Picture of boy being examining by doctor at a tuberculosis sanatorium

Understanding our future through Open Access research about our past...

Strathprints makes available scholarly Open Access content by researchers in the Centre for the Social History of Health & Healthcare (CSHHH), based within the School of Humanities, and considered Scotland's leading centre for the history of health and medicine.

Research at CSHHH explores the modern world since 1800 in locations as diverse as the UK, Asia, Africa, North America, and Europe. Areas of specialism include contraception and sexuality; family health and medical services; occupational health and medicine; disability; the history of psychiatry; conflict and warfare; and, drugs, pharmaceuticals and intoxicants.

Explore the Open Access research of the Centre for the Social History of Health and Healthcare. Or explore all of Strathclyde's Open Access research...

Image: Heart of England NHS Foundation Trust. Wellcome Collection - CC-BY.

The British economy [December 1989]

Love, Jim and Ashcroft, Brian and Brooks, Richard and Dourmashkin, Neil and Draper, Paul and Dunlop, Stewart and Lockyer, Cliff and Magee, Lesley and Malloy, Eleanor and McRory, Eric and Monaghan, Claire and McGregor, Peter and Perman, Roger and Stevens, Jim and Swales, Kim (1989) The British economy [December 1989]. Quarterly Economic Commentary, 15 (2). pp. 6-12. ISSN 0306-7866

Text (FEC_15_2_1989_British_Economy)
Final Published Version

Download (541kB) | Preview


The rate of growth of output continues to slow down. The form of the economic contraction still gives cause for concern as the output of tradeables shows few signs of holding up better than non-tradeable production - the necessary requirement if recession is to be avoided. On the credit side investment, and particularly manufacturing investment, appears to be holding up well in the face of monetary contraction. In addition, the rate of growth of export volumes appears to be rising slowly relative to imports. The recent downward movement of sterling perhaps signals a change in economic policy.