How to Anticipate the Occurrence of Slowing Economy
Experts anticipate an economic slowdown over the past two or three years into the future, with a decrease in activity growth to 3.1 percent in 2008, almost half the number is less than anticipated for this exercise. The report “Economic Consensus” in the third quarter of 2007, prepared by Pricewaterhouse Coopers from the panel of 346 experts and entrepreneurs, described as “very good situation” the economy is currently in Spain, but saw a decline, which would be “more or less pronounced depending on the situation internationally.”
Some analysts even expect the decline in productive activities “without the economic behavior in the European Union.” Warning that growing among experts about the evolution of an expanding economy in Europe such as Spain, while improving your attitude toward the United States.
Consensus indicates, in the context of rising interest rates, greater pessimism over the economic and financial situation of families in the rest of the year the expenditures stop “suddenly, and vice versa, maintaining a moderate optimism about the economic and financial situation of companies in this semester.
As interest rates in the euro zone, half of the respondents think the European Central Bank increased by a quarter point to 4.25 percent in December, while the percentage who believe that a half point will arrive at 45 percent.
Regarding inflation, experts believe that the Consumer Price Index (CPI), which was founded in June, according to interim data, amounting to 2.5 percent, will remain between 2.1 percent and 2 5 percent at the end of the year, which amounts to the maintenance or reduction differences in inflation with little in the European region, which in June was 0.6 percent.
One factor that should be considered in the analysis of the evolution of the Spanish economy and climate change entrepreneurs and economic experts strongly believes that the economic situation will be affected in the short medium term by global warming.
In his view, the Spanish company would lose their competitiveness as a result of Spanish and European commitment to reduce emissions, but the majority of respondents described as positive the government efforts to tackle climate change. However, considered “woefully inadequate” and said the citizens of developed countries as the main responsible for this problem, do not change their behavior to reduce emissions of carbon dioxide (CO2).
Conversely, the value of corporate attitudes associated with global warming, and who believe they make improvements in communication and image, which, though said that “still have a long way to go innovation needed in course of production.”
Among the major steps to combat global warming, the experts interviewed are placed in first position in the ranking, the reduction of excessive energy dependence and, second, to consider nuclear energy as an alternative to fossil fuels. Therefore, six out of ten respondents believe that the government should rethink its position on the use of nuclear energy future in the context of reducing pollution emissions without affecting the competitiveness of national production.
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