economy

Global economy expanding in 2004, UN and partner say

With conditions almost everywhere favouring buoyant economies, the global economy is expected to grow by 3.7 per cent this year, even though expansion will slow in the second half of 2004, according to a group of 100 economists from 60 countries meeting at the United Nations in New York.

Global economy set to expand in 2004 under present policies, UN says

In an upbeat assessment of the global economy, the United Nations says growth in many countries improved in the latter half of last year and should strengthen further in 2004, though it warned that economic imbalances would also increase.