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Can the industrial countries return to rapid growth?

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  • International Economics Department

Abstract

This paper presents the discussions that took place at a seminar about the major global economic issues in the context of the long-term prospects for the industrial economies. Most participants agreed that growth rates are not likely to return to well over 2.5 percent in the medium run - unless some policy yet to be defined emerges - and that this slow down will particularly hurt developing countries. The meeting ended with a concensus that something must be done to stabilize exchange rates.

Suggested Citation

  • International Economics Department, 1989. "Can the industrial countries return to rapid growth?," Policy Research Working Paper Series 209, The World Bank.
  • Handle: RePEc:wbk:wbrwps:209
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