Abstract
This brief paper analyses the latest economic data and shows that despite the measures announced in the Autumn Statement the recession is likely to continue into 1993. Moreover, the government's current policy stance appears to be running the risk of returning the economy back to a stop-go cycle with damaging consequences for medium to long-term growth.
Original language | English |
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Pages (from-to) | 5-8 |
Number of pages | 4 |
Journal | Quarterly Economic Commentary |
Volume | 18 |
Issue number | 2 |
Publication status | Published - Dec 1992 |
Keywords
- world economic trends
- economic forecasts