General assessment

Quarterly Bulletin 1984 Q2
Published on 01 June 1984

The extreme turbulence encountered by the world's major financial markets in May seems now to have receded, although many of the underlying problems are still unresolved and confidence is not yet fully restored. The London Economic Summit recognised the importance, for the world recovery now under way, of the maintenance of financial stability. Against this background developments in the world and domestic economies and the significance of recent monetary developments are discussed.

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