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World economy on the down-track

Author

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  • Großer, Günter
  • Weinert, Günter

Abstract

1979 saw a pronounced cyclical downturn with mounting, inflation and balance of payments problems bear upon the western industrialized countries with the long-expected recession materializing in the USA early in 1980. In Western Europe demand and production began to slide a little later. Increasing signs of a nascent downtrend were also to be seen in Japan. What are the prospects for the current year?

Suggested Citation

  • Großer, Günter & Weinert, Günter, 1981. "World economy on the down-track," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 16(1), pages 48-52.
    • Handle: RePEc:zbw:inteco:139725
    DOI: 10.1007/BF02924730
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    Keywords

    Economic Trends;

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