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Forecast Evaluation Report October 2017
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Book Synopsis Forecast Evaluation Report October 2017 by : Great Britain. Office for Budget Responsibility
Download or read book Forecast Evaluation Report October 2017 written by Great Britain. Office for Budget Responsibility and published by . This book was released on 2017 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Forecast Evaluation Report October 2012 by : Office for Budget Responsibility
Download or read book Forecast Evaluation Report October 2012 written by Office for Budget Responsibility and published by The Stationery Office. This book was released on 2012-10-16 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report sets out how the economy and the public finances have evolved since the beginning of 2010 and examines how this evolution compares to the forecasts published by the OBR at the time of the Coalition's first budget in June 2010 and subsequently. In this year's report the key question to address is why the OBR over estimated the pace of economic growth so significantly since the autumn of 2010 whilst public sector borrowing has fallen no more slowly than expected? The underestimation of economic growth reflects several factors: the impact of stubborn inflation on real consumer spending; deteriorating export markets; impaired credit conditions; euro area anxiety and demand uncertainly for business investment. Public sector net borrowing, on the other hand, fell much as expected. The public finances have been buoyed by the resilience of cash spending and the labour market, while local and central government have spent less on public services and administration than budgeted. Individual chapters cover: the economy; the public finances; conclusions and lessons to be learned. Annexes contain the decomposition of fiscal forecast errors and comparison with past official forecasts.
Book Synopsis The Office for Budget Responsibility and the Politics of Technocratic Economic Governance by : Ben Clift
Download or read book The Office for Budget Responsibility and the Politics of Technocratic Economic Governance written by Ben Clift and published by Oxford University Press. This book was released on 2023-03-14 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office for Budget Responsibility and the Politics of Technocratic Economic Governance is about the politics of economic ideas and technocratic economic governance. It is also a book about the changing political economy of British capitalism's relationship to the European and wider global economies. It focuses on the creation in 2010 and subsequent operation of the independent body created to oversee fiscal rectitude in Britain, the Office for Budget Responsibility (OBR). More broadly, it analyses the politics of economic management of the UK's uncertain trajectory, and of British capitalism's restructuring in the 2010s and 2020s in the face of the upheavals of the global financial crisis (GFC), Brexit and COVID. A focus on the intersection between expert economic opinion of the OBR as UK's fiscal watchdog, and the political economy of British capitalism's evolution through and after Brexit, animates a framework for analysing the politics of technocratic economic governance. The technocratic vision of independent fiscal councils fails to grasp a core political economy insight: that economic knowledge and narratives are political and social constructs. The book unpacks the competing constructions of economic reason that underpin models of British capitalism, and through that inform expert economic assessment of the UK economy. It also underlines how contestable political economic assumptions undergird visions of Britain's international economic relations. These were all brought to the fore in economic policy debates about Britain's place in the world, which in the 2010s centred on Brexit. This book analyses OBR forecasting and fiscal oversight in that broader political context, rather than as a narrowly technical pursuit.
Book Synopsis Not Working by : David G. Blanchflower
Download or read book Not Working written by David G. Blanchflower and published by Princeton University Press. This book was released on 2021-04-13 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: A candid explanation of how the labor market really works and is central to everything—and why it is not as healthy as we think Relying on unemployment numbers is a dangerous way to gauge how the labor market is doing. Because of a false sense of optimism prior to the COVID-19 shock, the working world was more vulnerable than it should have been. Not Working is about how people want full-time work at a decent wage and how the plight of the underemployed contributes to widespread despair, a worsening drug epidemic, and the unchecked rise of right-wing populism. David Blanchflower explains why the economy since the Great Recession is vastly different from what came before, and calls out our leaders for their continued failure to address one of the most unacknowledged social catastrophes of our time. This revelatory and outspoken book is his candid report on how the young and the less skilled are among the worst casualties of underemployment, how immigrants are taking the blame, and how the epidemic of unhappiness and self-destruction will continue to spread unless we deal with it. Especially urgent now, Not Working is an essential guide to strengthening the labor market for all when we need it most.
Book Synopsis Forecast Evaluation Report October 2016 by : Office for Budget Responsibility
Download or read book Forecast Evaluation Report October 2016 written by Office for Budget Responsibility and published by . This book was released on 2016-10-11 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: Print and web pdfs available at https://www.gov.uk/government/publications Web ISBN=9781474137607
Book Synopsis Forecast Evaluation Report October 2015 by : Office for Budget Responsibility
Download or read book Forecast Evaluation Report October 2015 written by Office for Budget Responsibility and published by . This book was released on 2015-10-13 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Print and web pdfs available at https://www.gov.uk/government/publications Web ISBN=9781474125024
Author :International Monetary Fund. Monetary and Financial Systems Dept. Publisher :International Monetary Fund ISBN 13 :1484308395 Total Pages :139 pages Book Rating :4.4/5 (843 download)
Book Synopsis Global Financial Stability Report, October 2017 by : International Monetary Fund. Monetary and Financial Systems Dept.
Download or read book Global Financial Stability Report, October 2017 written by International Monetary Fund. Monetary and Financial Systems Dept. and published by International Monetary Fund. This book was released on 2017-10-11 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: The October 2017 Global Financial Stability Report finds that the global financial system continues to strengthen in response to extraordinary policy support, regulatory enhancements, and the cyclical upturn in growth. It also includes a chapter that examines the short- and medium-term implications for economic growth and financial stability of the past decades’ rise in household debt. It documents large differences in household debt-to-GDP ratios across countries but a common increasing trajectory that was moderated but not reversed by the global financial crisis. Another chapter develops a new macroeconomic measure of financial stability by linking financial conditions to the probability distribution of future GDP growth and applies it to a set of 20 major advanced and emerging market economies. The chapter shows that changes in financial conditions shift the whole distribution of future GDP growth.
Book Synopsis European Union by : Vasileios Vlachos
Download or read book European Union written by Vasileios Vlachos and published by Springer. This book was released on 2019-06-14 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the unprecedented impact of the financial and economic crisis on government finances and economic performance across Europe, which has raised skepticism on the ability of the current course of integration to promote prosperity. Correspondingly, the European Union is about to contract for the first time in its history. This timely book covers the economic issues that challenge the future of integration in Europe. The chapters are authored by international experts and examine current and emerging challenges and trends for the European Union: economic convergence, monetary policy, competition law, transport policy, the informal sector, employment, recovery and enlargement. Four chapters focus on Greece, which has been the greatest challenge faced by European institutions in the context of the sovereign debt crisis, and one chapter discusses the possible costs of Brexit. The reader will benefit from understanding the key economic challenges, which, if effectively addressed, will lead to deepening the union, or in contrast to a multi-speed Europe.
Book Synopsis IEO Evaluation Report by : International Monetary Fund. Independent Evaluation Office
Download or read book IEO Evaluation Report written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2019-02-07 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to the Global Financial Crisis, the IMF launched many initiatives to strengthen financial surveillance and better advise member countries of vulnerabilities and risks. While these initiatives have not yet been tested by a major crisis, the efforts have delivered a substantial upgrade of the Fund’s financial surveillance, including giving the IMF clearer responsibilities over financial sector stability and cross-country spillovers; making periodic financial stability assessments mandatory for jurisdictions with systemically important financial sectors; invigorating efforts to integrate financial and macroeconomic analysis in bilateral and multilateral surveillance; enhancing cooperation with the Financial Stability Board and standard setting bodies to promote reforms and monitor agreed standards; and taking steps to recruit and train greater financial expertise. While recognizing these achievements, this evaluation finds that the quality and impact of the IMF’s financial surveillance has been uneven. The expansion of products and activities has presented the Fund with difficult trade-offs between bilateral and multilateral surveillance; between countries with systemically important financial sectors and other member countries; and between financial surveillance and other activities. Moreover, resource constraints have slowed the needed build-up of financial and macrofinancial expertise. These are critical issues, given the IMF’s position as the only international financial institution with the mandate and ability to conduct financial and macrofinancial surveillance over the full range of countries as well as the global economy, and given that these issues are at the core of the IMF’s responsibilities. Thus, to further strengthen financial surveillance, the evaluation recommends devoting greater resources to financial surveillance overall; further strengthening financial and macrofinancial analysis in Article IV surveillance; refining resource allocation for FSAPs; enhancing rigor and transparency in multilateral surveillance; intensifying efforts to be a global center of excellence on financial and macrofinancial research; and extending efforts to develop financial expertise among IMF staff.
Book Synopsis Money and Government by : Robert Skidelsky
Download or read book Money and Government written by Robert Skidelsky and published by Yale University Press. This book was released on 2018-01-01 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical examination of economics's past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused nonintervention in markets. The Great Depression brought Keynesian economics to the fore, but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes's central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
Book Synopsis The Bank Culture Debate by : Huw Macartney
Download or read book The Bank Culture Debate written by Huw Macartney and published by Oxford University Press. This book was released on 2019-09-12 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period since the Global Financial Crisis and numerous scandals have exposed some areas of serious illegal and unethical conduct within western banking systems. Despite extensive reforms it is increasingly apparent however that there is a persistent problem with the 'culture' of banking in Anglo-America. US and UK state managers made substantial efforts to reform the culture of their banking sectors. However, this book argues that they focused on an extremely narrow definition of bank culture. They did so for two reasons: firstly, because the structural pressures of financialization - which are a far more important driver of the problematic features of bank culture in Anglo-America - are harder to remedy; but secondly, state managers also used their bank culture response to tackle a legitimacy crisis facing their institutions of government. In so doing they abdicated responsibility for the real problems - of inequality and instability - associated with their respective financial systems Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, The Bank Culture Debate explains the strategies employed by state managers before then examining what has and has not changed in the culture of banking in the US and UK.
Book Synopsis Soft Machines by : Richard Anthony Lewis Jones
Download or read book Soft Machines written by Richard Anthony Lewis Jones and published by Oxford University Press. This book was released on 2004 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enthusiasts look forward to a time when tiny machines reassemble matter and process information but is their vision realistic? 'Soft Machines' explains why the nanoworld is so different to the macro-world that we are all familar with and shows how it has more in common with biology than conventional engineering.
Book Synopsis What Is the Truth About the Great Recession and Increasing Inequality? by : Mario Morroni
Download or read book What Is the Truth About the Great Recession and Increasing Inequality? written by Mario Morroni and published by Springer. This book was released on 2018-09-15 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever puzzled over the causes of the 2007–8 financial crisis and wondered how it will affect all our futures? If so, this book is for you. Using imagined dialogue between three economists with contrasting theoretical perspectives and a student who knows little about economics, different interpretations are compared in straightforward, jargon-free language. The book explores both the consequences of neoliberal economic policies based on the belief in efficient, self-regulating markets and the implications of alternative economic visions formulated in response to the Great Recession. In all, nine dialogues are presented, each of which focuses on a key theme: increasing inequality, the failure of economists to predict the crash, the reasons for fiscal austerity, the rolling back of the welfare state, the roles of the state and the market, the repercussions of the German trade surplus and the Eurozone crisis, policies to confront the crisis, environmental degradation, and the need for an industrial policy appropriate to the present day. The book will be ideal for both general readers and those embarking on the study of economics.
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215057006 Total Pages :200 pages Book Rating :4.0/5 (57 download)
Book Synopsis Budget 2013 by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book Budget 2013 written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2013-04-22 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Treasury Committee's report on Budget 2013 focuses on: macroeconomy; the public finances; monetary policy; taxation; departmental spending; housing; energy policy; premature disclosure of budget information; Parliamentary timing. The report contains 46 conclusions and recommendations. Particular attention is paid to the Help to Buy housing policy, which is considered a work in progress which may have unintended consequences and may not help first-time buyers. The Committee poses a number of questions for the Chancellor on the policy. Overall, if the Government's priority was housing supply, its housing measures should have concentrated there. On energy it is unclear which Government Department is in the lead for energy policy and this lack of clarity must be addressed. The changes to the monetary policy remit announced by the Chancellor at the time of Budget 2013 create uncertainty. Tax complexity and instability remain of considerable concern. The Committee will monitor whether the Government anti-avoidance measures succeed in generating the revenue predicted of them. In addition, the Committee invited comments from three accounting bodies on how Budget 2013 meets the Committee's tax policy principles: basic fairness; supporting growth and encouraging competition; certainty, including simplicity; stability; practicality; and coherence.
Author :United States. Congress. Senate. Office of Management and Budget. Executive Office of the President Publisher : ISBN 13 :9780160944192 Total Pages :1886 pages Book Rating :4.9/5 (441 download)
Book Synopsis 2017 Catalog of Federal Domestic Assistance by : United States. Congress. Senate. Office of Management and Budget. Executive Office of the President
Download or read book 2017 Catalog of Federal Domestic Assistance written by United States. Congress. Senate. Office of Management and Budget. Executive Office of the President and published by . This book was released on 2017 with total page 1886 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifies and describes specific government assistance opportunities such as loans, grants, counseling, and procurement contracts available under many agencies and programs.
Book Synopsis Economic and fiscal outlook by : Office for Budget Responsibility
Download or read book Economic and fiscal outlook written by Office for Budget Responsibility and published by The Stationery Office. This book was released on 2010-11-29 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.
Book Synopsis Computing the Environment by : Brady Peters
Download or read book Computing the Environment written by Brady Peters and published by John Wiley & Sons. This book was released on 2018-03-14 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computing the Environment presents practical workflows and guidance for designers to get feedback on their design using digital design tools on environmental performance. Starting with an extensive state-of-the-art survey of what top international offices are currently using in their design projects, this book presents detailed descriptions of the tools, algorithms, and workflows used and discusses the theories that underlie these methods. Project examples from Transsolar Klimaengineering, Buro Happold ́s SMART Group, Behnish Behnisch Architects, Thomas Herzog, Autodesk Research are contextualized with quotes and references to key thinkers in this field such as Eric Winsberg, Andrew Marsh, Michelle Addington and Ali Malkawi.
