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The State of the World Economy and the German Economy in the Fall of 2006

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  • Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute

Abstract

In the autumn of 2006 the upswing in the world economy continues although it has slowed down somewhat during the course of the year. The expansion of the world economy will weaken somewhat in the forecast period, but will remain strong in a longer-term comparison. On the whole, real world GDP - as defined by the Joint Analysis - will increase by 3.1% in 2006 and by 3.7% in 2007. World trade will expand this year by 8.5% and by a good 7% in 2007. Price increases will weaken somewhat. Real GDP in the euro area will increase by 2.1% in 2007 after 2.6% this year. The inflation rate will stand at 2.1% for 2006 and 2.2% for 2007.

Suggested Citation

  • Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute, 2006. "The State of the World Economy and the German Economy in the Fall of 2006," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(20), pages 03-54, October.
  • Handle: RePEc:ces:ifosdt:v:59:y:2006:i:20:p:03-54
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    Citations

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    Cited by:

    1. Manuel Birnbrich, 2006. "Retailing: Clear revival of investment activity in 2006," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(14), pages 19-22, July.
    2. Markus Marterbauer & Serguei Kaniovski & Kurt Kratena & Michael Wüger, 2006. "Teilstudie 11: Maßnahmen zur Belebung der privaten Inlandsnachfrage," WIFO Studies, WIFO, number 27450, April.
    3. Projektgruppe Gemeinschaftsdiagnose, 2008. "Joint Economic Analysis in Spring 2008: Economic Activity Hampered by the Repercussions Impact of the US Real-estate Crisis," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(08), pages 03-71, April.
    4. Wallau, Frank & Adenäuer, Claus & Kayser, Gunter, 2006. "BDI-Mittelstandspanel: Ergebnisse der Online-Mittelstandsbefragung. Herbst 2006 - Langfassung," IfM-Materialien 169, Institut für Mittelstandsforschung (IfM) Bonn.
    5. Joachim Gürtler & Arno Städtler, 2006. "Cooler business climate in the leasing sector - weaker car leasing dampens the investment indicator," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(22), pages 56-61, November.
    6. Manuel Birnbrich, 2006. "Wholesaling: Investment plans clearly expansive for 2006," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(15), pages 31-34, August.

    More about this item

    JEL classification:

    • F00 - International Economics - - General - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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