Summary [January 1977]

Alan A. Carruth, Michael W. Danson, John Duignan, M. E. Glassford, Frank X. Kirwan, David R. F. Simpson, Alison A. Wingfield, Fraser of Allander Institute

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    Abstract

    The pace of recovery in the major economies of the world slackened in the course of 1976. The available evidence suggests that their growth in 1977 may be slower than had earlier been hoped for, and that further reductions in unemployment and in rates of inflation may be difficult to achieve in the short run.
    Original languageEnglish
    Pages (from-to)32
    Number of pages1
    JournalQuarterly Economic Commentary
    Volume2
    Issue number3
    Publication statusPublished - Jan 1977

    Keywords

    • Scottish economic trends
    • global economic conditions
    • British economic performance

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