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World economic climate brightens

Author

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  • Gernot Nerb

Abstract

In April the Ifo world economic climate indicator continued its upward trend and now lies above its long-term average. The improvement of the indicator is still based mainly on more optimistic expectations for the coming six months. However, also the evaluations of the current economic situation have improved for the first time in many months. Little has changed in the ranking of economic problems since the last survey: unemployment and demand weakness prevail almost everywhere.

Suggested Citation

  • Gernot Nerb, 2002. "World economic climate brightens," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(11), pages 20-31, June.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:11:p:20-31
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    File URL: https://www.ifo.de/DocDL/ifosd_2002_11_3.pdf
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    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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