Word: nationsbanc
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Worldwide economic growth is expected to average 4% this year, up from 3.5% in 1996. The outlook for 1998 is equally rosy--4%--though the good news is not evenly distributed. Asserts John Rothfield, international economist with NationsBanc in Chicago: "Technological change has enabled countries to produce higher rates of growth without higher rates of inflation...
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