glance …

2015 ◽  
Vol 231 ◽  
pp. F2-F2
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Developed Countries ◽  
Oil Price ◽  
List Type ◽  
The World ◽  
Almost All

Following growth of 3.4 per cent in 2014, the world economy will grow by 3.3 per cent in 2015 and 3.6 per cent in 2016.Growth was weaker than expected in late 2014 and inflation has fallen further below target in almost all developed countries;But a sustained lower oil price, if it does not exacerbate the threat of deflation, should provide a significant boost to growth in countries that are net oil importers and for the global economy.

At a Glance…: The world economy

2015 ◽  
Vol 234 ◽  
pp. F2-F2
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Emerging Market ◽  
List Type ◽  
Monetary Policies ◽  
Advanced Economies ◽  
The Us ◽  
The World ◽  
Bank Of England ◽  
Global Growth

The world economy is expected to grow by 3.0 per cent in 2015, unchanged from our August forecast, and by 3.4 per cent in 2016, marginally weaker than projected last time. Growth in emerging market economies has weakened further; recoveries have remained hesitant in the advanced economies.The projected pickup in global growth next year will be supported by accommodative monetary policies and lower oil prices. Growth should strengthen further in 2017 as recoveries take hold in some key emerging markets. But considerable risks remain.We expect the US Federal Reserve to lead the turn in official interest rates in December, with the Bank of England following next February.

Chapter II. The World Economy

1982 ◽  
Vol 99 ◽  
pp. 29-50
Keyword(s):  
Interest Rates ◽  
Growth Rates ◽  
World Economy ◽  
Full Employment ◽  
Oil Prices ◽  
Oecd Countries ◽  
Fiscal Policies ◽  
Real Interest Rates ◽  
Monetary Policies ◽  
The World

High real interest rates and high rates of unemployment were the main characteristics of the world economy in 1981, with relatively low growth rates as the link between them. Rates of inflation moderated.Since the huge increases in oil prices during 1979 gave a fresh and powerful upward twist to the inflationary spiral, the chief priority of governments in most OECD countries has been to get this turning down again. To this end they have followed strict monetary policies and fiscal policies which despite big budgetary deficits in some countries would be restrictive on a full-employment basis.

At a Glance…: The World Economy

2015 ◽  
Vol 233 ◽  
pp. F2-F2
Keyword(s):  
World Economy ◽  
Emerging Market ◽  
Developed Countries ◽  
List Type ◽  
Fiscal Consolidation ◽  
Delayed Effects ◽  
Official Policy ◽  
The Us ◽  
The World ◽  
Bank Of England

The world economy will grow by 3.0 per cent in 2015 – the slowest rate since the crisis – and 3.5 per cent in 2016.Emerging market economies have slowed, while recoveries remain hesitant in most developed countries.Growth may be boosted by delayed effects of lower oil prices, as well as by accommodative monetary policy and slower fiscal consolidation, but considerable risks remain.We still expect the US Federal Reserve to lead the turn in official policy rates in September, with the Bank of England following in February 2016.

Chapter II. The World Economy

1986 ◽  
Vol 117 ◽  
pp. 20-29
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Oil Prices ◽  
Final Demand ◽  
Total Output ◽  
Cold Winter ◽  
The Us ◽  
The World ◽  
Initial Effect ◽  
Small Rise

Fuller data confirm the impression which we formed in May that OECD countries' total output did not change much in the first quarter. It probably increased by about ¼ per cent, with even this small rise attributable wholly to stock movements in the US. Final demand in the US fell and there were declines in total output in a number of countries, including Japan, Germany, Australia, the Netherlands, Switzerland and possibly Italy (for which there are conflicting estimates), white France achieved only marginal growth. The fall was notably severe in Germany, where construction suffered badly in the cold winter. This probably had a wider impact also, and, in North America at least, the initial effect of the slump in oil prices seems to have been depressive, with drilling activity sharply reduced, especially in the US. There may also have been a tendency for expenditure, perhaps on investment in particular, to be deferred in the expectation of falling prices and interest rates.

The International System, Labor-Force Structure, and the Growth and Distribution of National Income, 1950–1980

1992 ◽  
Vol 35 (2) ◽  
pp. 249-282 ◽  
Author(s):  
Robert Fiala
Keyword(s):  
Labor Force ◽  
World Economy ◽  
International System ◽  
National Income ◽  
National Development ◽  
Developed Countries ◽  
Force Structure ◽  
The World ◽  
Residual Plots ◽  
Cross National

The primary goal of the present study is to use cross-national data on labor-force structure to examine the manner in which the international system shapes the character of national development, and the consequences of variation in development strategy for the growth and distribution of national income. A complementary goal is to illustrate the use of residual plots to overcome the “black box” character of cross-national studies, and thereby provide a bridge to case-study research. Multivariate analyses and residual plots provide results congruent with both world-political-economy and developmental perspectives, and indicate that the world economy may be used by lesser developed countries to obtain more rapid and equitable economic growth, although this was not a natural outcome of the world economy in the 1960s and 1970s.

scholarly journals Relationship between Sustainable Development of Branches of Fuel and Energy Complex and Growth GDP

2019 ◽  
Vol 8 (2S11) ◽  
pp. 3760-3763 ◽  
Keyword(s):  
Regression Analysis ◽  
System Performance ◽  
World Economy ◽  
Energy System ◽  
Developed Countries ◽  
Energy Resources ◽  
Gdp Growth ◽  
The World ◽  
Cross Country ◽  
The Relationship

The article discusses the relationship between the development of fuel and energy Uzbekistan with GDP growth (gross domestic product). Data are provided on the forecast growth rates of the world economy, the average developed countries and Uzbekistan, factors for ensuring GDP growth in tandem with the efficiency of the use of fuel and energy resources. Based on the cross-country regression analysis, the model of the influence of the energy system performance index (EAPI) on GDP growth is shown.

Chapter II. The World Economy

1974 ◽  
Vol 70 ◽  
pp. 23-37
Keyword(s):  
United States ◽  
World Economy ◽  
Developed Countries ◽  
The United States ◽  
Oecd Countries ◽  
The Other ◽  
Industrial Countries ◽  
The World ◽  
World Economic ◽  
Economic Position

The world economic position and prospects have worsened further in the last three months. In the United States and Japan, in particular, recessionary conditions are proving to be more marked and more prolonged than we had expected, and it looks as though by the end of the year all the major industrial countries, with the possible exception of France, will have experienced at least one quarter in which output has fallen or at best shown no appreciable rise. The other developed countries have fared better, but we no longer expect there to be any growth of output in the OECD area either in the second half of the year or in the year as a whole. In 1975 the position should be rather better, at least by the second half. We expect OECD countries' aggregate GNP to grow by about 2 per cent year-on-year and nearly 3 per cent between the fourth quarters of 1974 and 1975.

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