ECONOMIC OUTLOOK: G-8 LEADERS BANKING ON WORLD GROWTH RATE PICKING UP.(Brief Article)

From: European Report | Date: June 9, 2004 | Copyright information

"The debate will focus on the means of continuing this strong growth rate over the long term and also to speed it up throughout the world, so that the United States is not the only engine behind world growth", a high-level US official is reported as telling Agence France Presse. For a good ten years now, American financial supremos have been asking Europe to make a more active contribution to the re-launch of the economy.

US experts are at pains to stress that the G-8 Summit is taking place at a time when the world economy is strong. Growth rates in the region of 4 to 4.25% ...

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