Economic growth in 2000 was unexpectedly and unusually high and widespread. The increase in gross world product exceeded the earlier forecast of 3.5 per cent and was the strongest in more than a decade. This outcome was the result of improvements in all major regions of the world and was associated with double-digit growth in the volume of international trade. The world economic recovery that started in 1999 reached its peak before the close of 2000 but is expected to continue until at least the end of 2001, albeit at a slightly slower pace. The outlook is for global economic growth to moderate from 4 per cent in 2000 to 3.5 per cent in 2001, with the slowdown limited in extent and…
World Economic Situation and Prospects 2001
Oslo, 2-6 October 2000
Report on the Project LINK meeting
Global Economic Outlook
New York, 17-20 April 2000
Report on the Project LINK meeting
Regional Developments and Outlook
Global Economic Outlook
Project LINK Meeting Document 2000
At the beginning of 2000, the world economy was in better shape than the previous year, when the aftermath of the financial crises in Asia and the Russian Federation and the uncertainties relating to Brazil clouded the outlook. It is estimated that gross world product expanded by 2.6 per cent in 1999, a notable improvement over the 1.8 per cent for 1998 and 0.6 per cent higher than had been anticipated in mid-1999. The signs of strengthening and broadening of the recovery in the world economy identified in early 1999 have gained momentum. The outlook in major countries is for a slight acceleration to almost 3 per cent growth of gross world product in 2000 and a return to the pre-crisis pace…
World Economic Situation and Prospects 2000
Athens, 1-5 November 1999
Report on the Project LINK meeting
World and Regional Economic Outlook
New York, 3-6 May 1999
World Economic Outlook
Regional Economic Outlook
Project LINK Meeting Document 1999
The world economy is now growing at its slowest rate since early in the decade. The recession in Japan, the East Asian crisis and the Russian crisis ??along with contagion throughout the financial markets ??combined in 1998 to halve the growth rate of the world economy and to raise concerns about a global recession. At some points during the year there was fear of serious damage to major financial markets. Compared with the previous year, 23 fewer countries saw an increase in output per capita in 1998 and no significant improvement is expected in 1999. Moreover, world trade in 1998 grew at less than half the pace of 1997, and about the same growth rate is foreseen for 1999. International…
World Economic Situation and Prospects for 1999