Abstract
With unemployment having now passed the critical 3 million level there is intense pressure on the Chancellor to adopt a more reflationary stance in the coming Budget. Even within the confines of the present strategy there appears to be some scope for a limited expansion. This review of UK and world economic data will appraise recent economic performance and make predictions about future economic prospects.
Original language | English |
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Pages (from-to) | 1-4 |
Number of pages | 4 |
Journal | Quarterly Economic Commentary |
Volume | 7 |
Issue number | 3 |
Publication status | Published - Feb 1982 |
Keywords
- UK economic growth
- economic conditions
- global economic performance
- deflation