Chapter III. The World Economy

Anonymous

National Institute Economic Review, 1977, vol. 82, 26-40

Abstract: Our view of the world economy has grown gloomier during the last three months. It has become increasingly clear that we (and, far more significantly, governments) had underestimated the level of demand that would be needed to induce industry to add substantially to its productive capacity and, in Western Europe, to cease to reduce its work force. The revival of business investment has been generally weak, while unemployment has been falling more slowly in the United States and rising rapidly in Canada and Western Europe, thus further depressing the expectations of consumers and investors alike.

Date: 1977
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:82:y:1977:i::p:26-40_4

Access Statistics for this article

More articles in National Institute Economic Review from National Institute of Economic and Social Research Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK. Contact information at EDIRC.
Bibliographic data for series maintained by Kirk Stebbing ().