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The world economy [June 1988]

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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 languageEnglish
Pages (from-to)1-4
Number of pages4
JournalQuarterly Economic Commentary
Volume13
Issue number4
Publication statusPublished - 1 Jun 1988

Keywords

  • Fraser of Allander
  • world economic activity
  • world economy

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