CESifo World Economic Survey May 2009

Gernot Nerb and Anna Wolf

ifo World Economic Survey, 2009, vol. 8, issue 02, 01-23

Abstract: World Economic Climate: World Economic Climate improves somewhat - Economic Expectations: Economic expectations brighten, while assessments of the current economic situation deteriorate further - Inflation: Further decline of inflation expectations, but no deflation expected - Interest Rates: Further decline of short-term interest rates, and stabilization of long-term interest rates expected - Currencies: US dollar seen as slightly overvalued - Special Topic: Counterfeiting and piracy

Date: 2009
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