Chapter III. The World Economy

Anonymous

National Institute Economic Review, 1980, vol. 94, 47-61

Abstract: Recent data confirm both the severity and the international generality of the check to the growth of output during the summer. Nevertheless it still seems to us that the gloom which it has generated is in many cases excessive (though there is, of course, a risk that by destroying the confidence of consumers and investors the more pessimistic forecasts may become self-fulfilling).

Date: 1980
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