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| Author: | |
| Title: | World economic trends: still no board-based recovery. |
| Journal: | Economic Bulletin
1994 : JAN, VOL. 31:1, p. 3-8 |
| Index terms: | ECONOMIC GROWTH RECESSION EUROPE, WEST NORTH AMERICA JAPAN |
| Language: | eng |
| Abstract: | Within the world economy as a whole, the current economic situation differs greatly between the major regions. Some developing and newly industrialising countries, particularly in South-East Asia, continue to exhibit rapid economic growth. Among the triad of large industrial regions - North America, Japan and Western Europe - favourable economic trends are only to be observed in North America. The majority of West European countries remains locked in stagnation or recession. A significant exception here is Great Britain, where recovery is now firmly established. |
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