Wait for it
Article Abstract:
World economic growth is slowing, and growth in industrialised countries will continue in real terms. A rise in inflation is likely to push up interest rates in economies which are members of the Organization for Economic Co-operation and Development (OECD). Capital spending has been strong, but this is less true for consumer spending. US growth is affected by a number of factors such as the Mexican financial crisis, a drop in car output and the stock cycle.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Hell for leather
Article Abstract:
Growth in the global economy is unlikely to be affected by Mexico's financial crisis, and the US economy shows no sign of fatigue in its trade cycle. Domestic demand should revive in Europe, and reconstruction following the Japanese earthquake should promote growth in Japan. Global inflation had declined to 1995, but looks set to rise again. Monetary policy should be rigorous and the monetary stance of governments will decide the fate of many economies.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Increased trade the key to world growth
Article Abstract:
Growth in the Group of 7 countries is forecast at an average of 2.8% in the decade from 1995, according to the World Bank. World trade is forecast to grow by over 6% annually in this period. Service have increased their share of world trade faster than manufactured goods in the two decades to 1995. Market liberalization has helped foster globalization of world trade. The fastest growth is likely to occur in East Asia, followed by South Asia.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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