Abstract
The slowdown in the world economy has not been as great as expected. Japan and Germany are experiencing strong growth and some inflationary pressure. There are fears of recession in the United States. But at the world level neither worsening inflation nor a slide into recession appears to be a realistic short-term prospect.
Original language | English |
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Pages (from-to) | 1-4 |
Number of pages | 4 |
Journal | Quarterly Economic Commentary |
Volume | 15 |
Issue number | 1 |
Publication status | Published - Sep 1989 |
Keywords
- world economic forecasts
- global economic trends
- macroeconomic trends
- labour market conditions
- world industrial output