Picture of boy being examining by doctor at a tuberculosis sanatorium

Understanding our future through Open Access research about our past...

Strathprints makes available scholarly Open Access content by researchers in the Centre for the Social History of Health & Healthcare (CSHHH), based within the School of Humanities, and considered Scotland's leading centre for the history of health and medicine.

Research at CSHHH explores the modern world since 1800 in locations as diverse as the UK, Asia, Africa, North America, and Europe. Areas of specialism include contraception and sexuality; family health and medical services; occupational health and medicine; disability; the history of psychiatry; conflict and warfare; and, drugs, pharmaceuticals and intoxicants.

Explore the Open Access research of the Centre for the Social History of Health and Healthcare. Or explore all of Strathclyde's Open Access research...

Image: Heart of England NHS Foundation Trust. Wellcome Collection - CC-BY.

The world economy [March 1992]

Love, Jim and Ashcroft, Brian and Brooks, Richard and Draper, Paul and Dunlop, Stewart and Leif, Kevin and Lockyer, Cliff and Malloy, Eleanor and McFarland, Mark and McGregor, Peter and McNicoll, Iain and McRory, Eric and Perman, Roger and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1992) The world economy [March 1992]. Quarterly Economic Commentary, 17 (3). pp. 3-5. ISSN 0306-7866

[img]
Preview
PDF (FEC_17_3_1992_World_Economy)
FEC_17_3_1992_World_Economy.pdf
Final Published Version

Download (282kB) | Preview

Abstract

This brief article provides an analysis of key world economic trends based on recent data. GDP growth in the major industrialised countries showed a slight further decline in the third quarter of 1991. Comparing the third quarter with the corresponding period in the previous year, average growth in the G7 countries was 0.5%. This compares with 1.1% for the year to the first quarter of 1991 and 2.3% for the calendar year 1990. As with the previous quarter, German GDP showed a sharp fall, falling below 2% for the year to September. Individual country growth rates were as follows (Q3 1991 on Q3 1990): Canada -0.8%; US -0.9%; Japan 4.2%; France 1.4%; Germany 1.9%; Italy 0.9%; UK -2.2%. Industrial production did, however, show some recovery in the second half of the year.