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Technical note
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Reference no. 201-033-6
Authors: Brian Kettell
Published by: Centre for Islamic Banking and Finance
Published in: 2001
Length: 8 pages
Data source: Generalised experience

Abstract

During the 1990s, strong economic growth in the United States, combined with low inflation and a pickup in labour productivity growth, led many people to label the phenomenon a ''new economy''. But there''s really little consensus on what is different about the US economy nor on what the term means. This note examines what the components of the new economy consist of.
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Abstract

During the 1990s, strong economic growth in the United States, combined with low inflation and a pickup in labour productivity growth, led many people to label the phenomenon a ''new economy''. But there''s really little consensus on what is different about the US economy nor on what the term means. This note examines what the components of the new economy consist of.

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