Review of the quarter's economic trends [October 1978]

David N. F. Bell, S. Hart, Frank X. Kirwan, James W. McGilvray, A. J. Morton, David R. F. Simpson, Alison A. Wingfield, Fraser of Allander Institute, David N. F. Bell (Editor)

    Research output: Contribution to journalArticle

    Abstract

    It now appears that growth in the world economy this year is unlikely to exceed that of 1977. In effect the improvement in the growth performance of the major European economies has been offset by a slowdown in the American economy. In retrospect, the buoyant conditions of the second quarter in both the United States and some of the larger European economies may have been due primarily to the aftermath of severe weather and to a recovery from the effects of industrial disputes
    than to any self-sustaining revival in activity. The OECD in its most recent Economic Outlook remained pessimistic about growth and inflation prospects in the light of decreasing fiscal stimuli and a return to more inflationary wage settlements.
    LanguageEnglish
    Pages1-6
    Number of pages6
    JournalQuarterly Economic Commentary
    Volume4
    Issue number2
    Publication statusPublished - Oct 1978

    Fingerprint

    Economic trends
    Wages
    Economics
    Weather
    World economy
    Fiscal stimulus
    Inflation

    Keywords

    • world economic trends
    • British economic performance
    • economic forecasts
    • economic growth

    Cite this

    Bell, D. N. F., Hart, S., Kirwan, F. X., McGilvray, J. W., Morton, A. J., Simpson, D. R. F., ... Bell, D. N. F. (Ed.) (1978). Review of the quarter's economic trends [October 1978]. Quarterly Economic Commentary, 4(2), 1-6.
    Bell, David N. F. ; Hart, S. ; Kirwan, Frank X. ; McGilvray, James W. ; Morton, A. J. ; Simpson, David R. F. ; Wingfield, Alison A. ; Fraser of Allander Institute ; Bell, David N. F. (Editor). / Review of the quarter's economic trends [October 1978]. In: Quarterly Economic Commentary. 1978 ; Vol. 4, No. 2. pp. 1-6.
    @article{a7d5efad4b164aa2a7a0251b9a124a36,
    title = "Review of the quarter's economic trends [October 1978]",
    abstract = "It now appears that growth in the world economy this year is unlikely to exceed that of 1977. In effect the improvement in the growth performance of the major European economies has been offset by a slowdown in the American economy. In retrospect, the buoyant conditions of the second quarter in both the United States and some of the larger European economies may have been due primarily to the aftermath of severe weather and to a recovery from the effects of industrial disputesthan to any self-sustaining revival in activity. The OECD in its most recent Economic Outlook remained pessimistic about growth and inflation prospects in the light of decreasing fiscal stimuli and a return to more inflationary wage settlements.",
    keywords = "world economic trends, British economic performance, economic forecasts, economic growth",
    author = "Bell, {David N. F.} and S. Hart and Kirwan, {Frank X.} and McGilvray, {James W.} and Morton, {A. J.} and Simpson, {David R. F.} and Wingfield, {Alison A.} and {Fraser of Allander Institute} and Bell, {David N. F.}",
    year = "1978",
    month = "10",
    language = "English",
    volume = "4",
    pages = "1--6",
    journal = "Fraser of Allander Economic Commentary",
    issn = "2046-5378",
    publisher = "University of Strathclyde",
    number = "2",

    }

    Bell, DNF, Hart, S, Kirwan, FX, McGilvray, JW, Morton, AJ, Simpson, DRF, Wingfield, AA, Fraser of Allander Institute & Bell, DNF (ed.) 1978, 'Review of the quarter's economic trends [October 1978]' Quarterly Economic Commentary, vol. 4, no. 2, pp. 1-6.

    Review of the quarter's economic trends [October 1978]. / Bell, David N. F.; Hart, S.; Kirwan, Frank X.; McGilvray, James W.; Morton, A. J.; Simpson, David R. F.; Wingfield, Alison A.; Fraser of Allander Institute; Bell, David N. F. (Editor).

    In: Quarterly Economic Commentary, Vol. 4, No. 2, 10.1978, p. 1-6.

    Research output: Contribution to journalArticle

    TY - JOUR

    T1 - Review of the quarter's economic trends [October 1978]

    AU - Bell, David N. F.

    AU - Hart, S.

    AU - Kirwan, Frank X.

    AU - McGilvray, James W.

    AU - Morton, A. J.

    AU - Simpson, David R. F.

    AU - Wingfield, Alison A.

    AU - Fraser of Allander Institute

    A2 - Bell, David N. F.

    PY - 1978/10

    Y1 - 1978/10

    N2 - It now appears that growth in the world economy this year is unlikely to exceed that of 1977. In effect the improvement in the growth performance of the major European economies has been offset by a slowdown in the American economy. In retrospect, the buoyant conditions of the second quarter in both the United States and some of the larger European economies may have been due primarily to the aftermath of severe weather and to a recovery from the effects of industrial disputesthan to any self-sustaining revival in activity. The OECD in its most recent Economic Outlook remained pessimistic about growth and inflation prospects in the light of decreasing fiscal stimuli and a return to more inflationary wage settlements.

    AB - It now appears that growth in the world economy this year is unlikely to exceed that of 1977. In effect the improvement in the growth performance of the major European economies has been offset by a slowdown in the American economy. In retrospect, the buoyant conditions of the second quarter in both the United States and some of the larger European economies may have been due primarily to the aftermath of severe weather and to a recovery from the effects of industrial disputesthan to any self-sustaining revival in activity. The OECD in its most recent Economic Outlook remained pessimistic about growth and inflation prospects in the light of decreasing fiscal stimuli and a return to more inflationary wage settlements.

    KW - world economic trends

    KW - British economic performance

    KW - economic forecasts

    KW - economic growth

    UR - http://www.strath.ac.uk/frasercommentary/

    UR - http://www.strath.ac.uk/fraser/

    M3 - Article

    VL - 4

    SP - 1

    EP - 6

    JO - Fraser of Allander Economic Commentary

    T2 - Fraser of Allander Economic Commentary

    JF - Fraser of Allander Economic Commentary

    SN - 2046-5378

    IS - 2

    ER -

    Bell DNF, Hart S, Kirwan FX, McGilvray JW, Morton AJ, Simpson DRF et al. Review of the quarter's economic trends [October 1978]. Quarterly Economic Commentary. 1978 Oct;4(2):1-6.