The world economy [April 1978]

David N. F. Bell, Michael W. Danson, M. E. Glassford, Frank X. Kirwan, James W. McGilvray, A. J. Morton, Alison A. Wingfield, Fraser of Allander Institute, David N. F. Bell (Editor)

    Research output: Contribution to journalArticle

    Abstract

    The more detailed and disaggregated data now available confirm that 1977 was indeed a year of stagnating industrial production and rising unemployment in the
    major world economies with the exception of Japan and the United States. It was the
    year of the financial "recovery" not just in Britain, but also in Italy and France. The
    contractionary stance of both fiscal and monetary policy in late 1975 and through 1976 had the expected effects on financial variables.
    LanguageEnglish
    Pages1-2
    Number of pages2
    JournalQuarterly Economic Commentary
    Volume3
    Issue number4
    Publication statusPublished - Apr 1978

    Fingerprint

    Japan
    Unemployment
    World economy
    Industrial production
    Italy
    Financial variables
    France
    Fiscal and monetary policy

    Keywords

    • world economic trends
    • global economic output
    • GDP growth

    Cite this

    Bell, D. N. F., Danson, M. W., Glassford, M. E., Kirwan, F. X., McGilvray, J. W., Morton, A. J., ... Bell, D. N. F. (Ed.) (1978). The world economy [April 1978]. Quarterly Economic Commentary, 3(4), 1-2.
    Bell, David N. F. ; Danson, Michael W. ; Glassford, M. E. ; Kirwan, Frank X. ; McGilvray, James W. ; Morton, A. J. ; Wingfield, Alison A. ; Fraser of Allander Institute ; Bell, David N. F. (Editor). / The world economy [April 1978]. In: Quarterly Economic Commentary. 1978 ; Vol. 3, No. 4. pp. 1-2.
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    keywords = "world economic trends, global economic output, GDP growth",
    author = "Bell, {David N. F.} and Danson, {Michael W.} and Glassford, {M. E.} and Kirwan, {Frank X.} and McGilvray, {James W.} and Morton, {A. J.} and Wingfield, {Alison A.} and {Fraser of Allander Institute} and Bell, {David N. F.}",
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    Bell, DNF, Danson, MW, Glassford, ME, Kirwan, FX, McGilvray, JW, Morton, AJ, Wingfield, AA, Fraser of Allander Institute & Bell, DNF (ed.) 1978, 'The world economy [April 1978]' Quarterly Economic Commentary, vol. 3, no. 4, pp. 1-2.

    The world economy [April 1978]. / Bell, David N. F.; Danson, Michael W.; Glassford, M. E.; Kirwan, Frank X.; McGilvray, James W.; Morton, A. J.; Wingfield, Alison A.; Fraser of Allander Institute; Bell, David N. F. (Editor).

    In: Quarterly Economic Commentary, Vol. 3, No. 4, 04.1978, p. 1-2.

    Research output: Contribution to journalArticle

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    AB - The more detailed and disaggregated data now available confirm that 1977 was indeed a year of stagnating industrial production and rising unemployment in themajor world economies with the exception of Japan and the United States. It was theyear of the financial "recovery" not just in Britain, but also in Italy and France. Thecontractionary stance of both fiscal and monetary policy in late 1975 and through 1976 had the expected effects on financial variables.

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    KW - GDP growth

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    Bell DNF, Danson MW, Glassford ME, Kirwan FX, McGilvray JW, Morton AJ et al. The world economy [April 1978]. Quarterly Economic Commentary. 1978 Apr;3(4):1-2.