Western Europe: international economy
Article Abstract:
Aggregate output in Germany, Italy, Spain and France was 1.5% higher in the third quarter compared to a year earlier, indicating a general improvement in economic conditions. Significant influences include the tighter fiscal policy and the downtrend in long term interest rates. Budgetary policy is tightening further in 1997, although the Ecu is worth 10% less against the dollar. There are signs of an improvement in investment spending. The labour market throughout northern Europe is expected to remain bleak, although southern Europe has seen employment growing, particularly in Spain.
Publication Name: Barclays Economic Review
Subject: Business, international
ISSN: 0956-5574
Year: 1997
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International economy: Western Europe
Article Abstract:
Economic growth in Western Europe was 3% during the first six months of 1998. However, although net exports increased by 10% during the same period, the rate of net import was higher. Exports have been affected by recessions and the global economic crisis. Domestic demand is still strong because of low inflation and low borrowing rates. The manufacturing sector has been affected by falling global demand and industrial production has decreased from around 6% in the first quarter to 3% during the third. Retail and construction sectors remain buoyant.
Publication Name: Barclays Economic Review
Subject: Business, international
ISSN: 0956-5574
Year: 1998
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West Europe
Article Abstract:
A summary and assessment of the economy in West Europe in 1999 is presented, along with forecasts.
Publication Name: Barclays Economic Review
Subject: Business, international
ISSN: 0956-5574
Year: 2000
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