Article in Journal
World economic climate noticeably weaker
Gernot Nerb
ifo Institut für Wirtschaftsforschung, München, 2001
in: ifo Schnelldienst, 2001, 54, Nr. 05, 30-36
ifo Institut für Wirtschaftsforschung, München, 2001
in: ifo Schnelldienst, 2001, 54, Nr. 05, 30-36
![](https://www.ifo.de/DocImg/ifosd_2001_5_5.jpg?c=1689236965)
The results of the 71st Economic Survey International (ESI) show a continuation of the declining trend in the world economic climate. Unlike the two previous surveys, the recent weakening is primarily attributable to a more unfavourable assessment of the current economic situation and less a result of pessimistic expectations. This constellation indicates that the cyclical decline will bottom out during the course of the second half of 2001.
JEL Classification: F010
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ifo Schnelldienst 05/2001
ifo Institut für Wirtschaftsforschung, München, 2001