Press Release ECO/77 |
UN Report Says Strong global growth in 2005 Depends
on how dollar, global imbalances unwind
NEW YORK, 25 January (UN Department of Public Information) -- Global imbalances, and the United States trade deficit, in particular, will not be corrected by a rapidly falling US dollar, contrary to many expectations, the United Nations warns today, in an otherwise upbeat assessment of the world economy at the beginning of 2005.