The economic background [March 1997]

Kenneth Low; Brian Ashcroft; Kim Swales

The economic background [March 1997]

Kenneth Low, Brian Ashcroft, Kim Swales

Economics

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Abstract

The US economy remains strong and there is now widespread signs of recovery in most developed economies in 1997 from the slight pause in growth in 1996. For 1997 growth is expected to be between 2-2.5% for the North Americas, Europe and the OECD Asia region. Long term interest rates are expected to remain at historically low levels due to the expectations of low levels of inflation in all three areas.

Original language	English
Pages (from-to)	1-4
Number of pages	4
Journal	Quarterly Economic Commentary
Volume	22
Issue number	2
Publication status	Published - Mar 1997

Keywords

Scottish economic appraisal
Scottish economic activity

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abstract = "The US economy remains strong and there is now widespread signs of recovery in most developed economies in 1997 from the slight pause in growth in 1996. For 1997 growth is expected to be between 2-2.5% for the North Americas, Europe and the OECD Asia region. Long term interest rates are expected to remain at historically low levels due to the expectations of low levels of inflation in all three areas.",

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KW - Scottish economic activity

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The economic background [March 1997]

Abstract

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