sábado, 13 de abril de 2019

OECD: economic surveys: France, Italy, Portugal, Sweden, Argentina


Global economic conditions, monetary policy and structural reforms have supported exports and investment in recent years. However, global uncertainties and the effects of social unrests weighed on activity in 2018.
 
Available in ENGLISH and FRENCH
OECD Secretary-General, Angel Gurría, with the French Minister of Economy and Finance, Mr. Bruno Le Maire.
 
Italy continues to suffer from long-standing social and economic problems. Italy's GDP per capita is at the same level as 20 years ago and well below its pre-crisis peak. GDP growth has slowed and is projected to contract by 0.2% in 2019 and expand by 0.5% in 2020. Expansionary fiscal policy and low growth will push the general government budget deficit to 2.5% of GDP in 2019 from 2.1% in 2018.
Available in ENGLISH and ITALIAN
 
GDP has expanded at an average rate of close to 3% over the past five years.

Employment has grown steadily and the unemployment rate has fallen. But jobseekers are increasingly low-skilled and immigrants, who struggle to find jobs..
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OECD's Secretary-General, Angel Gurría, with the Swedish Minister of Finance, Madame Magdalena Andersson
 
The economy is in recession. A strategy of reducing the large fiscal deficit only gradually, the reliance on its foreign financing and high interest rates due to tight monetary policy opened up significant vulnerabilities. In April 2018, markets reacted with a reversal of capital inflows, exacerbating a slowdown of currency inflows due to a record drought.
Available in ENGLISH and SPANISH
 
Economic conditions in Portugal have improved markedly over the past few years. GDP is now back to its pre-crisis level and the unemployment rate has declined 10 percentage points since 2013 to below 7%, one of the largest reductions in any OECD country over the past decade.
Available in ENGLISH and PORTUGUESE
 
Upcoming
JAPAN - Economic Survey 15 April
CHINA - Economic Survey 16 April 
MEXICO - Economic Survey - 2 May
OECD Economic Projections - 21 May

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