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Intereconomics

, Volume 29, Issue 1, pp 49–52 | Cite as

World economy taking a turn for the better

  • Günter Großer
  • Günter Weinert
Economic Trends
  • 9 Downloads

Abstract

After a three-year slowdown in the world economy, unemployment in the industrial countries is again almost as high as at the end of the recession in the early eighties. Any improvement will be dependent on a distinct resurgence of economic activity. With the recovery in the USA gaining greater momentum and the recession in Western Europe evidently coming to an end, the outlook in recent months has brightened. Will expansionary forces prevail in 1994?

Keywords

Interest Rate Monetary Policy Industrial Country Fiscal Policy Economic Trend 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© HWWA and Springer-Verlag 1994

Authors and Affiliations

  • Günter Großer
    • 1
  • Günter Weinert
    • 1
  1. 1.Hamburg Institute for Economic Research (HWWA)HamburgGermany

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