Emerging countries in many cases are more crisis-prone than highly developed industrialized countries. This is in many cases due to a weak or volatile financial sector. The best policy to strengthen crisis resistance is the building up of a sound financial position. A sound financial position of...

World Economic Climate brightens - Economic Expectations Improved particularly in the US - Inflation in 2002 Expected to Be Lower than in 2001 - Limited Scope for Further Cuts in Short-term Interest Rates - Euro Still Regarded as Clearly Undervalued - Umemployment and Insufficient Demand Remain...

World Economic Climate soared in April - Economic expectations picked up further - Inflation in 2002 expected to be only slightly lower than in 2001 - Short and long-term interest rates expected to rise - Euro expected to strenghten - Stronger corporate governance requested

World Economic Climate worsened in July - Economic expectations became less optimistic - Inflation in 2002 expected to slow down - Short- and long-term interest rates expected to rise less than according to spring survey - Euro expected to strenghten further - Business needs to convey a positive...

World Economic Climate worsened in October - Economic expectations deteriorated but remained positive - Inflation in 2002 expected to slow down - Short-term interest rates are expected to sink in coming months / Long-term rates will stabilize at the current low level - The major world currencies...

World Economic Climate: The current situation of the world economy remains unchanged - Inflation: No pickup of inflation expected in 2003 - Interest Rates: Downward trend of short-term and long-term interest rates expected to level off - Currencies: Major world currencies now close to...

World Economic Climate: The current economic situation of the world economy still less satisfactory - Economic Expectations: Economic expectations for the next six months slightly deteriorated, but remained positive - Inflation: Inflation under control in most countries - Interest Rates: Only...

World Economic Climate: World Economic Climate brightens; Economic Expectations: Economic expectations for the next six months improved, but current economic situation remains unsatisfactory; Inflation: Inflation expected to slow down; Interest Rates: Renewed decline of interest rates expected;...

World Economic Climate: World Economic Climate considerably improved; Economic Expectations: Economic expectations for the next six months are optimistic, current economic situation close to satisfactory; Inflation: Inflation remains moderate; Interest Rates: Expected turnaround in interest rates;...

World Economic Climate: World Economic Climate considerably improved - Economic Expectations: Economic expectations for the next six months are highly optimistic - Inflation: Inflation will remain moderate - Interest Rates: Begin of tightening cycle expected - Currencies: Growing overvaluation...