The economic background [June 1998]

Low, Kenneth and Ashcroft, Brian and Swales, Kim (1998) The economic background [June 1998]. Quarterly Economic Commentary, 23 (3). pp. 1-6. ISSN 0306-7866

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The effects of the Asian financial crisis are now being felt across the globe but in Europe the slowdown in growth will present a soft rather than hard landing this year. The slowdown is forecast to continue into 1999.