Denmark's Andersen on the global economy

In a speech given on 28 April, Bodil Nyboe Andersen of Danmarks Nationalbank said the global economy is generally in a period of strong growth - at a rate of 5.1 per cent in 2004. However, this may not completely match the picture painted by the media.

"The reason is that the figure conceals very strong variation between growth rates in various parts of the world.

After a slowdown in 2001 and the beginning of 2002, the USA has achieved annual growth of 3-4 per cent. This growth has been driven

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