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Chapter II. The World Economy
Published online by Cambridge University Press: 26 March 2020
Extract
The recovery which had started in the US and Canada around the beginning of 1983 had by the end of the year spread to all the other major countries (and probably most of the smaller ones also). From the second quarter onwards OECD countries' total real output was increasing at an annual rate of some 4-5 per cent.
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- Copyright © 1984 National Institute of Economic and Social Research