Summary [April 1976]

Alan Carruth; N. O'Sullivan; Fraser of Allander Institute

Summary [April 1976]

Alan Carruth, N. O'Sullivan, Fraser of Allander Institute

Economics

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Abstract

While different countries are now emerging from the recession at different rates, there are unmistakable signs of a slow but steady recovery in world trade and production. Particularly substantial evidence of progress is coming from the United States and West Germany, the stimulus in both countries coming largely from an increase in consumer spending. It is clear that the monetary authorities' in both countries are following a policy of cautious expansion, which is calculated to further moderate the rate of domestic price increases. It seems unlikely, however, that
unemployment will fall much below its present high levels before the end of the year.

Original language	English
Pages (from-to)	1-2
Number of pages	2
Journal	Quarterly Economic Commentary
Volume	1
Issue number	4
Publication status	Published - Apr 1976

Keywords

world economic trends
UK economic conditions
Scottish economy
unemployment patterns

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@article{093750947b3b472db0ba9e26ca89d185,

title = "Summary [April 1976]",

abstract = "While different countries are now emerging from the recession at different rates, there are unmistakable signs of a slow but steady recovery in world trade and production. Particularly substantial evidence of progress is coming from the United States and West Germany, the stimulus in both countries coming largely from an increase in consumer spending. It is clear that the monetary authorities' in both countries are following a policy of cautious expansion, which is calculated to further moderate the rate of domestic price increases. It seems unlikely, however, thatunemployment will fall much below its present high levels before the end of the year.",

keywords = "world economic trends, UK economic conditions, Scottish economy, unemployment patterns",

author = "Bell, {David N. F.} and Alan Carruth and McGilvray, {James W.} and N. O'Sullivan and Oswald, {Andrew J.} and Simpson, {David R. F.} and {Fraser of Allander Institute}",

year = "1976",

month = apr,

language = "English",

volume = "1",

pages = "1--2",

journal = "Fraser of Allander Economic Commentary",

issn = "2046-5378",

publisher = "University of Strathclyde",

number = "4",

}

TY - JOUR

T1 - Summary [April 1976]

AU - Bell, David N. F.

AU - Carruth, Alan

AU - McGilvray, James W.

AU - O'Sullivan, N.

AU - Oswald, Andrew J.

AU - Simpson, David R. F.

AU - Fraser of Allander Institute

PY - 1976/4

Y1 - 1976/4

N2 - While different countries are now emerging from the recession at different rates, there are unmistakable signs of a slow but steady recovery in world trade and production. Particularly substantial evidence of progress is coming from the United States and West Germany, the stimulus in both countries coming largely from an increase in consumer spending. It is clear that the monetary authorities' in both countries are following a policy of cautious expansion, which is calculated to further moderate the rate of domestic price increases. It seems unlikely, however, thatunemployment will fall much below its present high levels before the end of the year.

AB - While different countries are now emerging from the recession at different rates, there are unmistakable signs of a slow but steady recovery in world trade and production. Particularly substantial evidence of progress is coming from the United States and West Germany, the stimulus in both countries coming largely from an increase in consumer spending. It is clear that the monetary authorities' in both countries are following a policy of cautious expansion, which is calculated to further moderate the rate of domestic price increases. It seems unlikely, however, thatunemployment will fall much below its present high levels before the end of the year.

KW - world economic trends

KW - UK economic conditions

KW - Scottish economy

KW - unemployment patterns

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

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

M3 - Article

VL - 1

SP - 1

EP - 2

JO - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

SN - 2046-5378

IS - 4

ER -