Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tradermike_1999 who started this subject	10/23/2002 1:14:29 AM
From: smolejv@gmx.net	Read Replies (1) of 74559

Fall report of the big six Berlin(abstract) the 6 leading economy institutes do not expect that the Hartz comission reforms will put a significant number of people back to work. In view of the economic realities the job market conditions do not look good. The government should stress the growth more. Instead of that the saving measures, introduced by the new German government, will cut another half a percent off the meager growth. The prediction of the six for this year is 0.4% growth and 1.4% in 2003. Because of the investments due to floods (this is the ultimate irony, it takes floods to make the east look better dj) the east will do better than the west. Among targets of the criticism: the tax increases are counterproductive due to their growth-dampening effect. The Trade unions organisation (DGB) sees the predictions as "too optimistic" and sides with DIW (one of the six, Deutsche Institut für Wirtschaftsforschung), that predicts 0.9% only growth in 2003. The majority of institutes sets too much on the "impulses from the world economy", which does not make the report much useful as guideline for economic policies... 1999 2000 2001 2002 2003 GDP 2.0 2.5 0.6 0.4 1.4 Unemployment 4009 3889 3852 4050 4100 C. price index 0.6 1.9 2.5 1.4 1.6 deficit -1.5 1.1 -2.8 -3.2 -1.9 GDP in percent change y2y Unemployment in 1000 CPI in changes % y2y deficit in % nominal GDP

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next