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03 August 2020 The on-line newspaper devoted to the world of transports 16:56 GMT+2

May 30, 2000

Boom for world economy

The world economy looks set for one of its best periods of growth for a decade.

The Organisation for Economic Cooperation and Development (OECD) says that the output of the world's industrial countries will expand by 4% this year and 3.1% next year.

World Economic Growth 2000
USA: 4.9%
Eurozone: 3.5%
UK: 2.9%
Japan: 1.7%
World: 4.3%source: OECD Economic Outlook

That is a marked increase in its previous forecast of 2.9% for 2000, and 2.6% in 2001.

But it warned that ......
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