The World Economy

2017 ◽  
Vol 240 ◽  
pp. F3-F3
Keyword(s):  
World Economy ◽  
Output Growth ◽  
Consumer Confidence ◽  
Economic Policies ◽  
Soft Data ◽  
Medium Term ◽  
National Elections ◽  
Advanced Economies ◽  
The World ◽  
The Face

Global output growth is forecast to pick up from 3.1 per cent in 2016 to 3.3 per cent in 2017 and 3.6 per cent in 2018 – a slightly stronger acceleration than expected in February. Projected medium-term growth is still well below pre-crisis rates.A striking feature of the current conjuncture is unusual uncertainty, particularly about the interpretation of recent ‘soft’ data showing increased business and consumer confidence in the advanced economies, US economic policies, and policies in Europe in the face of national elections in the largest economies.There are significant risks to our growth forecast on both the upside and the downside but of particular concern are the downside risks related to the adoption of more populist policies in advanced economies.

scholarly journals The World Economy

2018 ◽  
Vol 246 ◽  
pp. F3-F3
Keyword(s):  
Global Economy ◽  
World Economy ◽  
List Type ◽  
Medium Term ◽  
Advanced Economies ◽  
The World ◽  
Full Capacity ◽  
Near Term ◽  
Global Growth ◽  
Economic Outlook

The global economy is set to continue to grow at a pace of slightly below 4 per cent a year in the near term.Oil prices have risen further and with some advanced economies appearing to be operating at close to full capacity, there is a risk that inflation will increase. Our expectation is that any rise will be limited.US tariff increases and confrontational trade rhetoric are adding uncertainty to the global economic outlook, with a bias towards slower growth as a consequence.Without a recovery in productivity growth, the pace of economic expansion in the medium term will be slower than at present. Our medium term outlook is for global growth of around 3.5 per cent a year.

scholarly journals The World Economy: Forecast Summary

2018 ◽  
Vol 244 ◽  
pp. F3-F3
Keyword(s):  
Productivity Growth ◽  
Global Economy ◽  
World Economy ◽  
List Type ◽  
Medium Term ◽  
Advanced Economies ◽  
The World ◽  
Full Capacity ◽  
Global Growth ◽  
Economic Outlook

Last year the global economy expanded at its fastest pace since 2011. We continue to expect to see slightly faster global growth this year with momentum being carried forward. We expect growth to continue to be broadly based.With some advanced economies appearing to be operating at close to full capacity, a slowdown in the pace of expansion in the medium term is likely unless productivity growth picks up substantially. We retain our view that the medium term outlook is for growth of around 3.5 per cent a year.No economic outlook is without uncertainties. Issues such as increases in tariffs, the effect of the gradual removal of monetary accommodation and the prolonged persistence of low inflation, create potential for surprises to the forecast.

The World Economy

2017 ◽  
Vol 241 ◽  
pp. F3-F3
Keyword(s):  
Euro Area ◽  
Economic Performance ◽  
World Economy ◽  
Central Banks ◽  
Gdp Growth ◽  
Political Uncertainty ◽  
Medium Term ◽  
Advanced Economies ◽  
The World ◽  
Economic Imbalances

Forecast for world GDP growth in 2017 has been revised up to 3.6 per cent, which would be the fastest growth in six years. Growth projections for 2018 and the medium term are unchanged, at 3.6 and 3.4 per cent, respectively. Inflation forecast has nevertheless generally been revised down slightly.In the Euro Area, stronger economic performance, together with reduced political uncertainty, provides an opportunity for action to complete the monetary union and reduce economic imbalances.To avoid jeopardising the recovery, central banks in the advanced economies will have to manage policy normalisation with particular caution.

Spillovers to the Global South

2017 ◽  
Author(s):  
Yilmaz Akyüz
Keyword(s):  
World Economy ◽  
Commodity Prices ◽  
Global South ◽  
Capital Inflows ◽  
Global Crisis ◽  
Advanced Economies ◽  
The World ◽  
Run Up ◽  
Global Growth ◽  
Very High

The crisis demolished the myth that EDEs were decoupled from advanced economies and BRICS were becoming new engines of global growth. From 2011 onwards, with the end of the twin booms in commodity prices and capital inflows, growth in EDEs has converged downward towards the depressed levels of advanced economies from the very high levels achieved in the run-up to the global crisis and the immediate aftermath. Loss of momentum is particularly visible in economies that failed to manage the earlier booms prudently. In examining the spillovers from policies in major advanced economies and China to EDEs, the chapter introduces the notion of commodity-finance nexus wherein these markets reinforce each other during both expansions and contractions. The chapter concludes with a brief discussion of policies needed to put the world economy into decent shape and to avoid liquidity and debt crises in EDEs.

ANALYSIS AND PROSPECTS FOR IMPLEMENTATION OF THE INVESTMENT LIBERALIZATION REGIME IN THE WORLD ECONOMY

2021 ◽  
pp. 99-109
Author(s):  
Shokhrukh B. Akhmedov ◽  
◽  
Vladimir M. Kutovoi ◽  
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World Economy ◽  
Trade Openness ◽  
Economic Policies ◽  
Foreign Companies ◽  
The World ◽  
Local Sources ◽  
Political Conditions ◽  
The Impact

The article assesses a significance of the most important component of the agreement on accession to the WTO, namely the agreement on trade-related investment measures (TRIMs), in increasing the attractiveness of developing countries to investors from abroad. In addition, traditional determinants of FDI placement, such as the macroeconomic stability, trade openness, and economic development, are considered. The authors carry out an analysis in the field of regulation of TRIMs by the example of economic policies in developing countries. The study shows that the extent to which TRIMs contributed to achieving the goals varied significantly, reflecting the specific economic and political conditions of the country using them. In some cases, they played a role in encouraging foreign companies to make more use of local sources or increase their exports from the host country. In other cases, the impact seemingly was negligible.

La educación financiera, la BNCC y el currículo: contextos y desafíos de las escuelas públicas brasileñas

2021 ◽  
pp. 79-115
Author(s):  
Alessandra Camargo Godoi ◽  
Sandra Zita Silva Tiné
Keyword(s):  
Civil Society ◽  
Financial Education ◽  
Educational Process ◽  
Term Effect ◽  
Medium Term ◽  
Brazilian Government ◽  
The Social ◽  
The World ◽  
The Face ◽  
Education In Brazil

Financial education has gradually been extending its reach, upported through the efforts of the Brazilian government and organized civil society, in the face of the social and economic challenges besetting the world. Like any educational process, financial education requires planning, engagement and mobilization, even considering that the results do not necessarily have a short- or medium-term effect. Considering the trajectory of financial education in Brazil, this text aims to discuss it within an educational context and describe its trajectory up to incorporation into the National Common Curricular Base (BNCC), highlighting its recognition in this important and most current curricular document in Brazilian education.

scholarly journals Priority directions of development “Uzbekneftegas” jsc in the conditions of globalization of the world economy

2019 ◽  
Vol 139 ◽  
pp. 01008
Author(s):  
G.Zh. Allaeva
Keyword(s):  
Economic Development ◽  
Energy Balance ◽  
Natural Gas ◽  
World Economy ◽  
Economic Globalization ◽  
Hydrocarbon Production ◽  
The World ◽  
The Face ◽  
The Republic

The article considers the role of “Uzbekneftegas” JSC in the economic development of the fuel and energy complex of the Republic in the face of increasing global economic globalization. The structure of the company, the priority areas for the development of JSC activities are shown. The perspective directions in hydrocarbon production are considered. The data on the production, use and distribution of natural gas by sectors of the economy of Uzbekistan are presented, and the structure of the energy balance of the Republic of Uzbekistan is shown.

Summary and Appraisal

1990 ◽  
Vol 134 ◽  
pp. 3-6
Keyword(s):  
Monetary Union ◽  
World Economy ◽  
Oil Prices ◽  
Labour Party ◽  
Economic And Monetary Union ◽  
Economic Policies ◽  
Policy Options ◽  
Foreseeable Future ◽  
The World

Our forecasts, like those of the Treasury published in the Autumn Statement, are based on the assumption that oil prices will fall back next year, as the crisis in the Gulf is resolved. We describe briefly below what might be the consequences, for the world economy and for Britain, if oil prices were to be $45 a barrel for the foreseeable future, as might happen as a result of a long war.In Chapter I our main forecasts assume the continuation of existing economic policies, which we interpret as being consistent with a gradual move towards economic and monetary union. In Chapter III we consider some of the alternative policy options which might be considered if the Labour Party wins the next election.

At a Glance …: The World Economy

2013 ◽  
Vol 225 ◽  
pp. F2-F2
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Emerging Market ◽  
Significant Rise ◽  
List Type ◽  
Slow Recovery ◽  
Term Trend ◽  
Advanced Economies ◽  
The World

The world economy will grow by 3.1 per cent this year, and by 3.6 per cent in 2014: still below longer-term trend.Growth has slowed in key emerging market economies, particularly China, while it remains relatively weak in most advanced economies.A significant rise in the volatility and level of global long-term interest rates is inconvenient for some countries and may slow recovery.

Putinomics

2018 ◽  
Author(s):  
Chris Miller
Keyword(s):  
Economic Policy ◽  
Oil Prices ◽  
Great Power ◽  
Economic Policies ◽  
Economic Stability ◽  
Economic Strategy ◽  
The World ◽  
The Face ◽  
Vladimir Putin

When Vladimir Putin first took power in 1999, he was a little-known figure ruling a country that was reeling from a decade and a half of crisis. In the years since, he has reestablished Russia as a great power. How did he do it? What principles have guided Putin's economic policies? What patterns can be discerned? In this new analysis of Putin's Russia, Chris Miller examines its economic policy and the tools Russia's elite have used to achieve its goals. Miller argues that despite Russia's corruption, cronyism, and overdependence on oil as an economic driver, Putin's economic strategy has been surprisingly successful. Explaining the economic policies that underwrote Putin's two-decades-long rule, Miller shows how, at every juncture, Putinomics has served Putin's needs by guaranteeing economic stability and supporting his accumulation of power. Even in the face of Western financial sanctions and low oil prices, Putin has never been more relevant on the world stage.

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