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World Economy Forecast Post-Mortems: 1978-82

Anonymous

National Institute Economic Review, 1983, vol. 104, 32-37

Abstract: This note continues a series of articles by tabulating for the past five years actuals and the National Institute's one-year forecasts for the world economy as published each February. For the more important variables results during this period are compared with those achieved in earlier groups of years, with particular reference to the two periods in which steep rises in the price of oil were followed by recession. In addition, account is taken of the performance of February forecasts for two years ahead, which first appeared in the Review in 1979.

Date: 1983
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