Abstract
Growth in the world economy appears to be continuing at a brisk rate. Recent forecasts suggest that output should expand by about 3% this year compared with 3.IX in 1987. The outlook therefore appears to be more favourable than when we last reported; a reflection of the limited impact to date of the October stock market crash. Some progress has been made in adjusting the key trade imbalances but progress remains slow.
| Original language | English |
|---|---|
| Pages (from-to) | 1-4 |
| Number of pages | 4 |
| Journal | Quarterly Economic Commentary |
| Volume | 13 |
| Issue number | 4 |
| Publication status | Published - 1 Jun 1988 |
Keywords
- Fraser of Allander
- world economic activity
- world economy
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