摘要:
Although world output recovered strongly in the final quarter of 1980 from the short, sharp recession of the middle of the year, we do not believe that a sustainable recovery has yet begun. We expect little or no growth in output for the rest of 1981 with the likelihood of a further contraction in the current quarter. For the European economies, whose performance has been very similar to the 1974/75 recession, the worst has probably now passed. But for the United States a new period of weakness may now be beginning. For the US a W‐shaped recession remains the most likely outtur
ISSN:0140-489X
DOI:10.1111/j.1468-0319.1981.tb00252.x
出版商:Blackwell Publishing Ltd
年代:1981
数据来源: WILEY