Mon, Feb 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

OECD: Global economy is moving forward at multiple speeds

Friday, June 07, 2013

Benedicte Gravrand, Opalesque Geneva: - According to the OECD’s latest economic outlook, out last week, "a variety of factors account for the different speeds at which growth is projected to strengthen in advanced economies."

These factors include household deleveraging; health of the financial system; fiscal consolidation; and monetary policy stance (generally supportive but with some variation).

Advanced economies’ growth should strengthen gradually past mid-2013 and through 2014, thanks to monetary policies, better financial market conditions and increased confidence. That is, if everything stays the same.

The country that will mostly benefit from the upturn is the United States, whereas the euro area’s growth will continue to be limited by its own crisis and fiscal and credit issues. Japan will see an irregular growth pattern following its recent policies.

The overall pattern of growth within emerging market economies will be modest, but China will lead and other countries will follow, limited by structural factors and in some cases, stagflationary tendencies.

Labour markets should firm in the U.S. and Japan but unemployment may continue to rise in the euro area, says the OECD.

Inflation is expected to go up a bit in the U.S., as well as Japan. But it should remain low in the euro area, and vary across the large emerging markets.

As for monetary policy, the OECD believes it needs to remain easy in the U.S., and asset purchases be reduce......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways