The world economy [June 1993]

McFarland, Mark and Ashcroft, Brian and Draper, Paul and Dunlop, Stewart and Leith, Campbell and Le Tissier, Sarah and Lockyer, Cliff and Malloy, Eleanor and McGough, Tony and McGregor, Peter and McNicoll, Iain and McRory, Eric and Reid, Clare and Smith, Ronnie and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1993) The world economy [June 1993]. Quarterly Economic Commentary, 18 (4). pp. 1-4. ISSN 0306-7866

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    Abstract

    In the fourth quarter of 1992 quarterly GDP/GNP growth averaged 0.9% in the four major world economies. The world economy remained in the doldrums as growth slowed in the USA and both Japan and Western Europe stagnated. This brief analysis sets out growth rates for each country and provides a provisional estimate for the USA and the UK in the first quarter.