摘要:

In thisForecast Releasewe assess the evidence from the economic indicators and the latest official statistics for the view that the economy is at a turning point. We conclude that, while last year's rapid decline in UK output is coming to an end, a broadly‐based recovery of the UK economy is unlikely until the world economy starts to grow again. The business surveys suggest that the upturn in European economy is less well established than the UK recovery. It may also be delayed further by high interest rates. The world turning point is thus likely to be some months later than die UK turning point, despite the strong upswing in the US. This implies that the UK recovery could be somewhat hesitant in the coming month

ISSN:0140-489X    

DOI:10.1111/j.1468-0319.1981.tb00251.x

出版商:Blackwell Publishing Ltd    

年代:1981

数据来源: WILEY