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Chapter V. The World Economy

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  • Anonymous

Abstract

The year 1968 proved in the end to be a substantially more favourable one for the world economy than had been expected. For industrial production in the OECD countries the rise of about 6 per cent, compared with less than 2 per cent in 1967, was still rather below the average for other recent years. But the growth in their aggregate national output, which had dropped to 3 per cent in 1967, recovered in 1968 to a little more than the previous average of 5 per cent.

Suggested Citation

  • Anonymous, 1969. "Chapter V. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 47, pages 64-84, February.
  • Handle: RePEc:cup:nierev:v:47:y:1969:i::p:64-84_6
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