IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v56y2003i16p20-25.html
   My bibliography  Save this article

World economic climate improves

Author

Listed:
  • Gernot Nerb
  • Anna Wolf

Abstract

According to the results of the 81st World Economic Survey (WES), in which 1,144 experts from 91 countries participated, the Ifo World Economic Climate clearly improved in July 2003, after having shown first signs of recovery in April. At 91.3 points (1995 = 100) the indicator not only surpasses the value of April (83.2) but it is slowly reaching its long-term average (94.1 for the period 1982 to 2002). The increase in the indicator results exclusively from the more confident expectations for the next six months, but the appraisal of the current economic situation remained more cautious. Since the expectations tend to lead the assessments of the current situation, the chances have improved for a recovery of the world economy in the course of the second half of 2003.

Suggested Citation

  • Gernot Nerb & Anna Wolf, 2003. "World economic climate improves," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(16), pages 20-25, August.
    • Handle: RePEc:ces:ifosdt:v:56:y:2003:i:16:p:20-25
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2003_16_3.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:56:y:2003:i:16:p:20-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.