International economy; a medium term perspective
Article Abstract:
In the 1980's the global economy recorded its highest growth rate of 4.5%. Since then debt has increased substantially, some say as a result of the easing of restrictions on money supply that took place in many Western economies. The reunification of Germany has also weakened a formerly strong economy. Inflation has remained stable, and the currency markets have concentrated on European currencies. Statistical tables show the expected trends.
Publication Name: Barclays Economic Review
Subject: Business, international
ISSN: 0956-5574
Year: 1993
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International economy; mixed fortunes
Article Abstract:
It is expected that the Group of Seven countries will experience growth of 3% by 1994. The US economy showed signs of recovery in late 1992, and growth was up to 5% by the end of that year. The Japanese economy is expected to recover in late 1993. In Europe generally a recovery is not expected, and economic output may not improve until 1994. Some observers expect the Spanish and Portuguese currencies to undergo further devaluation.
Publication Name: Barclays Economic Review
Subject: Business, international
ISSN: 0956-5574
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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