The economic background [September 1997]

Low, Kenneth and Ashcroft, Brian and Swales, Kim (1997) The economic background [September 1997]. Quarterly Economic Commentary, 22 (4). pp. 1-5. ISSN 0306-7866

[thumbnail of FEC_22_4_1997_LowKAshcroftBSwalesK]
Text. Filename: FEC_22_4_1997_LowKAshcroftBSwalesK.pdf
Final Published Version

Download (371kB)| Preview


The global economy continues to perform well with steady growth, low inflation and rising trade. The US, growing at above trend level, still continues to provide much of the stimulus to world growth. NAFTA growth is expected to outstrip that of the EU and OECD Asia.