OECD economic outlook. 97, June 2015.

Format:

Book

Contributor:

Organisation for Economic Co-operation and Development, issuing body.

Series:

OECD Economic Outlook, 1609-7408

Language:

English

Subjects (All):

Economic development--OECD countries.

Economic development.

OECD countries--Economic conditions.

OECD countries.

OECD countries--Economic policy.

Physical Description:

1 online resource (356 p.)

Place of Publication:

Paris, [France] : OECD, 2015.

Language Note:

English

Summary:

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a special chapter on investment and a statistical annex. Contents Chapter 1. General assessment of the macroeconomic situation Chapter 2. Developments in individual OECD countries and selected non-member economies Chapter 3. Lifting investment for higher sustainable growth Statistical Annex

Contents:

""Table of contents""; ""Summary of projections""; ""Editorial: The B-Minus World Economy: Investment is Key to Getting a Better Grade""; ""Chapter 1. General Assessment of the Macroeconomic Situation""; ""Introduction""; ""The outlook in a nutshell""; ""Box 1.1. Policy and other assumptions underlying the projections""; ""Table 1.1. The global recovery will gain momentum only slowly""; ""Figure 1.1. Global growth is set to recover""; ""Figure 1.2. Main OECD economies: macroeconomic projections""; ""Figure 1.3. Growth will differ markedly across the BRICs""

""Main issues for economic prospects""""Figure 1.4. Many currencies have depreciated against the US dollar""; ""Figure 1.5. Divergence in monetary policy stances has increased""; ""Figure 1.6. Financial conditions and corporate debt flows have been diverging""; ""Table 1.2. Exchange rate and price developments since mid-2014 in the United States, the euro area and Japan""; ""Figure 1.7. Net exports are projected to contribute negatively to growth in the United States in contrast with other areas""; ""Figure 1.8. Foreign currency borrowing has increased in several EMEs""

""Figure 1.9. Net foreign asset valuation effects from a 10% US dollar appreciation""""Figure 1.10. Commodity prices have fallen""; ""Table 1.3. World trade will strengthen gradually""; ""Figure 1.11. The oil price decline has different effects across country groups""; ""Box 1.2. Potential oil price developments in the medium and longer term""; ""Past and projected developments in the oil market""; ""Figure 1.12. Inflation expectations have picked up""; ""Table 1.4. OECD labour market conditions are likely to improve slowly""; ""Figure 1.13. Labour market slack indicators""

""Figure 1.14. Labour compensation""""Figure 1.15. Monthly inflation rates""; ""Figure 1.16. Retail sales""; ""Figure 1.17. Labour productivity and investment""; ""Figure 1.18. Real business investment growth has been weak compared with previous cycles""; ""Box 1.3. The contribution of weaker investment to slower potential growth""; ""Decomposition of the growth rate of OECD potential output per capita""; ""Risks to the outlook""; ""Box 1.4. Quantitative easing and household wealth""; ""Characteristics of household financial balance sheets in 2013""

""The cumulative distribution of total financial assets""""Table 1.5. Negative sovereign bond yields have become increasingly common""; ""Figure 1.19. Equity prices have increased""; ""Figure 1.20. Volatility in bond markets has increased""; ""Figure 1.21. Financial conditions have converged among euro area members""; ""Policy requirements""; ""Table 1.6. Fiscal positions will continue to improve""; ""Figure 1.22. Government debt dynamics""; ""Box 1.5. Challenges to anchoring the public finances in the medium term with the euro area fiscal rules""; ""Potential growth output estimates""

""Bibliography""

Notes:

"June 2015"--Cover.

Includes bibliographical references.

Description based on online resource; title from PDF title page (ebrary, viewed July 15, 2015).

ISBN:

92-64-22022-4