Can the industrial countries return to rapid growth?

International Economics Department

No 209, Policy Research Working Paper Series from The World Bank

Abstract: This paper presents the discussions that took place at a seminar about the major global economic issues in the context of the long-term prospects for the industrial economies. Most participants agreed that growth rates are not likely to return to well over 2.5 percent in the medium run - unless some policy yet to be defined emerges - and that this slow down will particularly hurt developing countries. The meeting ended with a concensus that something must be done to stabilize exchange rates.

Keywords: Environmental Economics&Policies; Achieving Shared Growth; General Technology; Information Technology; Economic Growth (search for similar items in EconPapers)
Date: 1989-08-31
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