, Volume 18, Issue 1, pp 49–52 | Cite as

World economy still ailing

  • Günter Großer
Economic Trends


1982 was yet another year of international economic disappointment. The frequently forecast gradual recovery of demand and production during the course of the second half of the year did not materialise. In fact, Western Europe once again experienced another pronounced downturn. However, at least in the majority of leading industrialised countries, the conditions for growth have definitely improved. Will 1983 bear witness to the turning of the recessionary tide?


Interest Rate Monetary Policy Industrialise Country Central Bank Fiscal Policy 


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Copyright information

© HWWA and Springer-Verlag 1983

Authors and Affiliations

  • Günter Großer
    • 1
  1. 1.HWWA-Institut für Wirtschaftsforschung-HamburgHamburg

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