Review of the year - 1996
Booming US shares generate growth without inflation; European countries use creative accounting to prepare for the single currency; Australia's alcoholic lemonade is a hit.
A look back at the main business headlines of 1996. The last 12 months have witnessed a boom in share prices in the United States as the "goldilocks economy" generates growth without inflation, how Europe used creative accounting to ensure countries can join the single currency, and how an Australian made a fortune out of alcoholic lemonade.
(Picture: US President Bill Clinton (right) with Federal Reserve Board Chairman Alan Greenspan (centre) and economist Laurence Meyer (left) at the White House in February 1996. Greenspan was given credit for the "goldilocks economy" - one wasn't too hot and wasn't too cold, following his astute management of interest rates. Credit: Getty Images)
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World Business Report Review of the Year—World Business Report
The year in business from 1990 to 2019
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