We must learn how to live in a world of low inflation

Article Abstract:

Many economists are now looking at the possible ways in which the world economy and financial markets will differ in the next 50 years from the conditions seen in the last 50 years. It is likely that demographic change alone will have a significant impact on financial markets. Many investment opportunities will be in what are still regarded as developing countries. The trend towards lower inflation now seems to be firmly established, and the 21st century may be one of stable prices. There will be significant adjustment in the early years of the 21st century.

Author: McRae, Hamish
Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Inflation (Finance), Inflation (Economics)

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Who will save us from this next dip?

Article Abstract:

Recent forecasts about the prospects for the world economy have become increasingly pessimistic. It appears that the rate of economic expansion in all the large economies has slowed down over the last few months, and some observers are now predicting a renewed recession. Industrialised countries must now adopt to a changing balance of influence in the world economy, and must accept that economic growth may now come from Russia, China or Latin America.

Author: McRae, Hamish

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We are heading for a pause and then prosperity

Article Abstract:

Reasonable macro-economic stability will continue under a second term in government for the UK Labour party. However, there will be a pause in economic growth, probably with two hard years being followed by a lengthy period of better conditions.

Author: McRae, Hamish
United Kingdom, Economic aspects, Brief Article

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Subjects list: Forecasts and trends, Column, Economic development
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