We're all more optimistic about the future

Article Abstract:

Key factors influencing the performance of the leading industrialized economies in 2002 will include the trend towards consumers saving more as they become more concerned about wage cuts and unemployment. The world economy may perform better in 2002 than in 2001, but close attention will be given to whether a sustained recovery really is possible.

Economics, Research and Development in the Social Sciences and Humanities, World, Financial analysis, Economic development

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Forget inflation: falling prices are biggest threat

Article Abstract:

The potential problems associated with deflation are discussed. In particular, deflation increases the value of money in comparison with the value of risky assets such as property. This makes it hard to align lenders with borrowers.

Deflation (Finance), Deflation (Economics)

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