Summarised from the National Institute Economic Review, No. 197, July 2006. To order a the full version of this article or a subscription, please contact Sage Publications by telephone: +44 (0) 20 7324 8701, email: mailto:subscriptions@sagepub.co.uk or online at http://ner.sagepub.com.Â¥...

¥ Global GDP growth will slow from 5.1 per cent in 2004 to 4.2 per cent in 2005; while world trade growth will slow from 9.1 per cent to 6.3 per cent. ¥ The Oil price is expected to remain above $50 a barrel, although in real terms it remains well below the highs of the early 1980s. ¥...

Summarised from the National Institute Economic Review, No. 196, April 2006. To order a the full version of this article or a subscription, please contact Sage Publications by telephone: +44 (0) 20 7324 8701, email: mailto:subscriptions@sagepub.co.uk or online at http://ner.sagepub.com. ¥...