Article in Journal
Ifo indicator for the world economy climate continues to fall
Gernot Nerb, Anna Wolf
ifo Institut für Wirtschaftsforschung, München, 2008
ifo Schnelldienst, 2008, 61, Nr. 23, 53-61
ifo Institut für Wirtschaftsforschung, München, 2008
ifo Schnelldienst, 2008, 61, Nr. 23, 53-61
The Ifo world economy climate continued to deteriorate in the fourth quarter of 2008. The indicator has now fallen to its lowest level in more than 20 years. The decline results particularly from the more unfavourable appraisal of the present economic situation, but also the expectations for the next six months continued to worsen. On the whole, the survey data point to a global recession.
JEL Classification: F010,O100
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Journal (Complete Issue)
ifo Schnelldienst 23/2008
ifo Institut für Wirtschaftsforschung, München, 2008