Picture water droplets

Developing mathematical theories of the physical world: Open Access research on fluid dynamics from Strathclyde

Strathprints makes available Open Access scholarly outputs by Strathclyde's Department of Mathematics & Statistics, where continuum mechanics and industrial mathematics is a specialism. Such research seeks to understand fluid dynamics, among many other related areas such as liquid crystals and droplet evaporation.

The Department of Mathematics & Statistics also demonstrates expertise in population modelling & epidemiology, stochastic analysis, applied analysis and scientific computing. Access world leading mathematical and statistical Open Access research!

Explore all Strathclyde Open Access research...

Summary [July 1977]

Bell, David N. F. and Bulmer-Thomas, Victor and Carruth, Alan A. and Danson, Michael W. and Duignan, John and Glassford, M. E. and Kirwan, Frank X. and McGilvray, James W. and Simpson, David R. F. and Wingfield, Alison A., Fraser of Allander Institute (1977) Summary [July 1977]. Quarterly Economic Commentary, 3 (1). p. 28. ISSN 0306-7866

PDF (FEC_3_1_1977_Summary)
Final Published Version

Download (372kB) | Preview


For most of the industrialised countries of the world, the first half of 1977 has been a period of relatively slow growth, and very slow adjustment towards the objectives of price stability and full employment. In the United States, however, a stronger recovery is evident: GNP is expected to grow by 5% in 1977, and by perhaps a similar amount in 1978.