The British economy [March 1991]

Fraser of Allander Institute

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Abstract

The British economy is clearly now well into the down phase of the growth cycle. It is likely that GDP will begin to increase again during the second half of the year, however, employment and unemployment are unlikely to improve until 1992.
Recovery is constrained by the current parity for sterling within the ERM and the upward pressure on German interest rates due to unification.
Original languageEnglish
Pages (from-to)7-11
Number of pages5
JournalQuarterly Economic Commentary
Volume16
Issue number3
Publication statusPublished - Mar 1991

Keywords

  • British economic trends
  • British macroeconomic trends
  • unemployment levels
  • productivity
  • British GDP

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    Fraser of Allander Institute (1991). The British economy [March 1991]. Quarterly Economic Commentary, 16(3), 7-11.