Learning to live in a world of falling prices
Article Abstract:
Deflation has now become a feature in the UK, as is the case in a growing number of other countries. It is likely that this trend will accelerate in 1999. Deflation is likely to have a number of repercussions for the UK. The inflation target of 2.5% may prove to be too high, and the economy may be affected by a rapid decline in interest rates worldwide. It is possible that bond yields will fall to very low levels. The justification for rising costs in the public sector will vanish, and the public sector will come under strong pressure to live within existing tax revenues.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Now, more than ever, we need to keep China happy
Article Abstract:
Serious international economic problems could emerge as a result of threats to the trade relationship between China and the US, the most rapidly expanding trade relationship in the world. It seems likely that conflict between the US and China over trade will eventually be resolved, as it is in the interests of both countries to have a strong trading relationship. A full-scale trade war between the US and China would be extremely damaging.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Japanese disease may be spreading quicker than we had feared
Article Abstract:
Japan is facing serious economic difficulties, with debt at 130% of GDP and forecast to rise to 180% by 2006. There are now growing fears that Japan's economic problems may start to be seen in other countries. Deflation, a key feature of Japan's situation, is beginning to be seen in the rest of the world.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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