Outlook and appraisal [March 1999]

Ashcroft, Brian (1999) Outlook and appraisal [March 1999]. Quarterly Economic Commentary, 24 (2). i-v. ISSN 0306-7866

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Abstract

The effect of the Chancellor's Budget measures is to produce a broadly neutral fiscal stance in the UK over the next three years. A slight stimulus to aggregate demand this year is counterbalanced by a tightening of demand in the following two years. The implications for the growth of demand in the Scottish economy are much more difficult to assess. The effect of the tax changes in Scotland should broadly parallel their impact in the UK, although given the strong redistributive elements in the Budget it might be expected that the stimulus to demand would be somewhat greater here.

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• Item metadata

  Item type:	Article
  ID code:	52914
  Dates:	Date Event March 1999 Published
  Subjects:	Social Sciences > Economic History and Conditions Social Sciences > Economic Theory
  Department:	Strathclyde Business School > Economics Strathclyde Business School > Fraser of Allander Institute
  Depositing user:	Pure Administrator
  Date deposited:	06 May 2015 09:24
  Last modified:	12 Dec 2024 03:19
  Related URLs:	Organisation Journal or Publication
  URI:	https://strathprints.strath.ac.uk/id/eprint/52914