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Enregistrement W252155167

Growth in Industrial Countries Stalls

2011· article· en· W252155167 sur OpenAlexaboutno aff
Evangelos Otto Simos

Notice bibliographique

Revue˜The œjournal of business forecasting · 2011
Typearticle
Langueen
DomaineEconomics, Econometrics and Finance
ThématiqueEconomic Theory and Policy
Établissements canadiensnon disponible
Organismes subventionnairesnon disponible
Mots-clésEconomicsAusterityWarrantInvestment (military)Financial crisisFinancial marketEconomic recoveryMonetary economicsMacroeconomicsFinance
DOInon disponible

Résumé

récupéré en direct d'OpenAlex

Dr. Simos is Director of Forecasting at e-forecasting.com, a division of Infometrica's Data Center, 65 Newmarket Road, Durham, NH 03824, U.S.A., www.infometrica.com, eosimos@e-forecasting.com. This report does not purport to be a complete description of global economic conditions and financial markets. Neither the Journal nor Infometrica, Inc. guarantee the accuracy of the projections, nor do they warrant in any way that the use of information or data appearing herein will enhance operational or investment performance of individuals or companies who use it. The views presented here are those of the author, and in noway represent the views, analysis, or models of Infometrica, Inc. and any organization that the author may be associated with. I. GLOBAL ASSESSMENT AND OUTLOOK Fiscal austerity, after a spending spree generating ballooning and inept monetary policy, has continued to increase downside risks to economic growth in industrial countries. Consumers and businesses have lost confidence thus weakening demand for resources and goods, evidenced by a lack of expansionary investment, hiring, and levels of consumer sentiment that were associated in the past with war times and depression. Central banks are buying - using printing machines - whatever is worthless in the balance sheets of failed financial institutions. To add further uncertainty to the markets, central banks announce near-zero rate policies for several years, thus signaling to markets that stagnation is not transitory but it will be alive and kicking for many years. Following anemic growth in real output by an annual rate of 1.2% in the first quarter of 2011, preliminary data on the second quarter shows that the combined output of the member countries of the Organization for Economic Cooperation and Development (OECD) - the 34 richest economies in the world - slowed to 0.8% annual growth from the previous quarter. Checking up on the major economies, real output edged up 1% in the United States and 0.8% in both the Euro Area and the United Kingdom. Within the Euro Area, real output rose in Germany by 0.4%, compared with 5.2% in the first quarter, and growth completely stalled in France, compared with 3.6% in the first quarter. Real output declined in Canada and Japan by 0.4% and 1.3%, respectively. Looking at high-frequency indicators, e-forecasting's global leading economic index suggests that the worldwide expansion may end in the last quarter of 2011. The forward-looking global leading index - a composite index of 37 countrywide leading indicators tracking economic conditions five to six months in advance - declined in June for the fifth consecutive month. In addition, the indicator's six-month annual growth rate - designed to provide early signals of changing directions in global economic activity between expansions and slowdowns - registered for the first time in the recent cycle a negative reading, after a steady deceleration from a growth rate of 15.1% in November of 2009 to the latest 0.2% decline in June of 201 1 . The signals from e-forecasting's country leading indicators display a change in direction of growth in all economic blocs from North America to Latin America, Europe, Africa, the Middle East, and Asia. In particular, the combined leading indicator of the high-flying emerging nations of the BRIC group - Brazil, Russia, India, and China - declined in June for the third month in a row. In the past three quarters, we have trimmed our global forecasts for this year and next following the elevation of downside risks. We now forecast global economic growth to decelerate to 3.5% this year and 3.4% in 2012 compared with a worldwide growth of 5% in 2010. Given weakening demand, global inflation is forecast to average 4.8% this year, compared to our 4.6% projection made in the previous quarter. II. SHORT-TERM INDICATORS AND FORECASTS The baseline forecast incorporates major findings of the World Economic Survey conducted in the third quarter of 201 1 by the German lfo Institute and the Parisbased International Chamber of Commerce. …

Récupéré en direct depuis OpenAlex et désinversé. Les résumés ne sont pas conservés dans cette base de données : les index inversés représentent 8,6 Go des 9,3 Go de texte de la base, et le serveur dispose de 13 Go libres.

Comment cette classification a été obtenuedéplier

Prédiction distillée sur la base complète

Imitation des enseignants

Ni prévalence calibrée, ni vérité terrain. Validation humaine à venir. Apprise à partir de 10 348 étiquettes directes de Codex et de 10 348 étiquettes directes de Gemma. Le mode candidate est l'union des têtes enseignantes seuillées; le consensus est leur intersection. Ces sorties portent le statut machine_predicted_unvalidated et ne sont ni des étiquettes humaines ni des étiquettes directes de modèles de pointe.

score de la tête « metaresearch » (Codex)0,002
score de la tête « metaresearch » (Gemma)0,000
Version: codex-gemma-dda1882f352aStatut de validation: machine_predicted_unvalidated
Catégories candidatesaucune
Catégories consensuellesaucune
DomaineSignal candidat: aucune · Signal consensuel: aucune
Devis d'étudeSignal candidat: Théorique ou conceptuel · Signal consensuel: aucune
GenreSignal candidat: Empirique · Signal consensuel: Empirique
Score de désaccord entre enseignants0,422
Score d'incertitude au seuil0,434

Scores Codex et Gemma par catégorie

CatégorieCodexGemma
Métarecherche0,0020,000
Méta-épidémiologie (sens strict)0,0000,000
Méta-épidémiologie (sens large)0,0000,000
Bibliométrie0,0000,000
Études des sciences et des technologies0,0000,000
Communication savante0,0000,000
Science ouverte0,0000,000
Intégrité de la recherche0,0000,000
Charge utile insuffisante (le modèle a refusé de juger)0,0000,000

Scores machine (provisoires)

Les deux têtes enseignantes du modèle étudiant, lues sur ce travail. Un score ordonne la base pour la relecture; il n'affirme jamais une catégorie, et le statut de validation accompagne chaque rangée tel quel.

Scores de référence d'un modèle non mature (critères de maturité non atteints, 7 itérations). Un score ordonne; il n'affirme jamais une catégorie.

Tête enseignante Opus0,119
Tête enseignante GPT0,215
Écart entre enseignants0,096 · la distance entre les deux têtes enseignantes sur ce seul travail
Statut de validationscore_only:v0-immature-baseline · tel quel depuis la passe de notation : score_only signifie que le nombre peut ordonner les travaux, et qu'aucune étiquette de catégorie n'en découle

Classification

machine, non validée

Prédiction automatique; un appel candidat d’une seule tête enseignante, pas un consensus.

Les modèles n’ont appliqué aucune catégorie : rien dans la taxonomie ne correspondait à ce travail.
Devis d'étudeThéorique ou conceptuel
Domainenon disponible
GenreEmpirique

Le détail, modèle par modèle et score par score, se trouve en fin de page sous « Comment cette classification a été obtenue ».

En bref

Citations0
Publié2011
Routes d'admission1
Résumé présentoui

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