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supplemented by the country notes of other AIECE institutes from all over Europe. The authors analyze the economic situation in the … in Central and Eastern Europe.¤ In Western Europe, growth is forecast to continue at rates slightly above 2.5 percent … stance in the countries outside EMU is considered more or less adequate. This year, demand in Western Europe will be …
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In the spring 2001, the world economy is in a delicate situation. The vigorous growth momentum that prevailed in the recovery in 1999 and into 2000 is clearly gone. In the second half of 2000, global growth decelerated rapidly. In contrast to the last downturn of the world economy in 1997/98,...
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The recovery in Euroland has started at the beginning of this year but it has remained rather moderate. Real GDP increased at an annual rate of less than 1½ percent during the first half of 2002. Capacity utilization has declined further and unemployment continued to go up. While exports have...
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The economy in the euro area has turned around. While GDP stagnated during the second half of 2001, there are more and more signs that output will increase considerably in the first half of this year. All in all, the slowdown has not been very pronounced. One indication for this is that in 2001,...
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