The Foreign Outlook: New Economy Hopes, Old Economy Problems

10/26/00


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Table of Contents

The Foreign Outlook: New Economy Hopes, Old Economy Problems

Review of Recent Events

Oil Price in Dollars Hurts Euro Price Hurts Even More

The Dollar

US External Debt Service not a problem now

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World GDP (ex US)

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US Productivity Gains Here to Stay

US Productivity Accelerates Led by Manufacturing

How Fast Are These Markets Growing? (Percent Growth of World Sales in Constant Prices)

US has Gained Share of World ICT Market (Percent Share of Total World Production)

Who Has The Fastest ICT Growth? (1999 percent real growth rate in the ICT sector)

Production Growth Rate of Communication Equipment

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W. Europe

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Asia

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Risks

Author: Andrew Hodges

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