Summary [April 1976]

David N. F. Bell, Alan Carruth, James W. McGilvray, N. O'Sullivan, Andrew J. Oswald, David R. F. Simpson, Fraser of Allander Institute

Research output: Contribution to journal › Article

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.
LanguageEnglish
Pages1-2
Number of pages2
JournalQuarterly Economic Commentary
Volume1
Issue number4
Publication statusPublished - Apr 1976

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World trade
Consumer spending
West Germany
Recession
Authority

Keywords

  • world economic trends
  • UK economic conditions
  • Scottish economy
  • unemployment patterns

Cite this

Carruth, A., O'Sullivan, N., & Fraser of Allander Institute (1976). Summary [April 1976]. Quarterly Economic Commentary, 1(4), 1-2.
Carruth, Alan ; O'Sullivan, N. ; Fraser of Allander Institute. / Summary [April 1976]. In: Quarterly Economic Commentary. 1976 ; Vol. 1, No. 4. pp. 1-2.
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Carruth, A, O'Sullivan, N & Fraser of Allander Institute 1976, 'Summary [April 1976]' Quarterly Economic Commentary, vol. 1, no. 4, pp. 1-2.

Summary [April 1976]. / Carruth, Alan; O'Sullivan, N.; Fraser of Allander Institute.

In: Quarterly Economic Commentary, Vol. 1, No. 4, 04.1976, p. 1-2.

Research output: Contribution to journal › Article

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

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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

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

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ER -

Carruth A, O'Sullivan N, Fraser of Allander Institute. Summary [April 1976]. Quarterly Economic Commentary. 1976 Apr;1(4):1-2.

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