The world economy [November 1986]

Brian Ashcroft, Jim Walker, Stephen Boyle, Paul Draper, Frank Harrigan, John Heeley, Iain Jenkins, Cliff Lockyer, Jim H Love, Iain McNicolI, Roger Perman, David Simpson, Brian Ashcroft (Editor), Jim Walker (Editor)

Research output: Contribution to journal › Article

Abstract

Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been a temporary phenomenon. External events are continuing to play a significant role. Yet it is the trends within the domestic economy that are a major source of unease. Underlying inflationary pressures continue to operate via the relatively fast growth in average earnings, low productivity growth, the growth of private sector liquidity and the recent significant decrease in the value of sterling. An increase in the growth of non-oil imports adds to fears for the current account of the balance of payments. Perceptions of uncertainty in Government policy particularly towards the exchange rate are a continuing cause for concern.
LanguageEnglish
Pages3-10
Number of pages8
JournalQuarterly Economic Commentary
Volume12
Issue number2
Publication statusPublished - 1 Nov 1986

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World economy
Government policy
Productivity growth
Balance of payments
Exchange rates
Import
Private sector
Current account
Liquidity
Uncertainty

Keywords

  • Fraser of Allander
  • world economic activity
  • world economic condition

Cite this

Ashcroft, B., Walker, J., Boyle, S., Draper, P., Harrigan, F., Heeley, J., ... Walker, J. (Ed.) (1986). The world economy [November 1986]. Quarterly Economic Commentary, 12(2), 3-10.
Ashcroft, Brian ; Walker, Jim ; Boyle, Stephen ; Draper, Paul ; Harrigan, Frank ; Heeley, John ; Jenkins, Iain ; Lockyer, Cliff ; Love, Jim H ; McNicolI, Iain ; Perman, Roger ; Simpson, David ; Ashcroft, Brian (Editor) ; Walker, Jim (Editor). / The world economy [November 1986]. In: Quarterly Economic Commentary. 1986 ; Vol. 12, No. 2. pp. 3-10.
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Ashcroft, B, Walker, J, Boyle, S, Draper, P, Harrigan, F, Heeley, J, Jenkins, I, Lockyer, C, Love, JH, McNicolI, I, Perman, R, Simpson, D, Ashcroft, B (ed.) & Walker, J (ed.) 1986, 'The world economy [November 1986]' Quarterly Economic Commentary, vol. 12, no. 2, pp. 3-10.

The world economy [November 1986]. / Ashcroft, Brian; Walker, Jim; Boyle, Stephen; Draper, Paul; Harrigan, Frank; Heeley, John; Jenkins, Iain; Lockyer, Cliff; Love, Jim H; McNicolI, Iain; Perman, Roger; Simpson, David; Ashcroft, Brian (Editor); Walker, Jim (Editor).

In: Quarterly Economic Commentary, Vol. 12, No. 2, 01.11.1986, p. 3-10.

Research output: Contribution to journal › Article

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AU - Boyle, Stephen

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AU - Heeley, John

AU - Jenkins, Iain

AU - Lockyer, Cliff

AU - Love, Jim H

AU - McNicolI, Iain

AU - Perman, Roger

AU - Simpson, David

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N2 - Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been a temporary phenomenon. External events are continuing to play a significant role. Yet it is the trends within the domestic economy that are a major source of unease. Underlying inflationary pressures continue to operate via the relatively fast growth in average earnings, low productivity growth, the growth of private sector liquidity and the recent significant decrease in the value of sterling. An increase in the growth of non-oil imports adds to fears for the current account of the balance of payments. Perceptions of uncertainty in Government policy particularly towards the exchange rate are a continuing cause for concern.

AB - Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been a temporary phenomenon. External events are continuing to play a significant role. Yet it is the trends within the domestic economy that are a major source of unease. Underlying inflationary pressures continue to operate via the relatively fast growth in average earnings, low productivity growth, the growth of private sector liquidity and the recent significant decrease in the value of sterling. An increase in the growth of non-oil imports adds to fears for the current account of the balance of payments. Perceptions of uncertainty in Government policy particularly towards the exchange rate are a continuing cause for concern.

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KW - world economic condition

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Ashcroft B, Walker J, Boyle S, Draper P, Harrigan F, Heeley J et al. The world economy [November 1986]. Quarterly Economic Commentary. 1986 Nov 1;12(2):3-10.

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