The World Economy

Anonymous

National Institute Economic Review, 2000, vol. 173, 43-65

Abstract: Global economic activity has continued to strengthen significantly since the end of last year, with all the major regions experiencing cyclical upswings in economic activity for the first time since 1994. World GDP is expected to rise by over 4½ per cent this year (on a purchasing power parity basis) and the volume of merchandise trade is projected to rise by 10½ per cent, approximately twice the growth seen last year. In the industrialised economies growth is expected to turn out at 4 per cent this year, which would be the fastest experienced since 1988.

Date: 2000
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