The development of the world economy is overshadowed by the slump of the dollar and the collapse of international stockmarkets. What are the prospects for the world economy in 1988?

After the stock market crash in the autumn of 1987 even optimists were predicting a sharp slowdown in the growth of the world economy in 1988. In the event, the GNP of the industrialised countries increased by 4% in real terms last year. What is the outlook for 1989?

1989 was another highly satisfactory year for the industrialised countries, with real gross national product growing by an average of around 31/2%. Performance differed from one country to another, however, with the USA beginning to lag behind. Is this the harbinger of a general slowdown in growth?

In the course of last year, the economic climate cooled down world-wide; it was placed under additional strain in late summer by the Gulf crisis. In some industrialized countries, especially the USA, recessive trends have recently gained prevalence. Do indications for 1991 therefore point to a...

The weakness in the world economy, which began in autumn 1990, is lasting longer than expected. While the expansionary forces in Japan and west Germany increasingly lost momentum during the course of last year, the recovery from the recession in North America began to falter again after a short...

Following the prolonged upswing in the world economy during the eighties, the subsequent downturn is proving to be more persistent than expected. It looks as if the USA is now at last on the road to recovery but Japan and Western Europe are still having a tangible dampening effect at the turn of...

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...

Bis in die jüngste Zeit waren die ostasiatischen Tigerstaaten wegen ihrer „beeindruckenden Wirtschaftspolitik" gelobt und als Vorbild für andere Volkswirtschaften dargestellt worden. Kam die Wirtschaftskrise in Ostasien völlig überraschend? Was löste die schweren wirtschaftlichen...

Der Stabilitäts- und Wachstumspakt ist in den vergangenen Jahren von einer zunehmenden Zahl von Ländern verletzt worden. Dies deutet auf Mängel in der Gestaltung bzw. in der Umsetzung des Pakts hin. Kritisiert wird insbesondere das zentrale Kriterium für eine nachhaltige Finanzpolitik, eine...