National Institute Economic Review articles from August 1995

National Institute Economic Review archives from August 1995

Labour Party policies. (UK)
August 1, 1995... Labour's Economic Approach The general philosophy is set out in the introduction of the report. The key themes are investment, partnership and social justice. The call for more investment may seem uncontroversial, but it fails to make an...

The UK economy.
August 1, 1995... Section I. Recent Developments and Summary of the Forecast Most of the economic news since our last forecast in May points to an earlier reduction in the rate of economic growth in the UK than we had been expecting at that time. At the...

The world economy.
August 1, 1995... Section I. Recent Economic Developments Introduction The early part of 1995 saw considerable turbulence in the foreign exchange markets, resulting in significant currency realignments. Relative exchange-rate patterns have not changed very...

Comparative properties of models of the UK economy.
August 1, 1995... Introduction Macroeconomic policy-making has experienced important changes in recent years. With the departure of sterling from the exchange-rate mechanism of the European monetary system in September 1992, the objective of monetary policy...

Misalignment, debt accumulation and fundamental equilibrium exchange rates.
August 1, 1995... Introduction Our objective in this article is to investigate the effects of hysteresis - operating through shifting international net asset stocks during periods of misalignment - on the fundamental equilibrium exchange rate. Although our...

Corporate governance.
August 1, 1995... Introduction The issue has existed for as long as there have been social institutions; yet two decades ago, the term 'corporate governance' had not been coined. The matters involved were of concern only as an esoteric branch of commercial law....