Annual Report 2002 - First Chapter - World Economy
Production date: 05.03.2003
Printed on: 05.03.2003
Author: Bank of Albania
Material category
Periodic Publications, Annual Reports
Short Description
In 2002 world economy encountered low growth. After the evens that shocked the world in the second half of 2001, projections on world economy performance fluctuated between the modest growth and the sharp slowdown. The outset of 2002 gave positive signals, which were gradually eclipsed with the outbreak of the financial scandals in USA. Such event was added to the unfavorable economic situation, making the stock markets weaken continuously and leading to
USD depreciation.
Entire document (434.155 kb)
