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Although still beset with many problems, the world economy took a decided turn for the better in 1983 …
Persistent link: https://www.econbiz.de/10014412191
Staff work for this report has entailed mainly a forecasting exercise covering 1983 in depth and 1984 on a preliminary basis. The 1984 projections are not presented in tabular form but are incorporated at various point in the text to amplify the analysis
Persistent link: https://www.econbiz.de/10015058319
The global economy is at another highly uncertain moment: tentative signs of stabilization earlier this year have receded, and the outlook is increasingly risky and uncertain. At the same time, divisions within and across countries are deepening, exacerbated by rising fragmentation. Strong...
Persistent link: https://www.econbiz.de/10015059530
This paper examines the World Economic Outlook forecasting record for the principal performance indicators for the … developments in policy variables and oil prices. In judging the forecast performance of the World Economic Outlook, a number of … points must be kept in mind. Most important, it has to be recognized that the period since the inception of the World …
Persistent link: https://www.econbiz.de/10014400509
This paper discusses commodity prices might serve as a useful leading indicator of inflation, based on the relative importance of flexible auction markets for the determination of these prices. They thus may have a tendency to respond relatively quickly, especially in response to monetary...
Persistent link: https://www.econbiz.de/10014401015
This paper describes the functioning of labor markets and to eliminate other structural obstacles to noninflationary growth. The decline in the price level in the home country will involve a rise in the real money supply and, if output is sluggish, this will result in an excess supply of money....
Persistent link: https://www.econbiz.de/10014401016
developing world. In keeping with developments in global markets, these flows have increasingly been in the form of purchases of …
Persistent link: https://www.econbiz.de/10014396511
This paper provides an analysis of the market developments in 1988 with respect to primary commodities and the outlook for these commodities in the near and medium term. Attention is focused on the major nonfuel primary commodities traded in international markets. Movements in the overall price...
Persistent link: https://www.econbiz.de/10014396514
high level of investment activity, an increase in the volume of world trade, and an environment of relatively stable prices …
Persistent link: https://www.econbiz.de/10014397588
This paper presents an outlook for the world economy for 1997–98. With world output expected to expand by some 41 …
Persistent link: https://www.econbiz.de/10014399289