Introduction: an uncomfortable soft spot

Introduction: an uncomfortable soft spot

Introduction: an uncomfortable soft spot

BIS Annual Economic Report | 30 June 2003PDF full text (33kb) | 8 pagesThe last year or so has been marked by economic disappointments. Interrelated developments in the geopolitical, economic and financial spheres held back growth and led to great uncertainty about the future. The recovery in the world economy seemed to stall.

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