Executive summary

Article Abstract:

US and United Kingdom economic growth looks set to slow in 1998, and Japan and mainland Europe will become more important in contributing to world economic growth. There is little evidence that US productivity is rising enough to allow higher growth with no inflation. Meanwhile, UK growth looks set to slow for a number of reasons, and a soft landing appears likely. Financial instability in Asia is likely to affect industrialized economies. European monetary union contributes to uncertainties though a smooth transition appears likely.

United States economic conditions, Asia, Western Europe, Economic forecasting, 1998 AD

---

UK assessment

Article Abstract:

The UK economy is undergoing a significant revival. Services output rose by 0.6% in the second quarter of 1999, when gross domestic product also increased by 0.6%. Some observers fear that economic recovery will be too strong, bringing inflationary pressures. It seems likely that interest rates of 6.5% will be sufficient to prevent economic overheating and ensure that inflationary pressures remain under control.

Services GDP, Forecasts and trends, Statistics, Gross domestic product, Services industry, Service industries, Inflation (Economics)

---

UK assessment

Article Abstract:

The effect of rising petroleum prices on the British economy is examined in detail in terms of prices and growth.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Petroleum industry

Similar abstracts:

• Abstracts: Executive summary
• Abstracts: Comments. The American time use survey. Occupational licensing
• Abstracts: International Financial Arrangements: Architecture and Plumbing. Further Reasons for Maintaining Low Inflation
• Abstracts: The Effects of Business-to-Business E-Commerce on Transaction Costs. What fraction of Captial Investments is sunk costs?
• Abstracts: Economic development and income distribution in Japan: an assessment of the Kuznets hypothesis. Rethinking self-sufficiency: employment, families and welfare

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.