News
Inflationwatch
UK inflation falls again to 4.2% in December
January 2012
The new austerity
The economy, the cut-
October 2010
Behavioural economics
Some pointers for the wealth management industry
July 2011
Greece
The crisis and its implications for British business
May 2011
The latest eurozone deal
Businesses beware -
November 2011
The view from Washington
Future policy directions for government from the IMF
April 2010
The new world order
Eight trends to frame corporate strategy
November 2010
Debt & disappointment
Are industrialised economies destined for low economic growth?
February 2012
2012 Foresight First © Terms and conditions
The global economy
|
Annual % |
GDP |
CPI |
|
UK |
0.9 |
4.2 |
|
Eurozone |
1.4 |
2.8 |
|
Germany |
2.5 |
2.0 |
|
US |
1.6 |
3.0 |
|
Japan |
- |
- |
|
China |
8.9 |
4.1 |
|
Russia |
4.8 |
6.0 |
|
India |
6.9 |
6.5 |
|
Brazil |
2.1 |
6.5 |
|
Australia |
2.5 |
3.1 |
World markets
|
|
Latest |
One week |
|
FTSE 100 |
5,901 |
+167.6 |
|
DJIA |
12,862 |
+201.8 |
|
Nikkei 225 |
8,832 |
- |
|
DAX |
10,414 |
+473.5 |
|
CAC 40 |
3,428 |
+109.2 |
|
FTSE MIB |
16,440 |
+492.7 |
|
SSEA |
2,441 |
+11.8 |
|
BSE Sens |
17,605 |
+371.0 |
|
BVSP |
65,217 |
+2,313.2 |
|
RTS |
1,626 |
+59.8 |
Future policy directions from the IMF
As the dust settles on the global recession and the industrialised economies treasure their first quarters of recovery, the IMF has offered some bold suggestions on the future of economic policy. Or rather, some economists at the IMF, whose views should not be attributed to the IMF.
It seems that the model of monetary control that has come to dominate policy in the
advanced economies -
The one instrument/one target approach was thought sufficient to maintain a small and stable output gap with low inflation. Fiscal policy was relegated to a supporting role while financial regulation lay outside the macroeconomic policy sphere. (Continued).
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