The British economy [March 1988]

Brian Ashcroft; Jim Love; Stephen Boyle; Paul Draper; Stewart Dunlop; Iain Jenkins; Cliff Lockyer; Peter McGregor; Iain McNicolI; Mike Pearlman; David Simpson; Jim Stevens; Brian Ashcroft; Jim Love

The British economy [March 1988]

Brian Ashcroft, Jim Love, Stephen Boyle, Paul Draper, Stewart Dunlop, Iain Jenkins, Cliff Lockyer, Peter McGregor, Iain McNicolI, Mike Pearlman, David Simpson, Jim Stevens, Brian Ashcroft (Editor), Jim Love (Editor)

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Abstract

Growth in the British economy continues at a high rate. To date there is little evidence that the collapse of share prices in October has had much effect on consumer demand or on business confidence. The expected decline in the UK growth rate during 1988 is likely to prevent any occurence of the symptoms of overheating which were evident before the events of last October. Further significant deterioration in the balance of payments is to be expected this year. The size of the deterioration and the extent of downward pressure on the exchange rate will in part depend on the degree to which the economy can contain incipient cost inflationary pressures.

Original language	English
Pages (from-to)	8-15
Number of pages	8
Journal	Quarterly Economic Commentary
Volume	13
Issue number	3
Publication status	Published - 1 Mar 1988

Keywords

Fraser of Allander
British economic conditions
British economic activity

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title = "The British economy [March 1988]",

abstract = "Growth in the British economy continues at a high rate. To date there is little evidence that the collapse of share prices in October has had much effect on consumer demand or on business confidence. The expected decline in the UK growth rate during 1988 is likely to prevent any occurence of the symptoms of overheating which were evident before the events of last October. Further significant deterioration in the balance of payments is to be expected this year. The size of the deterioration and the extent of downward pressure on the exchange rate will in part depend on the degree to which the economy can contain incipient cost inflationary pressures.",

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AU - Ashcroft, Brian

AU - Love, Jim

AU - Boyle, Stephen

AU - Draper, Paul

AU - Dunlop, Stewart

AU - Jenkins, Iain

AU - Lockyer, Cliff

AU - McGregor, Peter

AU - McNicolI, Iain

AU - Pearlman, Mike

AU - Simpson, David

AU - Stevens, Jim

A2 - Ashcroft, Brian

A2 - Love, Jim

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N2 - Growth in the British economy continues at a high rate. To date there is little evidence that the collapse of share prices in October has had much effect on consumer demand or on business confidence. The expected decline in the UK growth rate during 1988 is likely to prevent any occurence of the symptoms of overheating which were evident before the events of last October. Further significant deterioration in the balance of payments is to be expected this year. The size of the deterioration and the extent of downward pressure on the exchange rate will in part depend on the degree to which the economy can contain incipient cost inflationary pressures.

AB - Growth in the British economy continues at a high rate. To date there is little evidence that the collapse of share prices in October has had much effect on consumer demand or on business confidence. The expected decline in the UK growth rate during 1988 is likely to prevent any occurence of the symptoms of overheating which were evident before the events of last October. Further significant deterioration in the balance of payments is to be expected this year. The size of the deterioration and the extent of downward pressure on the exchange rate will in part depend on the degree to which the economy can contain incipient cost inflationary pressures.

KW - Fraser of Allander

KW - British economic conditions

KW - British economic activity

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

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VL - 13

SP - 8

EP - 15

JO - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

IS - 3

ER -

The British economy [March 1988]

Abstract

Keywords

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