Mexico's weak GDP growth will outlast Pena Nieto

2016 ◽  
Keyword(s):  
Latin American ◽  
Economic Reforms ◽  
Gdp Growth ◽  
Short Term ◽  
Severe Problem ◽  
Content Type ◽  
World Economic ◽  
The Government ◽  
Latin American Countries ◽  
Economic Outlook

Subject GDP growth shows no sign of improving in the short-term. Significance In its most recent update to its World Economic Outlook, the IMF lowered its forecast for Mexico's 2016 GDP growth to 2.4% from 2.6% foreseen in January. This figure compares well with other Latin American countries -- notably Brazil and Venezuela -- yet it marks the continuation of a trend of meagre expansion that has characterised President Enrique Pena Nieto's time in office despite his efforts to introduce economic reforms. Impacts Further reform to encourage greater flexibility in the labour market will be key to increasing small business productivity. Low growth and a lack of prospects for the young will feed into Mexico's rising crime rates. The lack of growth could become a severe problem for the government both directly and indirectly in the 2018 election.

Widening imbalances to weigh on Colombia growth

2019 ◽  
Keyword(s):  
External Debt ◽  
Gdp Growth ◽  
Upward Trend ◽  
Short Term ◽  
Price Expectations ◽  
Content Type ◽  
Financial Conditions ◽  
Inflationary Pressure ◽  
World Economic ◽  
Economic Outlook

Subject Colombia's economy. Significance The Colombian economy is forecast to grow 3.5% in 2019 and 3.6% in 2020 according to the IMF's latest World Economic Outlook released this month. After three years of underperformance, the economy is gaining momentum. Nevertheless, domestic-led growth coupled with dwindling oil production will pose short-term challenges to external and public accounts. Impacts The Bank of Colombia will keep its benchmark interest rate steady amid modest inflationary pressure and declining price expectations. The oil sector’s contribution to GDP growth will fall due to shrinking production, weaker prices, insecurity and underinvestment. The upward trend of external debt intensifies Colombia’s vulnerability to tighter financial conditions.

Competitiveness of dried sector: A case study of world and Turkey

2020 ◽  
Vol 66 (No. 8) ◽  
pp. 365-372
Author(s):  
Tunahan Erdem
Keyword(s):  
Agricultural Products ◽  
The Other ◽  
Local Currency ◽  
Political Crises ◽  
The World ◽  
World Economic ◽  
World Economic Crisis ◽  
Specific Country ◽  
Economic Outlook

The study aimed to reveal the competitiveness of the world dried sector for some selected products such as dried apples, prunes, apricots, figs, and grapes. In the study, the data was subjected to the Revealed Comparative Advantage (RCA), Relative Export Advantage (RXA), Relative Import Advantage (RMA), Relative Trade Advantage (RTA) and Relative Competitiveness (RC) indices. RCA is an index developed by Balassa to determine the competitiveness of a specific country for selected products or goods. To demonstrate the economic outlook for the world dried sector, the 2007 to 2017 data of China, USA, Chile, Germany, Iran, the Netherlands, South Africa, France, Uzbekistan, Argentina, Spain, Turkey, and India were compared, these countries dominating the sector of selected dried agricultural products. The results demonstrated that the world dried sector is very responsive to economic crises and to local currency rate. The RCA index was found to be 4.66 in 2007 for Turkey and it decreased to 4.45 by 2009 during the world economic crisis. The other breaking point was 2013 when Turkey experienced both economic and political crises.

Nowcasting global trade in goods and services

2020 ◽  
pp. 1-19
Author(s):  
Fernando Cantú-Bazaldúa
Keyword(s):  
Real Time ◽  
Relevant Information ◽  
Global Trade ◽  
Dynamic Factor ◽  
Timely Manner ◽  
Short Term ◽  
Dynamic Factor Models ◽  
Significant Information ◽  
Goods And Services ◽  
World Economic

World economic aggregates are compiled infrequently and released after considerable lags. There are, however, many potentially relevant series released in a timely manner and at a higher frequency that could provide significant information about the evolution of global aggregates. The challenge is then to extract the relevant information from this multitude of indicators and combine it to track the real-time evolution of the target variables. We develop a methodology based on dynamic factor models adapted for variables with heterogeneous frequencies, ragged ends and missing data. We apply this methodology to nowcast global trade in goods in goods and services. In addition to monitoring these variables in real time, this method can also be used to obtain short-term forecasts based on the most up-to-date values of the underlying indicators.

scholarly journals An Evaluation of the World Economic Outlook Forecasts

2006 ◽  
Vol 06 (59) ◽  
pp. 1 ◽  
Author(s):  
Allan Timmermann ◽  
Keyword(s):  
The World ◽  
World Economic ◽  
Economic Outlook

scholarly journals INFORMATION ECONOMY: A NEW PARADIGM FOR ENTERPRISE MANAGEMENT

2019 ◽  
pp. 77-82
Author(s):  
Inna KOTKALOVA-LYTVYN
Keyword(s):  
Industrial Society ◽  
Enterprise Management ◽  
Present Stage ◽  
New Paradigm ◽  
Information Economy ◽  
Economic Paradigm ◽  
Evolutionary Changes ◽  
World Economic ◽  
Post Industrial ◽  
Economic Outlook

The article investigates essence and content of the information economy, which, at the present stage of the global ecosystem is changing traditional narratives of economic theory. Article studies influence of post-industrial society to the origin of the information economy paradigm statements and its ecosystem. The author systematized conceptual provisions of foreign and domestic scientists on the essence and content of the information economy in the context of the evolution of development of this economic paradigm (starting from theory’s inception in 60s of the twentieth century up to modern theoretical and methodological developments). Based on research, the author concluded that the information economy is not just post-industrial wave of development. It is a separate, independent paradigm of world economic outlook, which is the result of evolutionary changes in the technological, economic, political and social arrangement on the general international level.

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