International Monetary Fund / Research Dept - 1992
This paper highlights that world economic activity showed signs of revival in the first half of 1992 as some major … economies slowly began to emerge from the cyclical downturns of 1990–91. During the next 12 months, world growth is expected to … continue to recover at a moderate pace. Following stagnation in 1991, world output is projected to expand by 1 percent in 1992 …