Growth in the world economy is slowing down compared with the rate achieved during 1988 but the slow-down may not be as great as expected. Inflationary pressures continue to be present, particularly in Japan and Germany, although the recent general tightening of policies should begin to show some effects by the end of the year. But the bias in favour of monetary policy is arguably contributing to the failure to remove the world economy's principal financial imbalances. Growth is now expected to be around 3.5% during 1989 compared with a rate above 4% in 1988 and the earlier expectation of 3% growth in 1989
The recovery in the world economy which began in 1982 now appears to be moving out of its fastest gr...
Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been...
Since the publication of our last Commentary in January 2001 the extent of the slowdown in the world...
Growth in the world economy remained strong at the end of last year producing an outturn of around 4...
Growth in the world economy is slowing down compared with the rate achieved during 1988 but the slow...
The slowdown in the world economy has not been as great as expected. Japan and Germany are experienc...
The early part of 1990 saw continued slowing of economic growth in the major industrialised countrie...
The economies of the major industrialised countries have proved quite resilient to the steady tighte...
The seven largest OECD countries showed GDP growth, in real terms, of 0.35% in the second quarter of...
The outlook for the world economy is, on balance, probably more favourable than when we last reporte...
Growth in the world economy appears to be continuing at a brisk rate. Recent forecasts suggest that ...
The growth of Gross Domestic Product slowed rapidly for the major industrialised countries in the la...
The buoyancy of the main economies continues. Investment now appears to be the principal driving for...
The present recovery in the world economy has now proceeded for almost twice as long as the typical ...
The performance of the main economies has been surprisingly buoyant in recent months. It appears lik...
The recovery in the world economy which began in 1982 now appears to be moving out of its fastest gr...
Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been...
Since the publication of our last Commentary in January 2001 the extent of the slowdown in the world...
Growth in the world economy remained strong at the end of last year producing an outturn of around 4...
Growth in the world economy is slowing down compared with the rate achieved during 1988 but the slow...
The slowdown in the world economy has not been as great as expected. Japan and Germany are experienc...
The early part of 1990 saw continued slowing of economic growth in the major industrialised countrie...
The economies of the major industrialised countries have proved quite resilient to the steady tighte...
The seven largest OECD countries showed GDP growth, in real terms, of 0.35% in the second quarter of...
The outlook for the world economy is, on balance, probably more favourable than when we last reporte...
Growth in the world economy appears to be continuing at a brisk rate. Recent forecasts suggest that ...
The growth of Gross Domestic Product slowed rapidly for the major industrialised countries in the la...
The buoyancy of the main economies continues. Investment now appears to be the principal driving for...
The present recovery in the world economy has now proceeded for almost twice as long as the typical ...
The performance of the main economies has been surprisingly buoyant in recent months. It appears lik...
The recovery in the world economy which began in 1982 now appears to be moving out of its fastest gr...
Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been...
Since the publication of our last Commentary in January 2001 the extent of the slowdown in the world...