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SEB report: Slightly brighter growth outlook

SEB report: Slightly brighter growth outlook

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Published by SEB Group
The global recovery is continuing but remains a bit unsteady. Economic indicators in some key countries such as Germany have been hopeful while debt reduction in other countries has continued in order to secure the solvency of these nations.
The global recovery is continuing but remains a bit unsteady. Economic indicators in some key countries such as Germany have been hopeful while debt reduction in other countries has continued in order to secure the solvency of these nations.

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Published by: SEB Group on Nov 24, 2010
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11/07/2011

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Somewhat brighter growth outlook— but mounting policy challenges
Nordic Outlook
Economic Research – November 2010
 
Nordic Outlook – November 2010 | 3
Contents
International overview 5
Theme 16
The United States 18Japan 25Asia 26The euro zone 29The United Kingdom 35Eastern Europe 36
The Baltics 37
Sweden 39Denmark 48Norway 49Finland 53Economic data 54
Boxes
Ireland the focus of new debt worries 8Calmer commodity price trend 10Basel III update 15Unusually weak recovery 19
Economy vulnerable to energy price shock 20Long-term unemployment on the way down 20QE will push up growth a bit 21
The market is worried about ination 22A plan to get the decit under control 24
A 20 per cent probability of recession 30Watered-down sanctions when EU Stability andGrowth Pact is revised 32Does the krona risk becoming too strong? 44
 
4 | Nordic Outlook November 2010
This report was published on November 24, 2010.Cut-off date for calculations and forecasts was November 18, 2010.Robert Bergqvist Håkan FrisénChief Economist Head of Economic Research+ 46 8 506 230 16 + 46 8 763 80 67Daniel Bergvall Mattias BruérEconomist Economist+46 8 763 85 94 + 46 8 763 85 06Ann Enshagen Lavebrink Mikael JohanssonEditorial Assistant Economist+ 46 8 763 80 77 + 46 8 763 80 93Andreas Johnson Tomas LindströmEconomist Economist+46 8 763 80 32 + 46 8 763 80 28Gunilla Nyström Ingela HemmingGlobal Head of Personal Finance Research Global Head of Small Business Research+ 46 8 763 65 81 + 46 8 763 82 97Susanne Eliasson Johanna WahlstenPersonal Finance Analyst Small Business Analyst+ 46 8 763 65 88 + 46 8 763 80 72SEB Economic Research, K-A3, SE-106 40 StockholmContributions to this report have been made by Thomas Köbel, Klaus Schrüfer, SEB Frankfurt/M andOlle Holmgren, Trading Strategy. Stein Bruun and Erica Blomgren, SEB Oslo are responsible for the Norwe-gian analysis. Financial analyses are done in collaboration with Trading Strategy and SEB Enskilda Equi-ties.
Economic Research

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