GLOBÁLNY POHĽAD NA DYNAMIKU SVETOVEJ EKONOMIKY V ROKU 2006 A 2007 A PERSPEKTÍVY NA ROK 2008

• Authors: Workie Tiruneh Menbere

Title variants

EN

Global view on the dynamics of the world economy in 2006 and 2007 and perspectives in 2008

• Languages of publication: SK

Abstracts

EN

This paper is aimed at critically summarizing the recent performance of the world economy. The global figures seem to suggest that, by historical context, the past four years on average may be considered as the most successful for the world economy since the 1960s. The good news about the world's recent economic performance is attributed not only to the success of the traditionally high performers but also the enormous growth that was recorded in wide-ranging group of the industrialized, transition and developing economies. Nevertheless, despite the high average global growth, this growth rate has not been evenly distributed among countries; rather, there has been a substantial disparity both across countries in the same regions as well as across the regional economies. However, the growth prospect of the world economy in 2008 is a bit gloomy in response to policy tightening and the Euro's appreciation against the US dollar, and skyrocketing oil prices, which might slowdown global growth.

Keywords

EN

ECONOMIC GROWTH; GLOBAL IMBALANCE; LABOR MARKETS; WORLD ECONOMY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2007
• Volume: 55
• Issue: 10
• Pages: 956-975
• Document type: ARTICLE

Contributors

author

Workie Tiruneh Menbere

• M. Workie Tiruneh, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

08SKAAAA03757540