Abstract
Language | English |
---|---|
Pages | 14-18 |
Number of pages | 5 |
Journal | Quarterly Economic Commentary |
Volume | 31 |
Issue number | 2 |
Publication status | Published - Oct 2006 |
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Keywords
- Fraser of Allander Institute
- Scottish economy
- world economy
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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 -