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The State of the World Economy and the German Economy in Spring 2002

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  • Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute

Abstract

On April 23, the six German economic research institutes presented their Spring Analysis to the press in Berlin. Their conclusion is that the world economy is at the beginning of an upswing. Output in the U.S. has started to recover even earlier than had been expected by the Institutes. In Western Europe, while the rise in production was still modest in the first months of the year, consumer confidence as well as business climate improved markedly. Also in the Asian NICs the cyclical bottom has been passed; Japan, by contrast, continued to be in recession.

Suggested Citation

  • Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute, 2002. "The State of the World Economy and the German Economy in Spring 2002," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(08), pages 3-30, April.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:08:p:3-30
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    Citations

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    Cited by:

    1. Volker Rußig, 2002. "Building Activity in Europe: Following the Lull, Markedly Higher Growth Contributions Again," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(14), pages 27-36, July.
    2. Erich Langmantel, 2002. "Balance of payments on current account in the black for the first time since German unification," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(11), pages 40-41, June.
    3. Rosenschon, Astrid, 2002. "Finanzhilfen der Bundesländer: eine Aktualisierung," Kiel Working Papers 1127, Kiel Institute for the World Economy (IfW Kiel).
    4. Christian Holzner & Wolfgang Ochel & Martin Werding, 2003. "Vom OFFENSIV-Gesetz zur "Aktivierenden Sozialhilfe" : Ein Konzept zur Reform der Arbeitsmarkt- und Sozialpolitik als Beitrag zu mehr Beschäftigung und Wachstum ; Studie im Auftrag der hessis," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 17.

    More about this item

    JEL classification:

    • D00 - Microeconomics - - General - - - General
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • F00 - International Economics - - General - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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