The world economy [September 1988]

Brian Ashcroft, Jim Love, Harminder Battu, Stephen Boyle, Paul Draper, Stewart Dunlop, Janet Grehan, Frank Harrigan, John Heeley, Cliff Lockyer, Claire Monaghan, Peter McGregor, Iain McNicoll, Roger Perman, Jim Stevens, Brian Ashcroft (Editor), Jim Love (Editor)

Research output: Contribution to journalArticle

37 Downloads (Pure)

Abstract

The performance of the main economies has been surprisingly buoyant in recent months. It appears likely that the growth of the world economy in 1988 will be nearer 4% than the 3% originally predicted. The balance of demand is shifting in favour of investment. The growth of investment is sufficiently strong generally to be described as a "boom". There has been some further improvement in international trade imbalances since we last reported. But the improvement is being frustrated by the recent appreciation of the dollar, the depreciation of the D-Mark, and the stronger rate of growth of the US economy.
Original languageEnglish
Pages (from-to)1-5
Number of pages5
JournalQuarterly Economic Commentary
Volume14
Issue number1
Publication statusPublished - 1 Sep 1988

Keywords

  • Fraser of Allander Institute
  • world economic outlook
  • world economy

Fingerprint Dive into the research topics of 'The world economy [September 1988]'. Together they form a unique fingerprint.

  • Cite this

    Ashcroft, B., Love, J., Battu, H., Boyle, S., Draper, P., Dunlop, S., Grehan, J., Harrigan, F., Heeley, J., Lockyer, C., Monaghan, C., McGregor, P., McNicoll, I., Perman, R., Stevens, J., Ashcroft, B. (Ed.), & Love, J. (Ed.) (1988). The world economy [September 1988]. Quarterly Economic Commentary, 14(1), 1-5.