Regional developments and outlook
- Author: United Nations Department of Economic and Social Affairs
- Main Title: World Economic Situation and Prospects 2004 , pp 43-60
- Publication Date: June 2004
- DOI: https://doi.org/10.18356/9789210598729c005
- Language: English
There is increasing evidence that the recovery in the developed economies is both gathering momentum and broadening in scope. The United States continues to lead the upturn, with particularly robust growth in the third quarter of 2003 and with evidence that the recovery is on a more durable footing, as investment expenditure has finally begun to rebound. Japan appears to have emerged from its long period of stagnation, but growth remains dominated by exports, with far less vigour in domestic demand, and deflation has not ended. Western Europe has returned to growth, but investment continues to decline and the recovery is far from secure (see figure III.1).
© 2004 United Nations
ISBN (PDF):
9789210598729
Book DOI:
https://doi.org/10.18356/9789210598729
Sustainable Development Goals:
-
From This Site
/content/books/9789210598729c005dcterms_title,dcterms_subject,pub_keyword-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution105
/content/books/9789210598729c005
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5