The world economy [September 1990]

Jim Love, Brian Ashcroft, Neil Dourmashkin, Paul Draper, Stewart Dunlop, Cliff Lockyer, Lesley Magee, Eleanor Malloy, Claire Monaghan, Peter McGregor, Iain McNicoll, Eric McRory, Roger Perman, Jim Stevens, Kim Swales, Jim Love, Fraser of Allander Institute

Research output: Contribution to journalArticle

Abstract

The early part of 1990 saw continued slowing of economic growth in the major industrialised countries. GDP growth in the top seven industrialised nations (the G7) was just 0.5% in the first quarter, the same as the final quarter of 1989. For the year to March G7 GDP growth slowed to 2.4% compared with 3.3% for calendar year 1989. The most rapid slowdown occurred in the US where 3.0% growth in 1989 fell to 2.1% in the year to March. Overall G7 growth would have been considerably lower had it not been for increases in the growth rates of West Germany (4.3%) and Japan (5.5%). Growth rates for the remaining G7 countries (excluding Italy) were as
follows: Canada 2.2%; France 2.5%; UK 1.8%. Global macroeconomic trends are examined as well as labour market conditions.
LanguageEnglish
Pages4-7
Number of pages4
JournalQuarterly Economic Commentary
Volume16
Issue number1
Publication statusPublished - Sep 1990

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GDP growth
World economy
G-7 countries
Canada
Developed countries
Japan
Calendar
Labour market
West Germany
Market conditions
Macroeconomics
Economic growth
Italy
France

Keywords

  • economic forecasts
  • global economic trends
  • macroeconomic policy

Cite this

Fraser of Allander Institute (1990). The world economy [September 1990]. Quarterly Economic Commentary, 16(1), 4-7.
Fraser of Allander Institute. / The world economy [September 1990]. In: Quarterly Economic Commentary. 1990 ; Vol. 16, No. 1. pp. 4-7.
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Fraser of Allander Institute 1990, 'The world economy [September 1990]' Quarterly Economic Commentary, vol. 16, no. 1, pp. 4-7.

The world economy [September 1990]. / Fraser of Allander Institute.

In: Quarterly Economic Commentary, Vol. 16, No. 1, 09.1990, p. 4-7.

Research output: Contribution to journalArticle

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AU - Love, Jim

AU - Ashcroft, Brian

AU - Dourmashkin, Neil

AU - Draper, Paul

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AU - Magee, Lesley

AU - Malloy, Eleanor

AU - Monaghan, Claire

AU - McGregor, Peter

AU - McNicoll, Iain

AU - McRory, Eric

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Fraser of Allander Institute. The world economy [September 1990]. Quarterly Economic Commentary. 1990 Sep;16(1):4-7.