World Economic Outlook, May 1997 Globalization: Opportunities and Challenges

This paper presents an outlook for the world economy for 1997. The paper highlights that the world economic growth quickened during 1996 following widespread deceleration of activity in 1995. Economic and financial conditions are generally propitious for the global expansion to continue in 1997 and...

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Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:World Economic Outlook
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a World Economic Outlook, May 1997  |b Globalization: Opportunities and Challenges 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1997 
300 |a 218 pages 
651 4 |a United States 
653 |a Manufacturing industries 
653 |a Inflation 
653 |a Investments, Foreign 
653 |a Income 
653 |a Finance 
653 |a Labour 
653 |a Personal income 
653 |a Deflation 
653 |a Fiscal Policy 
653 |a Balance of payments 
653 |a Manufacturing 
653 |a Long-term Capital Movements 
653 |a Unemployment 
653 |a Aggregate Labor Productivity 
653 |a Exports and Imports 
653 |a Fiscal policy 
653 |a International economics 
653 |a Economic sectors 
653 |a Aggregate Human Capital 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a National accounts 
653 |a Labor 
653 |a Industries: Manufacturing 
653 |a Price Level 
653 |a Prices 
653 |a Macroeconomics 
653 |a Wages 
653 |a Economic theory 
653 |a Intergenerational Income Distribution 
653 |a Income economics 
653 |a International Investment 
653 |a Foreign direct investment 
653 |a Employment 
710 2 |a International Monetary Fund  |b Research Dept 
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490 0 |a World Economic Outlook 
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520 |a This paper presents an outlook for the world economy for 1997. The paper highlights that the world economic growth quickened during 1996 following widespread deceleration of activity in 1995. Economic and financial conditions are generally propitious for the global expansion to continue in 1997 and the medium term at rates at least matching those seen during the past three years. The paper underscores that in many countries, structural reforms are enhancing the role of market forces and thereby strengthening the basis for sustained, robust growth