The world economy [September 1990]

Fraser of Allander Institute

The world economy [September 1990]

Fraser of Allander Institute

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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.

Original language	English
Pages (from-to)	4-7
Number of pages	4
Journal	Quarterly Economic Commentary
Volume	16
Issue number	1
Publication status	Published - Sept 1990

Keywords

economic forecasts
global economic trends
macroeconomic policy

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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title = "The world economy [September 1990]",

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 asfollows: Canada 2.2%; France 2.5%; UK 1.8%. Global macroeconomic trends are examined as well as labour market conditions.",

keywords = "economic forecasts, global economic trends, macroeconomic policy",

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

year = "1990",

month = sep,

language = "English",

volume = "16",

pages = "4--7",

journal = "Quarterly Economic Commentary",

issn = "0306-7866",

publisher = "University of Strathclyde",

number = "1",

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TY - JOUR

T1 - The world economy [September 1990]

AU - Love, Jim

AU - Ashcroft, Brian

AU - Dourmashkin, Neil

AU - Draper, Paul

AU - Dunlop, Stewart

AU - Lockyer, Cliff

AU - Magee, Lesley

AU - Malloy, Eleanor

AU - Monaghan, Claire

AU - McGregor, Peter

AU - McNicoll, Iain

AU - McRory, Eric

AU - Perman, Roger

AU - Stevens, Jim

AU - Swales, Kim

AU - Love, Jim

AU - Fraser of Allander Institute

PY - 1990/9

Y1 - 1990/9

N2 - 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 asfollows: Canada 2.2%; France 2.5%; UK 1.8%. Global macroeconomic trends are examined as well as labour market conditions.

AB - 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 asfollows: Canada 2.2%; France 2.5%; UK 1.8%. Global macroeconomic trends are examined as well as labour market conditions.

KW - economic forecasts

KW - global economic trends

KW - macroeconomic policy

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

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

M3 - Article

SN - 0306-7866

VL - 16

SP - 4

EP - 7

JO - Quarterly Economic Commentary

JF - Quarterly Economic Commentary

IS - 1

ER -

The world economy [September 1990]

Abstract

Keywords

UN SDGs

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