The correct view of the recession

Article Abstract:

The annual report on the state of the world's finances published recently by the Bank for International Settlements (BIS) gives a clear view of the nature of the recent world recession. It indicates that Anglo-Saxon nations experienced the recession first, during the first half of 1991, followed by the rest of the world two years later. It also details several principles for policymakers, the main one being that countries should pay attention to the signals of the market and adapt policies accordingly.

Reports, Bank for International Settlements

---

Italy's 'olive tree' coalition may yet surprise Europe

Article Abstract:

Financial markets have reacted positively to the election of a left-of-centre government in Italy. It is recognised that there is now a chance that Italy could return to fiscal discipline. The depreciation of the lira has already helped the country's economy, and further progress could now be made. The country saw economic growth of 3.2% in 1995, and will still be expanding more rapidly than countries traditionally regarded as much stronger even if it only achieves growth of 2% in 1996.

Italy, Political aspects

---

Fear of recession stalks Europe

Article Abstract:

There are now growing fears that Europe is entering recession, even though the economic fundamentals have not actually changed very much. This has prompted a number of politicians to make defensive statements. It is now possible that France and Germany will see no growth at all, or even a decline, in the first half of 1996, and interest rates are set to fall.

Similar abstracts:

• Abstracts: The real wreckers of the Union. The ghost of real politics stalk a silent, disregarded palace
• Abstracts: The last oik of the British Empire. The dangers of a spoon-fed diet. Drivel that deserved to self-deconstruct
• Abstracts: Lost in the translation. Best of British. How would-be solicitors are selling themselves
• Abstracts: To play the queen. What Norman really means to the RA. Get thee to the provinces
• Abstracts: Oxbridge: a game for rich kids? Appliance to science but women still miss out on first degree. Church schools want ballots, too

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.