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

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)

Fraser Of Allander Institute

Research output: Contribution to journal › Article

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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.

Original language	English
Pages (from-to)	1-2
Number of pages	2
Journal	Quarterly Economic Commentary
Volume	3
Issue number	4
Publication status	Published - Apr 1978

UN SDGs

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

SDG 8 Decent Work and Economic Growth

Keywords

world economic trends
global economic output
GDP growth

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title = "The world economy [April 1978]",

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.",

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.\}",

year = "1978",

month = apr,

language = "English",

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journal = "Quarterly Economic Commentary",

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publisher = "University of Strathclyde",

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AU - Bell, David N. F.

AU - Danson, Michael W.

AU - Glassford, M. E.

AU - Kirwan, Frank X.

AU - McGilvray, James W.

AU - Morton, A. J.

AU - Wingfield, Alison A.

AU - Fraser of Allander Institute

A2 - Bell, David N. F.

PY - 1978/4

Y1 - 1978/4

N2 - 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.

AB - 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.

KW - world economic trends

KW - global economic output

KW - GDP growth

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

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

M3 - Article

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JO - Quarterly Economic Commentary

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IS - 4

ER -

The world economy [April 1978]

Abstract

UN SDGs

Keywords

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