The paper provides a general background discussion of prospects for world output and trade in the 1980's as follows: Section (1) examines the underlying trends of output and trade and provides several explanations for the general slowdown in the world economy. Section (2) discusses energy trends; the impact rising oil prices and diminishing energy supplies will have on world trade and shipping demand. Section (3) describes the short-run behavior of the world economy and how well one can explain year by year fluctuations in output and trade. The author concludes with a forecast of trade developments in the 1980's and how they are likely to affect merchant shipping. Highlighting the forecast are a number of charts illustrating world output, trade, petroleum production, energy consumption and shipping demand.

  • Supplemental Notes:
    • Paper presented at Commodities on Bulk Shipping in the 80's, a Lloyd's of London Press Conference, the London Press Center, 13/14 December 1979.
  • Corporate Authors:

    Lloyd's of London Press Limited

    Sheepen Road
    Colchester, Essex CO3 3LP,   England 
  • Authors:
    • Budd, A
  • Publication Date: 1980

Media Info

  • Pagination: 9 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00316332
  • Record Type: Publication
  • Report/Paper Numbers: Conf Paper
  • Files: TRIS
  • Created Date: Oct 8 1980 12:00AM