1 / 7

Risks to Global Outlook

Risks to Global Outlook. Inter American Development Bank Meeting October 19, 2006 Desmond Lachman American Enterprise Institute. U.S. Household Savings and Debt Service Payments. % of disposable personal income. US Current Account Balance and Real Effective Exchange Rate.

candace-hanson
Download Presentation

Risks to Global Outlook

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Risks to Global Outlook Inter American Development Bank Meeting October 19, 2006 Desmond Lachman American Enterprise Institute

  2. U.S. Household Savings and Debt Service Payments % of disposable personal income

  3. US Current Account Balance and Real Effective Exchange Rate Sources: Haver Analytics; International Financial Statistics; Lane and Milesi-Ferreti (2006); and Fund staff estimates.

  4. Financing of US Current Account Deficit Sources: Haver Analytics; International Financial Statistics; Lane and Milesi-Ferreti (2006); and Fund staff estimates.

  5. China Current Account Balance as a Percent of GDP, 1994-2006F

  6. Relative Unit Labor Costs in Europe Italy, France and Germany Unit Labor Cost trends Italy +22% since 2000 France +11% since 2000 Germany -5% since 2000 Source: OECD, last observation Q2 2006

More Related