Summary [January 1976]

Telford, Richard, Fraser of Allander Institute (1976) Summary [January 1976]. Quarterly Economic Commentary, 1 (3). pp. 1-2. ISSN 0306-7866

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Abstract

Prospects for the world economy have greatly improved in the last few months. The key to this recovery lies in the United States, which experienced rapid growth during the second half of 1975. Simultaneously, the rate of price inflation slowed to an annual rate of just under 8%, and the US secured a substantial balance of payments surplus. Although the present situation and the short-run outlook - inevitable consequences of general UK experience during the present cycle of recession - are gloomy, analysis of Scotland's relative performance in this recession provides some grounds for optimism.

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• Item metadata

  Item type:	Article
  ID code:	50197
  Dates:	Date Event January 1976 Published
  Subjects:	Social Sciences > Economic Theory Social Sciences > Commerce Social Sciences > Industries. Land use. Labor
  Department:	Strathclyde Business School > Economics Strathclyde Business School > Fraser of Allander Institute
  Depositing user:	Pure Administrator
  Date deposited:	07 Nov 2014 14:07
  Last modified:	11 Nov 2024 10:51
  Related URLs:	Journal or Publication Organisation
  URI:	https://strathprints.strath.ac.uk/id/eprint/50197