The world economy [June 2008]
Low, Kenneth (2008) The world economy [June 2008]. Fraser of Allander Economic Commentary, 32 (1). pp. 17-23. ISSN 2046-5378
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Abstract
Global growth is forecast to slow to 4.2 per cent in 2008 (from 4.7 per cent in 2007) but this better than expected and performance is driven largely by the Asian economies. US growth is forecast to slow to 1.3 per cent this year (compared to 2.2 per cent last year) while in the Euro Area, growth is forecast to be only 1.5 per cent in 2008 after growth of 2.6 per cent in 2007. China and India are forecast to continue to grow rapidly in 2008 (10.4 per cent in China). Japan and the rest of Asia are also doing well mainly due to the stimulus of Chinese demand and trade.
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Item type: Article ID code: 46891 Dates: DateEventJune 2008PublishedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 25 Feb 2014 16:25 Last modified: 27 Sep 2024 00:47 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/46891
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