World economy out of the doldrums

After hopes of an international economic recovery had been repeatedly dashed during a slump period lasting almost three years, 1983 proved to be the long-awaited turnaround year for the world economy. In fact, the upswing came earlier and with greater momentum than had initially been forecast at the beginning of the year. This was particularly the case for the USA and—to a lesser extent—for several other major industrialised countries. Will this upward trend be sustained during 1984?     

World economy still ailing

1982 was yet another year of international economic disappointment. The frequently forecast gradual recovery of demand and production during the course of the second half of the year did not materialise. In fact, Western Europe once again experienced another pronounced downturn. However, at least in the majority of leading industrialised countries, the conditions for growth have definitely improved. Will 1983 bear witness to the turning of the recessionary tide?     

Global economy in the doldrums

The USA and Japan have been in recession since last spring, and the events of September 11 have further intensified the global downturn. How quickly can the USA s keenly expansive economic policy succeed in overcoming the paralysing effects of the terrorist attacks? Is the euro area sliding into recession or will we soon see a return to economic expansion here?     

The world economy still at risk

Following the prolonged upswing in the world economy during the eighties, the subsequent downturn is proving to be more persistent than expected. It looks as if the USA is now at last on the road to recovery but Japan and Western Europe are still having a tangible dampening effect at the turn of the year. Are there prospects for an improvement in the world economy for 1993?     

World economy on the down-track

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?     

Development policy in the doldrums?

The “Third Development Decade” of the United Nations, which runs to the end of the present decade, opened with a promising outlook for the developing countries. The economic situation of the OECD countries had improved during 1979 and the North-South dialogue seemed to be making progress. But the further course of 1980 revealed that the extent and long-term effects of the second oil price explosion had been seriously underestimated. As a rule these affected the developing countries more seriously than the industrialized countries. The recessive trend in the industrialized countries moreover contributed to budgetary bottlenecks which were not without consequence for development policy.     

Trade Surnlus in China＇s Textile and Clothing Industries Increases 11.58% in the First Five Months

The government＇s dream project, the China-Pakistan Economic Zone （CPEZ）, is in doldrums as the much talked about Haler Ruba has refused to buy thousands of acres of land from its own pocket, sources close to the Minister for Industries and Production told Business Recorder. The Haier Ruba Group is engaged in electrical home appliances.     

World economic trend still weak

The world-wide economic recession, which began as a result of the second explosive rise in oil prices in the spring of 1980, lasted throughout the whole of last year. Unemployment in industrialised countries has shot up at an alarming pace, whereas only limited progress was registered in the fight against inflation. Will these problems be further aggravated in 1982, or can we expect a turn for the better?     

World economy lacks momentum

After the price of oil began falling sharply during the first few months of 1986 the prospects for a more pronounced and long-lasting economic upswing in the industrialised countries were generally regarded as having improved. The increase in demand and production in 1986, however, was more restrained than expected. Against this background, what are the prospects for expansionary forces in 1987?     

World economy burdened by imbalances

The development of the world economy is overshadowed by the slump of the dollar and the collapse of international stockmarkets. What are the prospects for the world economy in 1988?     

World economy: Restrained trend in 1985

In 1984 the world economy witnessed the kind of high growth rate it had last seen eight years ago. In the industrialised countries real GNP increased by almost 5%. The most pronounced increase was in the USA, although the initial thrust clearly tailed off during the course of the year. Against this background what are the prospects for the world economy during 1985?     

World economy: Restrained expansion in 1986

The pace of economic expansion in the world economy as a whole last year was strongly influenced by the cyclical slowdown in the USA. The increase in the real GNP of the industrialised countries, for example, fell from almost 5% in 1984 to just under 3% in 1985. Does this mean that the phase of economic recovery is already coming to an end or is there a chance that the general upward trend will continue?     

World economy taking a turn for the better

After a three-year slowdown in the world economy, unemployment in the industrial countries is again almost as high as at the end of the recession in the early eighties. Any improvement will be dependent on a distinct resurgence of economic activity. With the recovery in the USA gaining greater momentum and the recession in Western Europe evidently coming to an end, the outlook in recent months has brightened. Will expansionary forces prevail in 1994?