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Recent developments in early 2008 cloud the near-term pros- cts for the world economy. mong these developments are widely held expectations of recessionary tendencies in the United States,weaker demand growth in both Europe and Japan, a rise in inflation and depressed global stock markets.
Recent developments in early 2008 cloud the near-term pros-cts for the world economy. Mong these developments are widely held in anticipation of recession tendencies in the United States, weaker demand growth in both Europe and Japan, a rise in inflation and depressed global stock markets.