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- Title
WORLD ECONOMY.
- Abstract
The article discusses the global economic conditions of various countries. It is noted that the global economy is expected by the ICPS economists to grow 4.5 percent in 2007 and that it will continue to decrease 4.4 percent in 2008 and 4.1 percent in 2009. It is indicated that the U.S. economy decreased significantly because of a slump in property prices in early 2007. An aggregate GDP of euro-area economies grew 3 percent in early 2007 and that real GDP in Russia grew 7.7 percent over January to April 2007 according to the preliminary forecast.
- Subjects
UNITED States; RUSSIA; ECONOMIC forecasting; ECONOMIC development; GLOBALIZATION; PRICES; GROSS domestic product
- Publication
Quarterly Predictions, 2007, Issue 39, p43
- ISSN
1816-7268
- Publication type
Article