The world economy [March 1993]

McFarland, Mark and Ashcroft, Brian and Brooks, Richard and Draper, Paul and Dunlop, Stewart and Lockyer, Cliff and Love, Jim and Malloy, Eleanor and McGough, Tony and McGregor, Peter and McLellan, R and McNicoll, Iain and McRory, Eric and O'Brien, Vanessa and Smith, R and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1993) The world economy [March 1993]. Quarterly Economic Commentary, 18 (3). pp. 1-4. ISSN 0306-7866

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In the third quarter of 1992 quarterly GDP/GNP growth averaged -0.1% in the main four world economies. The position of the USA improved but growth slowed dramatically in Japan and Germany. This analysis sets out growth rates for each country and provides a provisional estimate for the USA and the UK in the fourth quarter. Growth rates for these two are the normally quoted annualized quarterly growth rates.