Investment gaps after the crisis
"The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries, not only in relation to past norms but also rel...
| Main Authors: | , , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Paris
2014
OECD |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19116386124919345689-investment-gaps-after-the-cris.htm |
| _version_ | 1771659900376580098 |
|---|---|
| author | Lewis, Christine Pain, Nigel Strasky, Jan Menkyna, Fusako |
| author_facet | Lewis, Christine Pain, Nigel Strasky, Jan Menkyna, Fusako |
| collection | Library items |
| description | "The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries, not only in relation to past norms but also relative to projected future steady-state levels, with a gap of 2 percentage points of GDP or more in several countries. A significant proportion of this investment shortfall is attributable to soft demand conditions (the accelerator effect) but financial factors and heightened uncertainty have also played a role. In addition to continued support to demand from macroeconomic policies, the recovery in investment could be boosted by tackling longer-term policy issues that bear on investment decisions indirectly, by reducing financial fragmentation in the euro area and by undertaking growth-friendly structural reforms." |
| format | TEXT |
| geographic | OECD countries |
| id | 19116386124919345689_b6df7f9b521f4411bb663b047b99ba53 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19116386124919345689_b6df7f9b521f4411bb663b047b99ba53 |
| is_hierarchy_title | Investment gaps after the crisis |
| language | English |
| physical | 43 p. Digital |
| publishDate | 2014 |
| publisher | Paris OECD |
| spellingShingle | Lewis, Christine Pain, Nigel Strasky, Jan Menkyna, Fusako economic recession gross domestic product investment Investment gaps after the crisis |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=108830292601 |
| title | Investment gaps after the crisis |
| topic | economic recession gross domestic product investment |
| url | https://www.labourline.org/KENTIKA-19116386124919345689-investment-gaps-after-the-cris.htm |