Censor nonsense. (Prodigy, information retrieval system's pricing policy)
Economist (US), The, December, 1990
AMERICANS, you might think, are more than adequately supplied with domestically manufactured economic analysis of every sort. Yet the view from abroad can draw attention to matters that are overlooked by economists too close to their subject. Every year the Paris-based Organisation for Economic Co-operation and Development (OECD) publishes a report on the American economy. Its virtue is its breadth: it looks not just at short-term forecasts but also at America's underlying economic health. The report is guardedly cheerful.
It expects no worse than a shallow recession, with little this year, followed by a gradual recovery. One thing that might turn a gentle slowdown into an abrupt slump is the much feared "credit crunch". Mr Alan Greenspan, chairman of the...
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