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At a Glance…

Published online by Cambridge University Press:  26 March 2020

Abstract

  • The global growth rate is expected to exceed 5 per cent this year with growth continuing at above 4½ per cent per annum into 2008.

  • Over the second half of this decade France, Germany and Japan are expected to perform better than the United States.

  • Adjustment in the United States housing market is unlikely to lead to a recession there.

  • Investment rates in China are very high. A sharp reduction in Chinese investment would have a clear impact on growth in the developed countries.

  • Inflation is expected to rise slightly in the Euro Area and Japan but to decline in the United States.

Type
Articles
Copyright
Copyright © 2006 National Institute of Economic and Social Research

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