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FORECASTED ECONOMIC SITUATION IN THE USA AND SELECTED EU COUNTRIES IN YEARS 2012-2015: MACROECONOMIC STABILISATION PENTAGON ASSESSMENT (Polish title below)

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Gotz M.

Optimum. Studia Ekonomiczne

2011

issue 6(54)

61-76

(Polish title: Ocena prognozowanej sytuacji gospodarczej USA i wybranych krajow UE w latach 2012-2015 z wykorzystaniem metody pieciokata stabilizacji makroekonomicznej). The combined US and EU economies account for nearly half of the global GDP. In 2009, the total value of transatlantic economic relations, trade and investment flows included, was 780 billion euros. The scope and intensity of these relations are determined by multi- and bilateral initiatives such as ratified treaties or the activity of the TEC (Transatlantic Economic Council). Unquestionably, the quality of economic ties largely depends on the economic condition of parties involved. The knowledge concerning the factors of economic success is a prerequisite for international economic coordination undertaken in order to identify any irregularities and imbalances and thus address possible crises. This paper, attempts to evaluate the macroeconomic situation of the USA and selected EU countries: France, Germany, Italy, United Kingdom and Poland in years 2012-2015. The used methodology bases on the concept of Macroeconomic Stabilisation Pentagon (MSP), which in the literature is applied mainly for the analysis of emerging and developing countries. The results obtained indicate that Germany may have the most stable economy, as measured by MSP, which, however, seems to be deteriorating, deteriorating over time, whereas Poland, whose macroeconomic performance ranks at the bottom of the list, should experience steady improvement.

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1 Optimum. Studia Ekonomiczne

1 Gotz M.

1 2011

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FORECASTED ECONOMIC SITUATION IN THE USA AND SELECTED EU COUNTRIES IN YEARS 2012-2015: MACROECONOMIC STABILISATION PENTAGON ASSESSMENT (Polish title below)