This quarterly examination of the short-term economic outlook for the world’s major economies also contains an in-depth analysis of a number of issues that are relevant for understanding world economic trends and developments.
World Outlook: Global Economic Trends and Prospects: Summer 2005
World Outlook: Global Economic Trends and Prospects: Summer 2005
Global Economic Analysis
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- Rising interest rates and high oil prices will result in a slowdown in world economic growth this year.
- The tragic terrorist attacks in London should not have a significant impact on global economic activity.
- Economic growth in the United States and China will continue to support world economic activity over the near term.
- The poor state of Italy’s economy has caused some observers to question the country’s continued use of the euro.
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