World trade growth remains solid
Financial conditions indices have improved markedly
Price-earnings ratios remain below long-run averages
Bank lending may be bottoming
Business investment has started to pick up
The profitability of non-financial corporations has improved
Wealth and saving
Car sales are generally below trend levels
Housing markets continue to recover
Price responsiveness of housing supply: selected countries
Unemployment rates remain high
Global growth continues be led by the non-OECD economies
Underlying inflation is set to remain subdued
Global imbalances will remain pronounced
Yields on long-term government bonds
Government bond yields vs. future short rates
Banks in some euro area countries have become dependent on central bank facilities
Accumulated debt and evolution of underlying deficits
Sovereign bond spreads in the euro area remain elevated
Gross debt ratios under announced government consolidation plans
The global recovery will remain moderate
Housing investment and house prices in previous recessions
Real house prices remain fragile in some countries
Labour market conditions will improve slowly
World trade remains robust and imbalances will widen gradually
The activity effects of exchange rate depreciations
Fiscal positions will improve in coming years
Bank capital: current and future requirements
Pre-crisis and current levels of bank capital
Required increase in bank capital ratios to attain Basel III standards
Impact estimates on average annual GDP growth rates in 2011–2018
The largest banks hold less capital to generate a higher return on equity
Growth-enhancing structural reforms can also help to reduce fiscal and external imbalances