America meets Europe in Wyoming

Article Abstract:

European and American bankers held a symposium in Jackson Hole, WY, to discuss strategies for promoting long-term economic growth. There was disagreement as to how investment should be increased, and factors such as inflation and national education levels were discussed.

Conferences, meetings and seminars, International banking

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More than meets the eye

Article Abstract:

Concerns in the US about the decline in productivity may be unfounded. The statistics that indicate a drop in GDP growth could be the result of miscalculation due to the difficulty of measuring the output of the expanding service sector.

Analysis, Productivity accounting

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Nowhere to hide

Article Abstract:

Economies throughout the world are weakening, with industrial production down and GDP rising only very slightly, or even declining. Unlike the 1990 recession, emerging economies will not be able to prop up the rich world.

Gross domestic product

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