The British economy [March 1988]
Ashcroft, Brian and Love, Jim and Boyle, Stephen and Draper, Paul and Dunlop, Stewart and Jenkins, Iain and Lockyer, Cliff and McGregor, Peter and McNicolI, Iain and Pearlman, Mike and Simpson, David and Stevens, Jim (1988) The British economy [March 1988]. Quarterly Economic Commentary, 13 (3). pp. 8-15. ISSN 2046-5378
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Abstract
Growth in the British economy continues at a high rate. To date there is little evidence that the collapse of share prices in October has had much effect on consumer demand or on business confidence. The expected decline in the UK growth rate during 1988 is likely to prevent any occurence of the symptoms of overheating which were evident before the events of last October. Further significant deterioration in the balance of payments is to be expected this year. The size of the deterioration and the extent of downward pressure on the exchange rate will in part depend on the degree to which the economy can contain incipient cost inflationary pressures.
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Item type: Article ID code: 53211 Dates: DateEvent1 March 1988PublishedSubjects: Social Sciences > Economic History and Conditions Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 03 Jun 2015 10:01 Last modified: 08 Jul 2024 01:15 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/53211