The British economy [February 1987]
Ashcroft, Brian and Walker, Jim and Boyle, Stephen and Draper, Paul and Harrigan, Frank and Heeley, John and Jenkins, Iain and Lockyer, Cliff and Love, Jim H and McGregor, Peter and McNicolI, Iain and Perman, Roger and Simpson, David (1987) The British economy [February 1987]. Quarterly Economic Commentary, 12 (3). pp. 10-19. ISSN 2046-5378
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Abstract
Output and employment have improved in recent months, due to the delayed effects of more favourable conditions in the world economy and the growth of domestic consumer spending. Despite the most recent monthly figures, the rate of unemployment appears to be on a downward trend which is consistent with developments in output and employment, although government labour market initiatives are likely to have played a significant role. The future course of the rate of inflation and the balance of payments gives some cause for concern, suggesting that a fiscal stimulus, particularly in the form of income tax cuts , would be a less than appropriate strategy in the coming Budget.
ORCID iDs
Ashcroft, Brian, Walker, Jim, Boyle, Stephen, Draper, Paul, Harrigan, Frank, Heeley, John, Jenkins, Iain, Lockyer, Cliff, Love, Jim H, McGregor, Peter ORCID: https://orcid.org/0000-0003-1221-7963, McNicolI, Iain, Perman, Roger ORCID: https://orcid.org/0000-0002-6862-7462 and Simpson, David; Ashcroft, Brian and Walker, Jim-
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Item type: Article ID code: 53233 Dates: DateEvent1 February 1987PublishedSubjects: 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 12:47 Last modified: 09 Oct 2024 00:23 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/53233