Chapte II. The World Economy

Anonymous

National Institute Economic Review, 1986, vol. 115, 27-43

Abstract: The most striking developments in the world economy in 1985 were a long-awaited fall in the US dollar, which lost about 15 per cent of its effective value between the first quarter and the fourth, and a general decline in rates of inflation in the industrial countries, especially in their manufacturing sectors, where producers' prices increased by only about ½ per cent during the second half of the year.

Date: 1986
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