Continued growth in the world economy |
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Authors: | Günter Großer Günter Weinert |
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Affiliation: | 1. Hamburg Institute for Economic Research (HWWA), Hamburg, West Germany
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Abstract: | After the stock market crash in the autumn of 1987 even optimists were predicting a sharp slowdown in the growth of the world economy in 1988. In the event, the GNP of the industrialised countries increased by 4% in real terms last year. What is the outlook for 1989? |
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