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Record W4285655619 · doi:10.1111/1468-0319.12509

World Economic Prospects Monthly

2020· article· en· W4285655619 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueEconomic Outlook · 2020
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicRegional resilience and development
Canadian institutionsnot available
Fundersnot available
KeywordsEconomicsEconomic recoveryRecessionInvestment (military)Real gross domestic productQuarter (Canadian coin)Monetary economicsFinancial crisisConsumer spendingMacroeconomicsGeography

Abstract

fetched live from OpenAlex

Overview: Recent economic strength will not last ▀ Recent data confirm that the initial post‐lockdown phase of the recovery has been robust and points to a record‐breaking rise in GDP in Q3. Nonetheless, there are already signs that some sectors are beginning to lose momentum. Given this, and the lack of tangible medical progress towards overcoming the pandemic, we have cut our forecast for global GDP growth in 2021 to 5.4% (from 5.8% seen last month) after an expected 4.4% drop this year. ▀ Recent monthly economic data have surprised to the upside, so we now expect the huge Q2 fall in global GDP to be broadly reversed in Q3. Even so, the level of GDP this quarter will still be over 4% below the Q4 2019 level, a bigger fall than the peak‐to‐trough decline in global GDP during the global financial crisis. ▀ Beyond Q3, growth looks set to slow notably. After initially bouncing strongly, retail sales growth has eased, perhaps even starting to contract. This may partly reflect compositional changed to households spending patterns as some services re‐open. ▀ Even so, our aggregate advanced economy consumer sentiment measure fell for a second month running in August, suggesting some caution among households. This will be exacerbated by the ongoing unwinding of emergency fiscal support measures for households. With banks already expecting to tighten credit standards and some firms beginning to repay some of the money that they borrowed during lockdown, we expect the investment recovery to be quite weak. ▀ Although we still expect average q/q global GDP growth to broadly match that seen during 2010 – the best year since the global financial crisis – we now see GDP expanding by 5.4% in 2021, 0.4pp lower than a month ago. This partly reflects the fact that we now assume a Covid‐19 vaccine will not be in circulation until the middle of next year, about six months later than we had previously assumed, resulting in a more prolonged period of social distancing measures.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.796
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0030.053

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.035
GPT teacher head0.212
Teacher spread0.177 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it