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World economy

Article Abstract:

There have been apparently positive developments in the world economy in Mar 1999, with signs of recovery in Japan and elsewhere in Asia, especially South Korea. Stock prices have risen to record levels in some markets. There is still cause for concern from factors such as rising petroleum prices, which could contribute to inflation. There is also concern about the US investment and consumer boom, funded by borrowing, with weak investment and high savings levels outside the US. A correction of this imbalance could be painful for all concerned.

Publisher: Blackwell Publishers Ltd.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 1999
Gross Private Savings, Analysis, United States economic conditions, Economic forecasting

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World economy

Article Abstract:

World economic growth is robust and inflation subdued, though there is concern about high US growth levels. Europe looks set for a recovery led by investment. Meanwhile, interest rates have been raised by central banks in the US and Europe.

Publisher: Blackwell Publishers Ltd.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 2000
Gross Domestic Product, Statistics, 2000 AD

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