The world economy [September 1988]

Ashcroft, Brian and Love, Jim and Battu, Harminder and Boyle, Stephen and Draper, Paul and Dunlop, Stewart and Grehan, Janet and Harrigan, Frank and Heeley, John and Lockyer, Cliff and Monaghan, Claire and McGregor, Peter and McNicoll, Iain and Perman, Roger and Stevens, Jim (1988) The world economy [September 1988]. Quarterly Economic Commentary, 14 (1). pp. 1-5. ISSN 2046-5378

[thumbnail of FEC_14_1_1988_World_Economy]
Preview
 Text. Filename: FEC_14_1_1988_World_Economy.pdf
Final Published Version
Download (346kB)| Preview

Abstract

The performance of the main economies has been surprisingly buoyant in recent months. It appears likely that the growth of the world economy in 1988 will be nearer 4% than the 3% originally predicted. The balance of demand is shifting in favour of investment. The growth of investment is sufficiently strong generally to be described as a "boom". There has been some further improvement in international trade imbalances since we last reported. But the improvement is being frustrated by the recent appreciation of the dollar, the depreciation of the D-Mark, and the stronger rate of growth of the US economy.

ORCID iDs

Ashcroft, Brian, Love, Jim, Battu, Harminder, Boyle, Stephen, Draper, Paul, Dunlop, Stewart ORCID logoORCID: https://orcid.org/0000-0002-5729-9299, Grehan, Janet, Harrigan, Frank, Heeley, John, Lockyer, Cliff, Monaghan, Claire, McGregor, Peter ORCID logoORCID: https://orcid.org/0000-0003-1221-7963, McNicoll, Iain, Perman, Roger ORCID logoORCID: https://orcid.org/0000-0002-6862-7462 and Stevens, Jim ORCID logoORCID: https://orcid.org/0000-0001-6035-1580; Ashcroft, Brian and Love, Jim
CORE (COnnecting REpositories)