Overview Output growth
After accelerating to almost 3.5% in 2006
, GDP growth of Austria is expected to decelerate over the next two years, with a slowdown in net exports & investment. Although the Canadian economy accelerated at the start of the year, it is estimated to be still operating with some spare capacity. Activity is expected to grow at rates close to potential and the unemployment rate would go down further to levels not seen since 1975. Economic growth in Switzerland is expected to decelerate somewhat; to about 2% in 2007 and 2008. Expansion at this pace will allow employment to continue growing; roughly in line with rising labour supply and the wage growth should remain moderate. Inflation is projected to stay low throughout the projection period; pushing up somewhat in 2008. Turkey has greatly improved its economic fundamentals and weathered some strong political tensions in April.
For Complete IIPM Article, Click on IIPM Article
After accelerating to almost 3.5% in 2006
, GDP growth of Austria is expected to decelerate over the next two years, with a slowdown in net exports & investment. Although the Canadian economy accelerated at the start of the year, it is estimated to be still operating with some spare capacity. Activity is expected to grow at rates close to potential and the unemployment rate would go down further to levels not seen since 1975. Economic growth in Switzerland is expected to decelerate somewhat; to about 2% in 2007 and 2008. Expansion at this pace will allow employment to continue growing; roughly in line with rising labour supply and the wage growth should remain moderate. Inflation is projected to stay low throughout the projection period; pushing up somewhat in 2008. Turkey has greatly improved its economic fundamentals and weathered some strong political tensions in April.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
No comments:
Post a Comment