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Chapter III. The World Economy
Published online by Cambridge University Press: 26 March 2020
Abstract
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- Copyright © 1977 National Institute of Economic and Social Research
References
(1) OECD, Economic Outlook 21, July 1977, pages 20-25.
(2) Op. cit., pages 43-45.
(1) Op.cit., pages 28-31.
(1) These figures are calculated, as are other prices and values in this section unless otherwise indicated, in terms of ‘new’ SDRs (that is a weighted average of currency values, see National Institute Economic Review, no. 69, August 1974, page 45). Table 25 of the Statistical Appendix gives SDR/US dollar rates of exchange.
(1) See G. F. Ray, ‘The “real” price of primary products’, page 74.