Tekijä: | Li, Changjiu |
Otsikko: | Global economic decline coming around? (original in Chinese) |
Lehti: | Economy and Information (c)
1998 : 9, p.15 |
Asiasana: | INTERNATIONAL ECONOMIC RELATIONS ECONOMIC GROWTH ECONOMIC CONDITIONS INTERNATIONAL ECONOMICS |
Kieli: | chn |
Tiivistelmä: | The big decrease of the stock index in the major stock markets in the world is unlikely to cause a global economic decline as 1) This big drop from the top of the stock value was basically meant the technical adjustment and a normal fall after a rise. 2) The economy is USA and Europe is still in a normal condition and accounts for nearly 50% of the total output in the world. 3) The process of economy globalization and regionalization is speeding up and both of them have two-fold characteristics. The economies of all countries and regions are more and more penetrating each other, relying on each other and influencing each other too. An economy security council is called on to be established to strengthen the global economic coordination mechanism.4) The economic crisis did slow down the economic growth rate in this region. The economic situations vary upon areas. |
SCIMA