Bahrain Monetary Agency - Annual Report 2004

According to the Bahrain Monetary Agency's Annual Report 2004, in 2004, the global economy experienced one of its strongest years of growth with overall global economic output rising by 5.1%.

"The world's largest economy, the United States, had a very strong performance with a higher growth rate (4.4%) than expected. The developing Asian economies, led by China, also had very strong growth. In the European Union and Japan, overall growth has been weaker. Japan had several quarters of good

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