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Chapter I. The Home Economy

Published online by Cambridge University Press:  26 March 2020

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Extract

Most of the indicators of the British economy published in the past few months have pointed to faster growth of output and demand. 1987, it now appears, may show the largest increase in GDP since the early 1970s. This acceleration is remarkable, considering that the recovery from the 1979–81 recession is now in its sixth year. The course of output since 1979 is the subject of chapter III of this Review.

Type
Articles
Information
National Institute Economic Review , Volume 122 , November 1987 , pp. 7 - 23
Copyright
Copyright © 1987 National Institute of Economic and Social Research

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Footnotes

The forecasts were prepared by Andrew Britton, Andrew Gurney and Michael Joyce, but they draw on the work of the whole team engaged in macroeconomic analysis and modelbuilding at the Institute.