i;r 8 El)l {t, elE \ottr 6l I($ '-l nl ooo ..t ..{ .t OO.'a ..a .t t .n .i 4.1 ooo o oo ! JJO (,) !3 g" E 6 .l Ol o r! O *rJ9 roE 3'o, ul !oo !29 1.9" ! iir e,- s ! ! ! o OlD D O '< <n rl +uc {rcq A{'\ rt ^ oB oe.: o'1 3l "Eo 3u. Fe 3l '';6 dO d '{ ol .{fts iHB i9 "l ', ao ,ott r9 !l v v€€e1lH: &Et 3t 31 4 6 P{ ' Ol..{ N .. ul3g3tu {rqBd 6O 83 o Eq 93atoo x ,.1 ?Fz|l o {,o ou|i! e .1I Ir.ao o! ! I! c ag rt to l,.; o- r, (t q6;tvtDtct a rDltglq Zr ,.1 co ;8 "9o 1l|l l,ta .!a/40/5I9 Eng Ii sh Page 62 I. Reduction of international interest rates 123, Ir} this policy simulation it is assumed that the major OECD countries would iRplement appropriate flpnetary and positlve flscal policies to bring dovrn interestrates by about 2 percentaqe pointg (3 percentage points for the United States, 2 percentage points for most !{estern European countries and I percqntage point for ,Japan) betvreen 1985 and 1990, compared with the baseline projeceions. The Fugiresults show an increase of 0.3 percentage points in cDp growth rates of the developed market economies in 1985-1990, compared eith.the baseline projections,nhile corresponding increases in GDp growth for the devefoping economies are aboutthe same, i.e.,0.32 percentage points (tsble 22). Simllar results are obtainedwith the LINK simulations (i.e., 0.3 and 0,14 percentage points increase ln average
**Analysis**
The text appears to be a discussion on economic policies and their impact on economic growth. It mentions interest rates, fiscal policies, and GDP growth rates, which suggests that the topic is related to economic development. The text also mentions OECD countries and their economic projections, which further supports the idea that the topic is related to economic development.

**Category**
Economic development, International trade