ie alumni forum madrid, spain september 14, 2012 key issues facing the global systems
DESCRIPTION
IMF Quotas Who leads in a world turned upside down? Nominal GDP percent of board members percent of global World Exports percent of globalTRANSCRIPT
IE Alumni ForumMadrid, Spain
September 14, 2012
Key Issues Facing the Global Systems
10
15
20
25
30
35
40
2006 2007 2008 2009 2010 2011 2012
Mature Economies
Emerging Economies
million units, saarAuto Sales: Mature and EM
4
5
6
7
8
9
10
2000 2004 2008 2012
Mature Economies
Emerging Economies(Excluding MENA)
% of labor force Unemployment Rates: Mature and EM
How should we think about a world turned upside down?
IMF Quotas
Who leads in a world turned upside down?
64.8
35.2
Mature EconomiesEmerging Countries
70.0
30.0
Nominal GDPpercent of board members percent of global
55.5
45.5
World Exportspercent of global
G3 Policy Interest Rates% per annum
0
1
2
3
4
5
6
2006 2007 2008 2009 2010 2011 2012
US
Euro Area
Japan
% of GDPG3 Central Bank Balance Sheets
Can the world live with zero interest rates in the major economies?
5
10
15
20
25
30
35
2007 2008 2009 2010 2011 2012
FED ECB BoJ
0
50
100
150
200
250
300
350
2002 2009 2016 2023 2030
USEuro Area*Japan
General Government Gross Debt
% of GDP
The fiscal time bomb
*IMF Projections
%, GDP-weighted averagesGIIPS: Debt Sustainability
-6
-2
2
6
10
14
1996 2000 2004 2008 2012
Government Bond Yields
Nominal GDP, change overa year ago
% of youth labor force Youth Unemployment
5
15
25
35
45
2000 2004 2008 2012
Germany
GIPS
Fundamentally, what is wrong with Europe?
IE Alumni ForumMadrid, Spain
September 14, 2012
Key Issues Facing the Global Systems