The last five databases
This section presents all the latest information related to the FPB, from the most recent studies, press releases and articles to publication notices, workshops and colloquia.
The Federal Planning Bureau presents its world macroeconomic projection for the 2008-2015 period in the August 2008 issue of “The NIME Outlook for the World Economy”. This issue also contains a special focus analysing the evolution of the US housing market.
The Federal Planning Bureau presents a world macroeconomic projection for the 2007-2013 period in its January 2007 issue of “The Nime Outlook for the World Economy”.
Less robust worldwide output growth and generally contained inflation rates are projected for the 2007-2013 period. Output growth is primarily supported by stable productivity growth and domestic demand. However, the rate of growth of gross domestic product (gdp) should decline in Japan over the entire projection period, and decline in the euro area as of 2010. In the euro area and Japan, growth is expected to be adversely affected by the fall in the working-age population, which will weigh on the labour supply. These demographic trends should make labour scarcer, thus fuelling inflation through real wage increases. Nominal interest rates trend upward over the 2007-2013 period, as monetary authorities in the euro area and Japan move to ensure price stability in the face of rising inflationary tensions. Inflation rates are, however, tempered by generally declining oil prices. Overall growth prospects currently appear to be subject to one major uncertainty. Though the fiscal imbalances in the United States should be gradually resorbed and give way to budget surpluses, the us current account deficit will remain high and thus constitute an ongoing threat to the external value of the dollar.