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The Economic Situation: The World Overseas

Published online by Cambridge University Press:  26 March 2020

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Extract

World industrial production accelerated in the first quarter of 1966, mainly on account of the unexpectedly rapid rise in output in the United States. Japanese production has at last started to increase after over a year of stagnation, but there seems to have been some decline in the growth rate in Europe (table 14). Industrial production of the major primary producers continued to slow down.

Type
Research Article
Information
National Institute Economic Review , Volume 36 , May 1966 , pp. 21 - 29
Copyright
Copyright © 1966 National Institute of Economic and Social Research

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References

Notes

note (1) page 21 The figure of 13 per cent sometimes quoted for the rise in 1964 includes United Kingdom exports of diamonds in 1964 but not in 1963.

note (1) page 23 Business Week, 23rd April 1966, p.31.

note (2) page 23 Thus there was no worsening in the balance as measured on the Department of Commerce's liquidity basis. (See National Institute Economic Review No. 33, page 33.)