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The present issue covers the outlook to end 2014 for both OECD countries and selected non OECD economies. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.
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Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery, the OECD said in its latest Interim Economic Assessment.
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A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price.
Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the price of the resource.
Big changes are needed to strengthen the capital positions of euro area banks. European banks remain at the heart of the euro area crisis. Despite actions to strengthen banks and build a banking union, confidence in the euro area banking system remains weak, and is likely to remain so until underlying concerns over low capitalisation of some banks are addressed.
4-January-2013
English, Excel, 1,255kb
Statistical Annex tables in Excel format from OECD Economic Outlook. These tables cover export volumes of goods and services, import volumes of goods and services, export prices of goods and services, import prices of goods and services, competitive positions: relative consumer prices, competitive positions: relative unit labour costs, export performance for total goods and services, shares in world exports and imports, geographic
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4-January-2013
English, Excel, 555kb
Statistical Annex tables in Excel format from OECD Economic Outlook. Includes tables on general government total outlays, general government current tax and non-tax receipts, general government financial balances, cyclically-adjusted general government balances, general government primary balances, cyclically-adjusted general government primary balances, general government net debt interest payments, general government gross
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4-January-2013
English, Excel, 398kb
Statistical Annex tables in Excel format from OECD Economic Outlook. This file includes tables on short-term interest rates, long-term interest rates, nominal exchange rates (vis-à-vis the US dollar), and effective exchange rates.
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4-January-2013
English, Excel, 160kb
Statistical Annex tables in Excel format from OECD Economic Outlook. This file includes tables on household saving rates and gross national saving.
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4-January-2013
English, Excel, 1,373kb
Statistical Annex tables in Excel format from OECD Economic Outlook. This file includes tables on quarterly demand and output projections; quarterly price, cost and unemployment projections; contributions to changes in real GDP in OECD countries; household wealth and indebtedness; central government financial balances;Maastricht definition of general government gross public debt; and monetary and credit aggregates: recent trends.
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