European economic forecast spring 2015 european commission. Fiscal and monetary stimulus should prevent deeper economic collapses, however. If youre wealthy, 2015 will probably be another year of celebratory wealth creation so know is the best time to learn how to manifest wealth if, on the other hand, youre not, 2015 will feel an awful lot like 2014, 20, 2012, 2011, 2010, and 2009. The aggregated quarterly data are seasonally adjusted. Chinas economic and financial outlook q3, 2015 chinas economy continued to decline in the first half of 2015 affected by weak external demands, overcapacity and deleveraging. Key takeaways indonesia showed resilience as volatility returned to. Economies are listed on the basis of economic size. This edition of the southeast asian economic outlook examines mediumterm growth prospects, recent macroeconomic policy challenges, and structural challenges including human capital, infrastructure and sme development. The economic fallout from the covid19 pandemic is expected to be severe. If, on the other hand, youre not, 2015 will feel an awful lot like 2014, 20, 2012, 2011, 2010, and 2009.
Utilize the expanded set of graphs and charts to enhance your valuation reports, including data on consumer confidence and business optimism, monthly retail sales, monthly jobs created, and much more. Asian development outlook ado series asian development. These files may be downloaded for use in a variety of software. The views and opinions expressed herein are those of the author. Oecd digital economy outlook 2015 the digital economy now permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. Indonesia economic developments and outlook hans anand beck. Once the virus is under control output continue reading worst global recession since wwii. The digital economy now permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. Measured against the euro, the rupiah actually rose in value, and continued to do so in early 2015. The revisions reflect a reassessment of prospects in china, russia, the euro area, and japan as well as weaker activity in some major oil exporters because of the sharp drop in oil prices. Economic outlook is a twiceyearly analysis available for online viewing, download, and in print published by the organisation for economic cooperation and development oecd with economic analysis and forecasts for future economic performance of oecd countries. Economic and financial market outlook september 2015 balancing act.
National economic outlook for real estate markets local. Real gdp, consumer prices, current account balance, and unemployment 52 table 2. Lower investment growth and weak exports tamed growth in the prc to 6. Bank duty earnings economic development economic outlook efforts enterprise entrepreneur exchange exports factors federal financial institutions fixed foreign funds ghulam ishaq ghulam ishaq khan government implementation imports income increase industrial inflation interest free investment. The world bank working for a world free of poverty. Pncs market expectation survey lists the current consensus forecast for key economic data releases for. The asian development outlook analyzes economic and development issues in developing countries in asia. Overview of the world economic outlook projections 2 table 2. If youre wealthy, 2015 will probably be another year of celebratory wealth creation. Pncs economic releases provide analysis of the days major economic indicators and breaking news and how that news or data will shape the overall economic outlook and financial market trends. It is published each marchapril with an update published in september and brief supplements published in july and december.
This paper exists in english only and can be downloaded from. The main version is in english, and it is also published in french and german. Economic outlook for southeast asia, china and india 2015. Several countries are now projected to slip into recession in h1, while all other asean economies are projected to slow significantly. Recovery continues with signs of moderation after a policydriven pickup in mid2016, economic activities continued to gain traction through the fourth quarter, enabling the authorities to meet their fullyear growth.
Papua new guinea economic forecasts 20202022 outlook. Our publications contain economic projections from banks, think tanks and consultancies totalling over 1,600 individual country reports. Economic and financial market outlook balancing act. The weak shortterm growth outlook raises concerns for the labour markets, where a further rise in the already high unemployment rate next year appears likely. Economic management implementation team had anticipated, discussed, and formulated policies with the view of a negative price shock on crude oil prices some of which had been rolled out by the coordinating minister of the economy during her 2015 budget presentation.
Canadas economy to accelerate after sluggish start to. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the peoples republic of china and india. Oecd economic outlook, interim report march 2020 coronavirus. Vice president and chief economist, conference board of canada. This page has economic forecasts for papua new guinea including a longterm outlook for the next decades, plus mediumterm expectations for the next four quarters and shortterm market predictions for the next release affecting the papua new guinea economy. Here are our forecasts for growth, as well as employment gains, for all 50 states.
Emerging market and developing economies need to rebuild macroeconomic policy space to. The information given is free, as are most calls though some operators, phone boxes or hotels may charge you. Economic outlook no 97 june 2015 oecd annual projections economic outlook no 96 november 2014 oecd annual projections economic outlook no 95 may 2014 longterm baseline projections. Link global economic outlook 20152016 united nations.
Agriculture, forestry and fisheries contribution to gsp by state 201415 % contribution to gsp tasmania 9. That said, uncertainty around monetary and fiscal policy and geopolitical risks could weigh on activity. Isbn 9789292548957 print, 9789292548964 pdf issn 01170481 publication stock no. Fls1570883 cataloginginpublication data asian development bank. Meanwhile, some specific issues are analyzed in the report. Toronto, june 3, 2015 the broadbased weakness that kneecapped canadas economy earlier this year will prove to be temporary with stronger performance expected in the latter half of 2015, according to the latest rbc economic outlook issued today by rbc economics. Prospects across the main countries and regions remain uneven. Union services directive, advancing freetrade agree. Todd hirsch, chief economist, atb financial and glen hodgson, sr. Department of labor and wells fargo securities, llc. It also looks at economic disparities between and within countries in the region. Cbo notes unless otherwise indicated, all years referred to in describing the budget outlook are federal fiscal. The world economic outlook weo is a survey by the imf staff published.
This report assesses how countries can maximise the potential of the digital economy as a driver for innovation and inclusive growth, and. The asian development outlook is an annual publication available online and in print produced by the asian development bank adb. While forecasts are reduced for all subregions, east and central asia will grow even more slowly than their 2014 rate. Pendulum swings toward us economy supporting global growth the outlook for the global economy was muddied over the summer as the emerging market economies, led by china, weakened. Nevertheless, the global economy is still far from achieving trend growth, making the recovery the most protracted in the past century. World economic outlook selected topics 177 tables table 1. A prolonged lockdown is the prominent downside risk for most countries. That increase is the net result of a nearly 10 percent jump in mandatory spending, offset by lower net interest payments and discretionary outlays. The impact of the covid19 outbreak on economic prospects is severe. Global growth remains moderate, with uneven prospects across the main countries and regions.
Exports in the region depend on global growth outlook gross exports, percent of gdp, 2015 0 10 20 30 40 50 60 70 80. To help our customers better understand current market conditions and projections, local market monitor provides periodic analyses of national economic trends and their impact on real estate markets. Imf, world economic outlook update, july 2015 note. Economic outlook for 2015 and beyond cfa institute. Imf world economic outlook weo, april 2015 table of contents. Income growth during economic recoveries percent change since recession end, aftertax income 20022006 200920 income growth average aftertax income has contracted 7. Economic outlook for southeast asia, china and india 2018 fostering growth through digitalisation the economic outlook for southeast asia, china and india is a biannual publication on regional economic growth, development and regional integration in emerging asia.
The economic fallout from the covid19 pandemic is expected to be severe several countries are now projected to slip into recession in h1, while all other asean economies are projected to slow significantly. June 2017 january 2017 june 2016 january 2016 june 2015 january 2015 june 2014. They do not represent an official position of the federal reserve bank of richmond or the federal reserve system. Economic outlook may 24, 2018 slide 1 washington state economic and revenue forecast council wa population has grown much faster than the nation since 2010 1 1. Real effective exchange rates are assumed to remain constant at the levels prevailing during may 4june 1, 2015. Relative to last year, the recovery in advanced economies is expected to pick up slightly, while activity in emerging market and developing.
But this, again, is the result of market forces impacting the euro rather than the rupiah, particularly a dodgy economic recovery in the euro area. Real gdp, consumer prices, current account balance, and unemployment 48 table 2. Bank of china issued report for 2015 economic and financial. Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and. Improving long term sentiments in the six months since our midyear 20 report, we have become more optimistic about the recovery from the 200809 recession. China economic outlook first quarter 2016 editorial 1 a softlanding was engineered in china despite elevated financial market tensions in 2015.
Fostering growth through digitalisation economic outlook for. Economic outlook to be released at oecd forum wednesday. Information and communication technologies are transforming the ways social interactions and personal relationships are conducted, with fixed, mobile and broadcast networks converging, and devices and objects. European economic forecast winter 2015 european commission. Exports in the region depend on global growth outlook gross exports, percent of gdp, 2015 0 10 20 30 40 50 60 70 80 ia ji sia dr a a r a s s d m china emerging and dev. Brown, economist january 9, 2015 economic outlook for 2015 and beyond. World economic outlook international monetary fund.
Economic outlook may 24, 2018 slide 6 washington state economic and revenue forecast council employment change by sector, march 2017 march 2018. In the second quarter, growth in main economic indicators such as investment. Economic outlook to be released at oecd forum wednesday 3. The economic outlook for southeast asia, china and india is an annual publication on asias regional economic growth, development and regional integration process. Pncs national economic outlook provides analysis and forecasts of key u. On december 2nd 2014,bank of china issued its report for 2015 economic and financial outlook hereafter referred to as the report. Economic outlook to be released at oecd forum wednesday 3 june 2015 260515the oecd will publish its latest economic outlook, containing analysis and projections for its member countries and other major economies, at 10. Asian development outlook 2018 how technology affects jobs asian development outlook 2018 how technology affects jobs the annual asian development outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in asia and the pacific that make up developing asia. It offers economic analysis and forecasts, as well as an examination of social development issues, for most countries in asia.
Overview of provincial revenue and expenditure 2 foreword to the overview of provincial revenue and expenditure for the 2015 mtef the 2015 mtef budget is tabled at a time of many constraints that impact quite negatively on the fiscal framework of the country. Growth was weak but stabilising until the coronavirus covid19 hit. Recovery continues with signs of moderation after a policydriven pickup in mid2016, economic activities continued to gain traction through the fourth quarter, enabling the authorities to meet their fullyear growth target of 6. Table of key forecasts global overview the disruption relating to the coronavirus is set to cause the steepest fall in global gdp since the second world war. This analysis, developed by ingo winzer, reflects his view on the current outlook for the national economy. May 07, 2015 national economic outlook virginia asian chamber of commerce. The uncertainties in the global economic outlook do not. Imf world economic outlook weo update, january 2015. Efta european free trade association mena middle east and north africa. The international monetary fund imf is an international organization headquartered in washington, d. National economic outlook virginia asian chamber of commerce. Fed goes all in to support economy and financial system. Gdp of the first quarter grew 7%, the slowest during the past 24 quarters. Economic outlook update business valuation resources.
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