Chapter I. The Home Economy

1984 ◽  
Vol 110 ◽  
pp. 6-26

This chapter is in two parts. The first part contains discussion of the current situation and a short-term forecast to end-1986. The second part looks at the medium term. It begins with an analysis of probable trends in public expenditure over the next five years. The NIESR econometric model is then used to analyse medium-term prospects for the home economy. The medium-term outlook for the rest of the world is discussed in chapter II.

1985 ◽  
Vol 114 ◽  
pp. 6-32

This chapter is in two parts. The first part contains discussion of the current situation and a short-term forecast to end-1987. The second part looks at the medium term, beginning with an analysis of probable trends in public expenditure over the next five years. The medium-term outlook for the rest of the world is discussed in chapter II.


1982 ◽  
Vol 102 ◽  
pp. 6-26

This chapter contains a brief general account of recent developments in the economy and a short-term forecast to end-1984. (A medium-term assessment is given in chapter 3.) Since our last forecast, published in the May issue, we have re-estimated, and in some cases also re-specified, many sectors of our econometric model. This has inevitably changed some of its properties.Two short notes are appended. The first discusses the company sector's current financial position and the implications of the forecast for profitability. The second describes the data on wage settlements which we compile as part of our regular assessment of trends in wages and earnings.


1982 ◽  
Vol 99 ◽  
pp. 6-28 ◽  

This chapter is in two main parts: the first gives a brief account of developments in the economy in 1981; the second contains the short-term forecast to end-1983. In addition, two short notes are appended addressed to topics of particular current interest and concern: the impact of the recession on company profitability and liquidity and recent trends in productivity.


1983 ◽  
Vol 103 ◽  
pp. 6-29

This chapter is in two main parts. The first contains a survey of economic developments in 1982. It begins with a brief account of economic policy; succeeding sections deal with output and demand, inflation, and the balance of payments. It concludes with a discussion of the experience of individual industries over the past year, and since the beginning of recession in 1979. The second part of the chapter contains a short-term forecast to end-1984.


1974 ◽  
Vol 68 ◽  
pp. 9-45

The February issue of the Review was affected by the energy situation as to both length and the need for special treatment of the oil situation. Much material of the kind normally included in the pre-Budget issue was therefore omitted. For this reason the current issue contains rather more material than usual on the domestic economy in the form of a review of economic events over the last 12-18 months. A general review (pages 9-14) is followed by an assessment of various forecasts of the economy in 1973 (page 14) and then some discussion of the behaviour of prices and incomes since the introduction of the counter-inflation policy in November 1972 (page 17). Balance of payments developments are discussed on page 22. An analysis of trade and other developments since the United Kingdom's entry into the EEC begins on page 24 and the normal short-term forecast appears on pages 28-45.


1983 ◽  
Vol 106 ◽  
pp. 5-25

This chapter is in two parts. The first contains a brief account of the current situation and an assessment of the outlook to end-1985. The second discusses the medium-term prospect to 1988.


1973 ◽  
Vol 63 ◽  
pp. 9-33

Chapter I presents a general review of economic developments in 1972 including an attempt to assess the position of the economy in relation to its full employment potential. Chapter II includes the usual short-term forecast of likely developments over the next eighteen months together with a less detailed assessment of prospects over the rather longer term. Recent developments in and short-term prospects for various industries within the industrial production index are dealt with in some detail in Chapter III, while the final chapter contains our annual review and forecasts for the World Economy.


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