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Record W4300175008 · doi:10.1111/1468-0319.12128

World Economic Prospects

2014· article· en· W4300175008 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 · 2014
Typearticle
Languageen
FieldSocial Sciences
TopicArctic and Russian Policy Studies
Canadian institutionsnot available
Fundersnot available
KeywordsPaceEconomicsEmerging marketsChinaReal gross domestic productBalance of paymentsQuarter (Canadian coin)Monetary economicsInternational economicsMacroeconomicsGeography

Abstract

fetched live from OpenAlex

Overview: World growth to remain moderate in 2015 Global growth is expected to remain moderate in 2015. We expect world GDP to rise by 2.8%, a bit higher than the 2.6% estimate for 2014 but still below the average pace seen over the last 20 years. We also expect a divergent performance between the advanced and emerging economies, with the former strengthening while growth in the latter slows further. The improvement in the advanced economies will be led by the US. The strong trend in US payrolls growth increases our confidence that next year will see a significant upturn in US consumer spending – still around a quarter of the global total. We expect US consumption to rise 2.8% next year, helping GDP growth reach 3% ‐ the strongest pace since 2005. Meanwhile we expect another robust year of growth in the UK and modest improvements in the Eurozone and Japan. The further decline in oil prices to around US$70 per barrel, where we expect them to broadly stay in 2015, will boost the advanced economies. With significant monetary expansions in Japan and the Eurozone also helping, we forecast G7 GDP growth at 2.1% in 2015, up from 1.6% this year. But as 2014 draws to an end, the outlook for the key emerging economies remains clouded. Russia has entered a balance of payments crisis and will see a sharp drop in GDP next year. We have also cut Brazil's 2015 GDP forecast to just 0.7% this month. Meanwhile, China surprised markets at the end of November by cutting rates. Further easing measures are likely but we are minded to view this policy shift as confirming our concerns about slowing growth. Overall, we expect that emerging market GDP growth in 2015 will edge down to 3.9% from 4.1% this year – the slowest pace since 2009. One side effect of this may be even more intense competition in world export markets, adding to global disinflationary pressures – we expect inflation at 1.7% in the US, 1.0% in the UK and 0.6% in the Eurozone in 2015. This in turn reinforces our view that global interest rates will rise only very modestly next year.

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 categoriesInsufficient 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: Other · Consensus signal: none
Teacher disagreement score0.863
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.007

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 head0.016
GPT teacher head0.286
Teacher spread0.270 · 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