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Author:
Title:Developments in selected non-OECD countries
Journal:OECD Economic Outlook
1997 : DEC, 62, p. 137-147
Index terms:ECONOMIC INDICATORS
ASIA
EUROPE, EAST
SOUTH AMERICA
BALTIC COUNTRIES
CIS
Language:eng
Abstract:The over-all economic situation in a number of central and eastern European countries seems a bit stronger in the second half of 1997 than in 1996. In Russia, the prolonged GDP decline may finally be over. The economies e.g. of the Baltic countries continue to grow. The financial turbulence which has swept over the Dynamic Asian Economies (or DAEs) has strongly affected the current economic situation as well as short-term projections for this region. In Central and South Americas, economic growth picked up during 1997, while inflation remained low or even declined. In most countries, import growth has run ahead of the GDP growth, widening current account deficits.
SCIMA record nr: 170891
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