Business Cycle Prospects for 1998: Will the World Economy Survive the Asian Storm or Are We Headed Towards Global Deflation?


An extensive analysis and forecast from the Morgan Stanley economic analysis group: Looking to 1998: a special year-end issue of the Morgan Stanley Global Economic Forum

New York Times 1998 Outlook

Homepage on Asia's Economic and Currency Crisis

Homepages on The New Economy and Deflation

Homepage on Will the Fed Tighten or Loosen Monetary Policy at the next FOMC meeting?

"Here are the questions to ponder about 1998" The Wall Street Journal, Jan 5, 1998; in RP.

"Can the U.S weather Asia's Storm?" The Wall Street Journal, Jan 5, 1998; in RP.

"As the U.S. toasts the good times, optimism does not go unchecked" New York Times, Jan 5, 1998; in RP.

"The economy will grow in '98, but a slower pace, say experts" The Wall Street Journal, Jan 2, 1998; in RP.

"Asia' economic crisis: how far is down?" The Economist, Nov 15, 1997; in RP.

Jeff Sachs "Asia's Crisis" Financial Times, Jul 30, 1997; in RP.

"Why did Asia crash?" The Economist, Jan 10, 1998; in RP.

"Europe's single currency: ready or not, here comes EMU" The Economist, Sep 13, 1997; in RP.

Link to the controversy on Output and Inflation: Are We Mismeasuring Them ?

Homepage on the European Monetary Union

The commentary by some Wall Street economists such as those at First Union Bank