More . . . The crisis which swept the globe in 1997-98 was not just a financial one. In fact, problems in industry were among its root causes. Understanding those problems will help governments to reduce the risk of such a crisis occurring again. More . . .
Growth is still generally good and fears of a recession are exaggerated.
A mild short-term dip in the U.S. is likely, but other economies, particularly in Europe, will perform well. A recession, if it comes, will be severe and global. Current results Previous results All rights reserved.