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 relative...
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Paris
OECD Publishing
2014
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Schriftenreihe: | OECD Economics Department Working Papers
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Schlagwörter: | |
Links: | https://doi.org/10.1787/5jxvgg76vqg1-en |
Zusammenfassung: | 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 |
Umfang: | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5jxvgg76vqg1-en |
Internformat
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illustrated | Not Illustrated |
indexdate | 2025-01-11T15:45:33Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033314212 |
oclc_num | 1312702415 |
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physical | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
psigel | ZDB-13-SOC |
publishDate | 2014 |
publishDateSearch | 2014 |
publishDateSort | 2014 |
publisher | OECD Publishing |
record_format | marc |
series2 | OECD Economics Department Working Papers |
spellingShingle | Lewis, Christine Investment Gaps after the Crisis Economics |
title | Investment Gaps after the Crisis |
title_alt | Écarts relatifs à l'investissement après la crise |
title_auth | Investment Gaps after the Crisis |
title_exact_search | Investment Gaps after the Crisis |
title_full | Investment Gaps after the Crisis Christine Lewis ... [et al] = Écarts relatifs à l'investissement après la crise / Christine Lewis ... [et al] |
title_fullStr | Investment Gaps after the Crisis Christine Lewis ... [et al] = Écarts relatifs à l'investissement après la crise / Christine Lewis ... [et al] |
title_full_unstemmed | Investment Gaps after the Crisis Christine Lewis ... [et al] = Écarts relatifs à l'investissement après la crise / Christine Lewis ... [et al] |
title_short | Investment Gaps after the Crisis |
title_sort | investment gaps after the crisis |
topic | Economics |
topic_facet | Economics |
url | https://doi.org/10.1787/5jxvgg76vqg1-en |
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