The world economy

Article Abstract:

A survey on 500 economists from multinational firms and organizations in 59 countries revealed varying expectations for world economies. Asian countries, such as the Philippines and India, are predicted to make significant economic strides in 1992. Likewise, growth is expected in Argentina, Chile and Mexico. The economies of Germany and Japan, however, are predicted to slow down in the early months of 1992. Inflation is expected to reach 135% in Latin America and 33% in Eastern Europe.

Europe, Reports, Asia, Latin America, Economic forecasting

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Acceleration in global liquidity will maintain moderate growth and inflationary pressures

Article Abstract:

The global economy is expected to grow from 2.8% in 1996 to 4.2% in 1997. The forecasted strengthening of economic activity in 1997 is attributed to the acceleration in global liquidity. Global petroleum demand is forecasted to increase at rates that are significantly higher than economic growth. The increase in rates is due to the expected standard of living improvements in developing nations, which will result in the increased use of energy-related activities.

International Reserves, Forecasts and trends, Economics, International liquidity

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International economic outlook

Article Abstract:

An assessment of the growth in world trade in 1992 is provided. World trade is estimated to have risen by only 4% to 5% during the period due to weak growth in industrialized countries. For 1993, world trade is expected to grow at a higher 7% rate because of the projected recovery in industrial countries and the sustained economic development in Latin America and the Pacific Rim economies.

Statistics, Industrialized countries, International trade, Industrial nations

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