World economy on the down-track

Günter Großer and Günter Weinert

Intereconomics – Review of European Economic Policy (1966 - 1988), 1981, vol. 16, issue 1, 48-52

Abstract: 1979 saw a pronounced cyclical downturn with mounting, inflation and balance of payments problems bear upon the western industrialized countries with the long-expected recession materializing in the USA early in 1980. In Western Europe demand and production began to slide a little later. Increasing signs of a nascent downtrend were also to be seen in Japan. What are the prospects for the current year?

Keywords: Economic; Trends (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139725

DOI: 10.1007/BF02924730

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