Cover World Economic Outlook, October 1985 Revised Projections
World Economic Outlook, October 1985 Revised Projections

Abstract

This paper highlights that there have been increasing signs of hesitancy in the pace of world economic expansion in the first half of 1985. In the United States, output growth declined to an average of 1 percent (at an annual rate) in the first two quarters of the year from 5.7 percent during 1984, and in other industrial countries, the pace of recovery was also generally subdued. Commodity prices fell significantly, thus weakening growth prospects in many developing countries.

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Author:
International Monetary Fund. Research Dept.
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Series:
World Economic Outlook
Publisher:
International Monetary Fund
Language:
English
Publication Date:
01 Jan 1985
DOI:
https://doi.org/10.5089/9781451943481.081
ISBN:
9781451943481
ISSN:
0256-6877
Pages:
116
Keywords:
WEO; U.S. dollar terms; debtor country; ratios of debt and debt service; U.S. dollar; dollar value; export volume growth; oil exporter; Exports; Imports; Oil; Interest payments; Current account balance; Middle East; Africa; Western Hemisphere; Europe; Sub-Saharan Africa
Legal-disclaimer:
The views expressed in this publication are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Directors or their national authorities.
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