Posner, Martin
April 2008
Credit Management;Apr2008, p14
Trade Publication
The article assesses the "Inflation Report" of the Bank of England released in February 2008. It claims that the U.S. economy have fell sharply driven by the decline of gross domestic product (GDP) and weakness of the housing market which affects the other parts of the economy. It claims that the European economy has stable growth as well as the commodity rich countries and emerging markets. Furthermore, John Franck, Deputy International Trade Director of UK Trade and Investments predicts that Mexico will become the world's fourth largest economy by 2050.


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