World Economic Outlook, October 2017: Seeking Sustainable Growth: Short-Term Recovery, Long-Term Challenges

2017 ◽  
Author(s):  
International Monetary Fund. Research Dept.
Keyword(s):  
Sustainable Growth ◽  
Short Term ◽  
World Economic ◽  
Economic Outlook

scholarly journals The financial and structural capabilities of key infrastructure sectors in Serbia

2012 ◽  
Vol 57 (195) ◽  
pp. 7-42 ◽  
Author(s):  
Dejan Malinic ◽  
Vlade Milicevic
Keyword(s):  
Sustainable Growth ◽  
Economic Prosperity ◽  
Strategic Decisions ◽  
Short Term ◽  
Economic Sectors ◽  
Financial Strength ◽  
Energy Transportation ◽  
Economic Growth Rates ◽  
Insight Into

Experts and economic policy creators debate various economic growth rates without a direct insight into the capabilities of the different economic sectors motivated us to devote this paper to the research of key infrastructure sector capabilities, both in terms of the economic prosperity of the Serbian national economy and as a support for the development of other sectors. This paper examines the energy, transportation, and telecommunications sectors? exposure to short-term and long-term risks, and assesses their financial strength, investment possibilities, and long-term profitability. We believe that the following results will be a valuable information input for making better strategic decisions and more expedient planning of economic sustainable growth.

Mexico's weak GDP growth will outlast Pena Nieto

2016 ◽  
Keyword(s):  
Latin American ◽  
Economic Reforms ◽  
Gdp Growth ◽  
Short Term ◽  
Severe Problem ◽  
Content Type ◽  
World Economic ◽  
The Government ◽  
Latin American Countries ◽  
Economic Outlook

Subject GDP growth shows no sign of improving in the short-term. Significance In its most recent update to its World Economic Outlook, the IMF lowered its forecast for Mexico's 2016 GDP growth to 2.4% from 2.6% foreseen in January. This figure compares well with other Latin American countries -- notably Brazil and Venezuela -- yet it marks the continuation of a trend of meagre expansion that has characterised President Enrique Pena Nieto's time in office despite his efforts to introduce economic reforms. Impacts Further reform to encourage greater flexibility in the labour market will be key to increasing small business productivity. Low growth and a lack of prospects for the young will feed into Mexico's rising crime rates. The lack of growth could become a severe problem for the government both directly and indirectly in the 2018 election.

scholarly journals A Comparative Analysis of Machine Learning Approaches for Short-/Long-Term Electricity Load Forecasting in Cyprus

2020 ◽  
Vol 12 (9) ◽  
pp. 3612 ◽  
Author(s):  
Davut Solyali
Keyword(s):  
Machine Learning ◽  
Power Generation ◽  
Historical Data ◽  
Sustainable Growth ◽  
Solar Irradiation ◽  
Support Vector ◽  
Short Term ◽  
Inference System ◽  
Electricity Load

Estimating the electricity load is a crucial task in the planning of power generation systems and the efficient operation and sustainable growth of modern electricity supply networks. Especially with the advent of smart grids, the need for fairly precise and highly reliable estimation of electricity load is greater than ever. It is a challenging task to estimate the electricity load with high precision. Many energy demand management methods are used to estimate future energy demands correctly. Machine learning methods are well adapted to the nature of the electrical load, as they can model complicated nonlinear connections through a learning process containing historical data patterns. Many scientists have used machine learning (ML) to anticipate failure before it occurs as well as predict the outcome. ML is an artificial intelligence (AI) subdomain that involves studying and developing mathematical algorithms to understand data or obtain data directly without relying on a prearranged model algorithm. ML is applied in all industries. In this paper, machine learning strategies including artificial neural network (ANN), multiple linear regression (MLR), adaptive neuro-fuzzy inference system (ANFIS), and support vector machine (SVM) were used to estimate electricity demand and propose criteria for power generation in Cyprus. The simulations were adapted to real historical data explaining the electricity usage in 2016 and 2107 with long-term and short-term analysis. It was observed that electricity load is a result of temperature, humidity, solar irradiation, population, gross national income (GNI) per capita, and the electricity price per kilowatt-hour, which provide input parameters for the ML algorithms. Using electricity load data from Cyprus, the performance of the ML algorithms was thoroughly evaluated. The results of long-term and short-term studies show that SVM and ANN are comparatively superior to other ML methods, providing more reliable and precise outcomes in terms of fewer estimation errors for Cyprus’s time series forecasting criteria for power generation.

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

Armenia's long-term growth will need sustained reform

2016 ◽  
Keyword(s):  
Well Being ◽  
Sustainable Growth ◽  
Structural Reforms ◽  
Short Term ◽  
Economic Market ◽  
Content Type ◽  
Russian Economy ◽  
Remittance Flows ◽  
Economic And Financial Crisis

Subject The prospects for structural reform. Significance Armenia's sharp economic contraction in 2009, due to the global economic and financial crisis, should have encouraged the authorities to introduce the long-needed structural reforms that are essential for securing long-term sustainable growth. Armenia's prospects for moving towards a more dynamic economic market system that would help improve the population's well-being are limited. Impacts The main short-term downside risk is a sharper-than-expected contraction of the Russian economy in 2016 and weaker recovery in 2017. Russian weakness would harm Armenia's trade, investment and remittance flows. Failure to allow the private sector to develop more swiftly is discouraging Armenians abroad from returning. The lifting of sanctions on Iran will offer the opportunity to diversify investment and expand trade links. Failure to introduce reforms could lead to further protests against the elite, following the 'Electric Yerevan' demonstrations of mid-2015.

Reforming the French economy will prove difficult

2016 ◽  
Keyword(s):  
Trade Unions ◽  
Policy Making ◽  
Household Consumption ◽  
Short Term ◽  
Content Type ◽  
French Economy ◽  
Percentage Points ◽  
Labour Disputes ◽  
Economic Outlook

Subject France's economic outlook. Significance France's growth is showing signs of revival. In the first quarter, it was supported by household consumption, which contributed 0.6 percentage points (pp) to a quarterly GDP rise of 0.6%. The second-largest contributor was fixed investment by non-financial corporations (0.3 pp), while net trade and inventories detracted 0.2 pp each. On a year-on-year basis, GDP expanded by 1.3%, compared with 1.2% in 2015. Employment is rising, although the unemployment rate remains high, at 10.2%. Impacts Inflation will stay subdued this year and accelerate slightly in 2017. The short-term impact of the labour disputes on the economy and policy-making will be limited. In the long term, a withdrawal of the labour reform would undermine support for reformist trade unions.

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