scholarly journals An Evaluation of the World Economic Outlook Forecasts

2006 ◽  
Vol 06 (59) ◽  
pp. 1 ◽  
Author(s):  
Allan Timmermann ◽  
Keyword(s):  
The World ◽  
World Economic ◽  
Economic Outlook

Competitiveness of dried sector: A case study of world and Turkey

2020 ◽  
Vol 66 (No. 8) ◽  
pp. 365-372
Author(s):  
Tunahan Erdem
Keyword(s):  
Agricultural Products ◽  
The Other ◽  
Local Currency ◽  
Political Crises ◽  
The World ◽  
World Economic ◽  
World Economic Crisis ◽  
Specific Country ◽  
Economic Outlook

The study aimed to reveal the competitiveness of the world dried sector for some selected products such as dried apples, prunes, apricots, figs, and grapes. In the study, the data was subjected to the Revealed Comparative Advantage (RCA), Relative Export Advantage (RXA), Relative Import Advantage (RMA), Relative Trade Advantage (RTA) and Relative Competitiveness (RC) indices. RCA is an index developed by Balassa to determine the competitiveness of a specific country for selected products or goods. To demonstrate the economic outlook for the world dried sector, the 2007 to 2017 data of China, USA, Chile, Germany, Iran, the Netherlands, South Africa, France, Uzbekistan, Argentina, Spain, Turkey, and India were compared, these countries dominating the sector of selected dried agricultural products. The results demonstrated that the world dried sector is very responsive to economic crises and to local currency rate. The RCA index was found to be 4.66 in 2007 for Turkey and it decreased to 4.45 by 2009 during the world economic crisis. The other breaking point was 2013 when Turkey experienced both economic and political crises.

scholarly journals The Great Depression analogy

2010 ◽  
Vol 17 (2) ◽  
pp. 127-140 ◽  
Author(s):  
Michael Bordo ◽  
Harold James
Keyword(s):  
Economic Theory ◽  
Great Depression ◽  
Rapid Decline ◽  
Human History ◽  
Industrial Activity ◽  
The Great Depression ◽  
The World ◽  
Bank Of England ◽  
World Economic ◽  
Economic Outlook

In the discussion of our contemporary economic disease, the Great Depression analogy refuses to go away. Almost every policy-maker referred to conditions that had ‘not been seen since the Great Depression’, even before the failure of Lehman. Some even went further – the Deputy Governor of the Bank of England notably called the crisis the worst ‘financial crisis in human history’. In its April 2009 World Economic Outlook, the IMF looked explicitly at the analogy not only in the collapse of financial confidence, but also in the rapid decline of trade and industrial activity across the world. In general, history rather than economic theory seems to offer a guide in interpreting wildly surprising and inherently unpredictable events. Some observers, notably Paul Krugman, have concluded that a Dark Age of macroeconomics has set in.

The World and Vietnamese Economy in 2017, Prospects for 2018 and Some Policy Implications for Vietnam

2018 ◽  
Vol 34 (1) ◽  
Author(s):  
Nguyen Cam Nhung ◽  
Vu Thanh Huong ◽  
Nguyen Thi Minh Phuong
Keyword(s):  
Economic Growth ◽  
World Trade Organization ◽  
World Trade ◽  
Sustainable Growth ◽  
Policy Implications ◽  
Director General ◽  
Viet Nam ◽  
The World ◽  
World Economic ◽  
Economic Outlook

This paper assesses the comprehensive macroeconomic picture of the world and Vietnam in 2017 and forecasts the outlook for 2018, and then making some policy implications for Vietnam. The world economy in 2017 is considered to be the most prosperous since 2011, thanks to the steady growth of key economies, bounced global trade, and favorable global financial conditions. However, as slow and uncertain global investment growth as well as many unpredictable factors in US government policy and Brexit, and political risks from tensions of the Korean Peninsula, 2018 will continue to witness unpredictable developments in the global economy. Faced with that situation, together with internal difficulties in the country, Vietnam should have flexible solutions, high determination and act in a drastic way in order to achieve the objectives on the economic growth and inflation as outlined. In addition, Vietnam should continue to promote the trade facilitation activities, the improvement of the business investment environment, take advantage of new opportunities to attract foreign investment capital for infrastructure construction, keep on innovating, and enhance the competitiveness to bring our economy to the path of rapid and sustainable development. Keywords Economic growth, inflation rate, monetary, trade, investment References 1. Bộ Ngoại giao Việt Nam (2017). Tình hình và triển vọng kinh tế thế giới, tháng 8/2017. 2. IMF [International Monetary Fund] (2017b). World Economic Outlook update, July 2017: A firming recovery. 3. IMF (2017c). World Economic Outlook. October 2017. Seeking Sustainable Growth: Short-term Recovery, Long-term Challenges. 4. OECD [Organization for Economic Cooperation and Development ] (2017). Global Economic Outlook, Jun 2017. http://www.oecd.org/eco/economicoutlook.htm, truy cập ngày 19/09/20175. NIESR [National Institute Economic and Social Research] (2017). Global Economic Forecast. National Institute Economic Review no. 241 August 2017. 6. UNCTAD (2017). World Investment Report 2017: Investment and the Digital Economy. United Nations Publication, Genveva: United Nation. 7. Tổng cục Hải quan (2017), Tình hình xuất khẩu, nhập khẩu hàng hoá của Việt Nam tháng 8 và 8 tháng đầu năm 2017. 8. UN (2017). World Economic Situation and Prospects 2018. https://www.un.org/development/desa/dpad/wp-content/uploads/sites/45/publication/WESP2018_Full_Web-1.pdf.9. WTO (2017a). Monthy world trade data. Retrieved from: https://http://www.wto.org/english/res_e/statis_e/short_term_stats_e.htm 10. WTO (2017b). Report to the TPRB from the Director-General on Trade-Related Developments Geneva World Trade Organization 11. WTO (2017c). World Trade Outlook Indicator. Geneva The World Trade Organization

Sign in / Sign up

Export Citation Format

Share Document