The world economy [December 2003]

Kenneth Low

The world economy [December 2003]

Kenneth Low

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Abstract

The world economy is now picking up with strong growth in the US and the Far East economies. Europe remains relatively weak and since the last quarter has worsened slightly. It is not expected to improve until next year with a return to trend growth forecast for 2005. The forecasts for world growth and trade have both improved since the last quarter. The outlook for the world economy remains good. The downside risks are the uncertainty over terrorist attacks in the west, the size of the US deficit, and the continued weakness in Europe.

Original language	English
Pages (from-to)	12-14
Number of pages	3
Journal	Quarterly Economic Commentary
Volume	28
Issue number	4
Publication status	Published - Dec 2003

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 16 Peace, Justice and Strong Institutions

Keywords

world economic performance
world economic output
global GDP

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title = "The world economy [December 2003]",

abstract = "The world economy is now picking up with strong growth in the US and the Far East economies. Europe remains relatively weak and since the last quarter has worsened slightly. It is not expected to improve until next year with a return to trend growth forecast for 2005. The forecasts for world growth and trade have both improved since the last quarter. The outlook for the world economy remains good. The downside risks are the uncertainty over terrorist attacks in the west, the size of the US deficit, and the continued weakness in Europe.",

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KW - world economic output

KW - global GDP

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The world economy [December 2003]

Abstract

UN SDGs

Keywords

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