The World Economy

Ray Barrell, R. Anderton, Julian Morgan, N. Vaughan and J.W. in't Veld
Authors registered in the RePEc Author Service: Jan in 't Veld

National Institute Economic Review, 1994, vol. 149, 30-52

Abstract: The World economy appears to be entering a period of sustained and widespread output growth after some years of recession in Europe and recovery in North America. Output actually fell in the EC as a whole in 1993. We are forecasting that OECD output will grow by around 2½ per cent in 1994, with output growth around 2 per cent in the EC and above 3 per cent in North America. The recovery in Europe is relatively widespread and we expect positive growth in all the major continental economies.

Date: 1994
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