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; Jim Walker

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)

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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.

Original language	English
Pages (from-to)	3-10
Number of pages	8
Journal	Quarterly Economic Commentary
Volume	12
Issue number	2
Publication status	Published - 1 Nov 1986

Keywords

Fraser of Allander
world economic activity
world economic condition

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title = "The world economy [November 1986]",

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.",

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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 - Ashcroft, Brian

AU - Walker, Jim

AU - Boyle, Stephen

AU - Draper, Paul

AU - Harrigan, Frank

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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JO - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

SN - 2046-5378

IS - 2

ER -

The world economy [November 1986]

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