Chapter II. The World Economy

Anonymous

National Institute Economic Review, 1982, vol. 100, 51-64

Abstract: In the United States in particular, the long-awaited upturn in economic activity has been further postponed even though inflation has been running below the rates that had generally been expected. Industry in the OECD countries may well have produced less in the first quarter of 1982 than in any quarter of 1981, and we no longer expect their total output to increase by more than about ½ per cent for the year.

Date: 1982
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