The world economy [October 2006]

Kenneth Low

Research output: Contribution to journal › Article

Abstract

Growth in the world economy is still relatively strong, although US growth has slowed slightly. Inflationary pressures are clearly more visible than previously and the general trend for global monetary policy is for a tighter stance. Prices continue to be driven by energy prices, although there are few signs of this feeding through into wage bargains. Japan and China once again have performed strongly in the East while the Euro Area has shown significant improvements. There is still some concern over the pace of private consumption growth in Germany. The outlook for the world economy is still optimistic over the next two years.
LanguageEnglish
Pages14-18
Number of pages5
JournalQuarterly Economic Commentary
Volume31
Issue number2
Publication statusPublished - Oct 2006

Fingerprint

World economy
China
Wages
Euro area
Japan
Monetary policy
Consumption growth
Energy prices
Private consumption
Germany

Keywords

  • Fraser of Allander Institute
  • Scottish economy
  • world economy

Cite this

Low, Kenneth. / The world economy [October 2006]. In: Quarterly Economic Commentary. 2006 ; Vol. 31, No. 2. pp. 14-18.
@article{ad43a3f883514c2a81ef61750cf8fc3a,
title = "The world economy [October 2006]",
abstract = "Growth in the world economy is still relatively strong, although US growth has slowed slightly. Inflationary pressures are clearly more visible than previously and the general trend for global monetary policy is for a tighter stance. Prices continue to be driven by energy prices, although there are few signs of this feeding through into wage bargains. Japan and China once again have performed strongly in the East while the Euro Area has shown significant improvements. There is still some concern over the pace of private consumption growth in Germany. The outlook for the world economy is still optimistic over the next two years.",
keywords = "Fraser of Allander Institute, Scottish economy, world economy",
author = "Kenneth Low",
year = "2006",
month = "10",
language = "English",
volume = "31",
pages = "14--18",
journal = "Fraser of Allander Economic Commentary",
issn = "2046-5378",
publisher = "University of Strathclyde",
number = "2",

}

Low, K 2006, 'The world economy [October 2006]' Quarterly Economic Commentary, vol. 31, no. 2, pp. 14-18.

The world economy [October 2006]. / Low, Kenneth.

In: Quarterly Economic Commentary, Vol. 31, No. 2, 10.2006, p. 14-18.

Research output: Contribution to journal › Article

TY - JOUR

T1 - The world economy [October 2006]

AU - Low, Kenneth

PY - 2006/10

Y1 - 2006/10

N2 - Growth in the world economy is still relatively strong, although US growth has slowed slightly. Inflationary pressures are clearly more visible than previously and the general trend for global monetary policy is for a tighter stance. Prices continue to be driven by energy prices, although there are few signs of this feeding through into wage bargains. Japan and China once again have performed strongly in the East while the Euro Area has shown significant improvements. There is still some concern over the pace of private consumption growth in Germany. The outlook for the world economy is still optimistic over the next two years.

AB - Growth in the world economy is still relatively strong, although US growth has slowed slightly. Inflationary pressures are clearly more visible than previously and the general trend for global monetary policy is for a tighter stance. Prices continue to be driven by energy prices, although there are few signs of this feeding through into wage bargains. Japan and China once again have performed strongly in the East while the Euro Area has shown significant improvements. There is still some concern over the pace of private consumption growth in Germany. The outlook for the world economy is still optimistic over the next two years.

KW - Fraser of Allander Institute

KW - Scottish economy

KW - world economy

UR - http://www.strath.ac.uk/frasercommentary/

UR - http://www.strath.ac.uk/fraser/

M3 - Article

VL - 31

SP - 14

EP - 18

JO - Fraser of Allander Economic Commentary

T2 - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

SN - 2046-5378

IS - 2

ER -

Low K. The world economy [October 2006]. Quarterly Economic Commentary. 2006 Oct;31(2):14-18.

Access to Document