Sun, May 29, 2016
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. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Opalesque Exclusive: $1bn hedge fund club grows to 668 managers, continues to dominate (Part One)[more]

    Komfie Manalo, Opalesque Asia: Despite an underwhelming 2015 and a slow start to 2016 in terms of performance, one group of managers that continues to dominate the assets of the hedge fund industry is the so called $1bn club – hedge fund managers with at least $1bn in assets under management (AU