Economic and fiscal outlook

Economic and fiscal outlook PDF Author: Office for Budget Responsibility
Publisher: The Stationery Office
ISBN: 9780101797924
Category : Business & Economics
Languages : en
Pages : 164

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Book Description
The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.

Economic and fiscal outlook

Economic and fiscal outlook PDF Author: Office for Budget Responsibility
Publisher: The Stationery Office
ISBN: 9780101797924
Category : Business & Economics
Languages : en
Pages : 164

Get Book Here

Book Description
The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.

OECD Economic Outlook, Volume 2019 Issue 2

OECD Economic Outlook, Volume 2019 Issue 2 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926457512X
Category :
Languages : en
Pages : 229

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Book Description
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.

OECD Economic Outlook, Volume 2020 Issue 1

OECD Economic Outlook, Volume 2020 Issue 1 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264700617
Category :
Languages : en
Pages : 336

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Book Description
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country.

OECD Economic Outlook, Volume 2021 Issue 2

OECD Economic Outlook, Volume 2021 Issue 2 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264655719
Category :
Languages : en
Pages : 225

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Book Description
The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.

OECD Economic Outlook

OECD Economic Outlook PDF Author: Organisation for Economic Co-operation and Development
Publisher:
ISBN:
Category : Commercial statistics
Languages : en
Pages : 668

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Book Description


OECD Economic Outlook, Volume 2019 Issue 1

OECD Economic Outlook, Volume 2019 Issue 1 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264319476
Category :
Languages : en
Pages : 230

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Book Description
This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.

Inequality and Fiscal Policy

Inequality and Fiscal Policy PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1513567756
Category : Business & Economics
Languages : en
Pages : 450

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Book Description
The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda. The challenge for many governments is to address concerns over rising inequality while simultaneously promoting economic efficiency and more robust economic growth. The book delves into this discussion by analyzing fiscal policy and its link with inequality. Fiscal policy is the government’s most powerful tool for addressing inequality. It affects households ‘consumption directly (through taxes and transfers) and indirectly (via incentives for work and production and the provision of public goods and individual services such as education and health). An important message of the book is that growth and equity are not necessarily at odds; with the appropriate mix of policy instruments and careful policy design, countries can in many cases achieve better distributional outcomes and improve economic efficiency. Country studies (on the Netherlands, China, India, Republic of Congo, and Brazil) demonstrate the diversity of challenges across countries and their differing capacity to use fiscal policy for redistribution. The analysis presented in the book builds on and extends work done at the IMF, and also includes contributions from leading academics.

OECD Economic Outlook, Volume 2015 Issue 1

OECD Economic Outlook, Volume 2015 Issue 1 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264220224
Category :
Languages : en
Pages : 356

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

Realizing Indonesia's Economic Potential

Realizing Indonesia's Economic Potential PDF Author: Mr.Luis E Breuer
Publisher: International Monetary Fund
ISBN: 148433714X
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
Analytical work on Indonesian macroeconomic and financial issues, with an overarching theme on building institutions and policies for prosperity and inclusive growth. The book begins with a 20-year economic overview by former Finance Minister Chatib Basri, with subsequent chapters covering diverse sectors of the economy as well as Indonesia’s place in the global economy.

World Economic Outlook, October 2020

World Economic Outlook, October 2020 PDF Author: International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781513556055
Category : Business & Economics
Languages : en
Pages : 203

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Book Description
The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.