Picture map of Europe with pins indicating European capital cities

Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

Explore research outputs by the European Policies Research Centre...

Summary [April 1977]

Bell, David N. F. and Carruth, Alan A. and Danson, Michael W. and Duignan, John and Glassford, M. E. and Kirwan, Frank X. and Simpson, David R. F. and Wingfield, Alison A. (1977) Summary [April 1977]. Quarterly Economic Commentary, 2 (4). p. 35. ISSN 0306-7866

PDF (FEC_2_4_1977_Summary)
FEC_2_4_1977_Summary.pdf - Final Published Version

Download (53kB) | Preview


The initial recovery from the 1974-75 recession in Germany, Japan and the United States has lost much of its momentum. It is likely that the growth of world output and of international trade will be slower in 1977 than i t was last year. Failure of the major countries to agree on co-ordinated action may consign many of the European economies to an extended period of stagnation.