The world economy [March 1988]
Ashcroft, Brian and Love, Jim and Boyle, Stephen and Draper, Paul and Dunlop, Stewart and Jenkins, Iain and Lockyer, Cliff and McGregor, Peter and McNicolI, Iain and Pearlman, Mike and Simpson, David and Stevens, Jim (1988) The world economy [March 1988]. Quarterly Economic Commentary, 13 (3). pp. 4-7. ISSN 2046-5378
Preview |
Text.
Filename: FEC_13_3_1988_World_Economy.pdf
Final Published Version Download (291kB)| Preview |
Abstract
The outlook for the world economy is, on balance, probably more favourable than when we last reported in November: a further significant deterioration in equity prices has been avoided and business confidence appears to be holding up well. World economic growth will be lower in 1988 than would have been the case but there appears a good chance that recession can be avoided. The key to future exchange rate stability and the maintenance of business confidence in the world economy rests on the progress being made in the US, Japan and West Germany in introducing domestic macro-economic policies to remove the continuing financial imbalances. West Germany's weakening resolve in this connection is a major cause for concern.
-
-
Item type: Article ID code: 53213 Dates: DateEvent1 March 1988PublishedSubjects: Social Sciences > Economic History and Conditions Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 03 Jun 2015 10:07 Last modified: 25 Apr 2024 00:34 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/53213