The world economy [September 1992]

McFarland, Mark and Ashcroft, Brian and Draper, Paul and Dunlop, Stewart and Leif, Kevin and Love, Jim and Lockyer, Cliff and Malloy, Eleanor and McGregor, Peter and McNicoll, Iain and McRory, Eric and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1992) The world economy [September 1992]. Quarterly Economic Commentary, 18 (1). pp. 4-7. ISSN 0306-7866

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Abstract

The world economy is faced with uncertainty as the long term effects of a large debt overhang remain unknown. It seems likely that a slow recovery will begin early next year as world trade resumes and lower German interest rates boost growth in Europe. Further analysis of the latest global economic data are also provided.