World economic trend still weak
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The world-wide economic recession, which began as a result of the second explosive rise in oil prices in the spring of 1980, lasted throughout the whole of last year. Unemployment in industrialised countries has shot up at an alarming pace, whereas only limited progress was registered in the fight against inflation. Will these problems be further aggravated in 1982, or can we expect a turn for the better?
KeywordsInterest Rate Industrialise Country Current Account Fiscal Policy Money Supply
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