[PDF] Regional Economic Outlook November 2017 Europe eBook

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 150 pages
File Size : 18,26 MB
Release : 2017-11-13
Category : Business & Economics
ISBN : 1484319613

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The European recovery is strengthening and broadening appreciably. Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018. These are large upward revisions—0.5 and 0.2 percentage point for 2017 and 2018, respectively—relative to the April World Economic Outlook. The European recovery is spilling over to the rest of the world, contributing significantly to global growth. In a few advanced and many emerging economies, unemployment rates have returned to precrisis levels. Most emerging market European economies are now seeing robust wage growth. In many parts of Europe, however, wage growth is sluggish despite falling unemployment.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 39 pages
File Size : 13,29 MB
Release : 2023-11-07
Category : Business & Economics
ISBN :

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Europe is at a turning point. After last year’s crippling energy price shock caused by Russia’s invasion of Ukraine, Europe faces the difficult task of restoring price stability now while securing strong and green growth in the medium term. Economic activity has started to cool and inflation to fall as a result of monetary policy action, phasing-out supply shocks, and falling energy prices. Sustained wage growth could, however, delay achieving price stability by 2025. Failing to tackle inflation now will risk additional growth damage in a world exposed to structural shocks from fragmentation and climate change. These global headwinds add to Europe’s long-standing productivity and convergence problems. To lift Europe’s potential for strong and green growth, countries need to remove obstacles to economic dynamism and upgrade infrastructure. This will strengthen business-friendly conditions and investment. Cooperation at the European level and with international partners will position Europe as a leader in the climate transition and support economic stability across the continent.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 150 pages
File Size : 21,83 MB
Release : 2017-11-13
Category : Business & Economics
ISBN : 1484326601

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The European recovery is strengthening and broadening appreciably. Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018. These are large upward revisions—0.5 and 0.2 percentage point for 2017 and 2018, respectively—relative to the April World Economic Outlook. The European recovery is spilling over to the rest of the world, contributing significantly to global growth. In a few advanced and many emerging economies, unemployment rates have returned to precrisis levels. Most emerging market European economies are now seeing robust wage growth. In many parts of Europe, however, wage growth is sluggish despite falling unemployment.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 58 pages
File Size : 28,15 MB
Release : 2022-10-13
Category : Business & Economics
ISBN :

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The war in Ukraine is taking a growing toll on Europe’s economies. The worsening energy crisis has depressed households’ purchasing power and raised firms’ costs, only partly offset by new government support. Central banks in the region and the world are acting more forcefully to bring high and persistent inflation down to targets, and global financial conditions have tightened. European policymakers are facing severe trade-offs and tough policy choices. A tightening macroeconomic policy stance is needed to bring down inflation, while helping vulnerable households and viable firms weather the energy crisis. But policies need to stay nimble and agile and adjust should additional shocks materialize.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 28 pages
File Size : 35,92 MB
Release : 2018-11-08
Category : Business & Economics
ISBN : 1484375408

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Economic activity continued to expand in the first half of 2018, albeit at a slower-than-expected pace, mainly in advanced Europe. Domestic demand, supported by stronger employment and wages, remains the main engine of growth. However, the external environment has become less supportive and is expected to soften further in 2019 owing to slowing global demand, trade tensions, and higher energy prices. Tighter financial conditions in vulnerable emerging market economies and maturing business cycles are also weighing on activity. Accordingly, growth is projected to moderate from 2.8 percent in 2017 to 2.3 percent in 2018 and 1.9 percent in 2019. That said, it is expected to remain above potential in most countries in the region.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 40 pages
File Size : 28,44 MB
Release : 2023-04-28
Category : Business & Economics
ISBN :

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Economic growth has tumbled across Europe, inflation remains too high, and financial sector risks have materialized. Taming sticky inflation while avoiding financial stress and a recession will require tighter macroeconomic policies—tailored to changing financial conditions, stronger financial regulation and supervision, and bolder supply-side reforms that heal scars from the COVID-19 and energy crises.

Author : OECD
Publisher : OECD Publishing
Page : 340 pages
File Size : 21,71 MB
Release : 2017-06-30
Category :
ISBN : 9264277641

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The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 106 pages
File Size : 19,46 MB
Release : 2018-05-15
Category : Business & Economics
ISBN : 1484355067

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Europe continues to enjoy a strong growth spurt. Growth has firmed up in many European economies and the forecast is for more of the same. Real GDP increased by 2.8 percent in 2017, up from 1.8 percent in 2016. The expansion is largely driven by domestic demand, with investment increasingly contributing. Credit growth has finally picked up, which is helping Europe’s banks to rebuild profitability. While leading indicators have recently begun to ease, they remain at high levels. Accordingly, the forecast is for growth to stay strong, reaching 2.6 percent in 2018 and 2.2 percent in 2019. Amid the good times, however, fiscal adjustment and structural reforms efforts are flagging.