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The world economy [May 1987]
- Publication Year :
- 1987
-
Abstract
- Growth appears to be faltering in the world economy due to the deflationary effects of the appreciation of the Yen and D-Mark on the Japanese and West German economies. Continuing trade imbalances and exchange rate instability reflect the absence of effective action to reduce the large US budget deficit and secure a monetary and fiscal policy induced expansion in the surplus countries.
- Subjects :
- HC
Subjects
Details
- Language :
- English
- ISSN :
- 20465378
- Database :
- OpenAIRE
- Accession number :
- edsair.core.ac.uk....139154d246920b4aee4375569d85b101