EconPapers    
Economics at your fingertips  
 

Chapter 1: Macroeconomic Outlook

LarsCalmfors, GiancarloCorsetti, JohnHassler, GillesSaint-Paul, Hans-WernerSinn, Jan-EgbertSturm, ÁkosValentinyi and XavierVives
Authors registered in the RePEc Author Service: Akos Valentinyi (), Xavier Vives (), Jan-Egbert Sturm (), Gilles Saint-Paul (), Giancarlo Corsetti (), John Hassler () and Hans-Werner Sinn ()

EEAG Report on the European Economy, 2012, 17-56

Abstract: Global economic conditions have deteriorated considerably since summer 2011. Europe in particular has been obliged to revise its growth expectations sharply downwards. The debt crisis and its consequences have stifled demand worldwide, even impacting regions that have long been developing dynamically, like East Asia. The only recent ray of hope came from the US economy, which outperformed forecasts last autumn. Overall, the world economy is expected to expand at a slower pace during the winter of 2011–2012 and to recover tentatively over the rest of the year. This forecast is based on the assumption, however, that the debt crisis in Europe will not worsen.

Date: 2012
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.cesifo.org/DocDL/eeag_report_chap1_2012.pdf (application/pdf)

Related works:
Journal Article: Chapter 1: Macroeconomic Outlook (2015) Downloads
Journal Article: Chapter 1: Macroeconomic Outlook (2014) Downloads
Journal Article: Chapter 1: Macroeconomic Outlook (2013) Downloads
Journal Article: Chapter 1: The Macroeconomic Outlook (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:eeagre:v::y:2012:i::p:17-56

Access Statistics for this article

More articles in EEAG Report on the European Economy from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().

 
Page updated 2020-07-16
Handle: RePEc:ces:eeagre:v::y:2012:i::p:17-56