Summary [October 1977]

D N F Bell; M W Danson; J Duignan; M E Glassford; F X Kirwan; J W McGilvray; D R F Simpson; Alison A. Wingfield

Summary [October 1977]

D N F Bell, M W Danson, J Duignan, M E Glassford, F X Kirwan, J W McGilvray, D R F Simpson, Alison A. Wingfield

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Abstract

The general picture is one of a faltering recovery, the consequence in many countries of an excessive depression of aggregate demand by monetary, fiscal and incomes policies. Only in the United States has there been a strong revival of business fixed investment. There, the recovery appears to be reasonably well established, and
the rate of growth of total output is expected to be of the order of 5% annually in both 1977 and 1978. A summary of the Scottish economic outlook is also provided.

Original language	English
Pages (from-to)	30
Number of pages	1
Journal	Quarterly Economic Commentary
Volume	3
Issue number	2
Publication status	Published - Oct 1977

Keywords

world economic trends
British economic performance
economic forecasts
economic growth
Scottish economy
unemployment

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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title = "Summary [October 1977]",

abstract = "The general picture is one of a faltering recovery, the consequence in many countries of an excessive depression of aggregate demand by monetary, fiscal and incomes policies. Only in the United States has there been a strong revival of business fixed investment. There, the recovery appears to be reasonably well established, andthe rate of growth of total output is expected to be of the order of 5% annually in both 1977 and 1978. A summary of the Scottish economic outlook is also provided.",

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T1 - Summary [October 1977]

AU - Bell, D N F

AU - Danson, M W

AU - Duignan, J

AU - Glassford, M E

AU - Kirwan, F X

AU - McGilvray, J W

AU - Simpson, D R F

AU - Wingfield, Alison A.

PY - 1977/10

Y1 - 1977/10

N2 - The general picture is one of a faltering recovery, the consequence in many countries of an excessive depression of aggregate demand by monetary, fiscal and incomes policies. Only in the United States has there been a strong revival of business fixed investment. There, the recovery appears to be reasonably well established, andthe rate of growth of total output is expected to be of the order of 5% annually in both 1977 and 1978. A summary of the Scottish economic outlook is also provided.

AB - The general picture is one of a faltering recovery, the consequence in many countries of an excessive depression of aggregate demand by monetary, fiscal and incomes policies. Only in the United States has there been a strong revival of business fixed investment. There, the recovery appears to be reasonably well established, andthe rate of growth of total output is expected to be of the order of 5% annually in both 1977 and 1978. A summary of the Scottish economic outlook is also provided.

KW - world economic trends

KW - British economic performance

KW - economic forecasts

KW - economic growth

KW - Scottish economy

KW - unemployment

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

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

M3 - Article

SN - 0306-7866

VL - 3

SP - 30

JO - Quarterly Economic Commentary

JF - Quarterly Economic Commentary

IS - 2

ER -

Summary [October 1977]

Abstract

Keywords

UN SDGs

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