National Institute Economic Review articles from February 1993

National Institute Economic Review archives from February 1993

Commentary. (UK economy) (The Economic Situation)
February 1, 1993... * The initial response of the British economy to devaluation and the relaxation of monetary policy has been in line with expectations. Business optimism has recovered. The prospects for exports have improved. Import prices have risen sharply....

The UK economy. (includes related article) (The Economic Situation)
February 1, 1993... Section I. Recent Developments and Summary of the Forecast Last year again proved a disappointing one for the UK economy with GDP declining by around 3/4 per cent, although activity does appear to have stabilised over the course of the year...

The world economy. (includes related articles) (The Economic Situation)
February 1, 1993... parties and political fragmentation may be irreversible. Electoral and constitutional reforms were already being discussed in a joint parliamentary commission, with the aim of creating a more efficient political system, but the process will be...

Should the Bank of England be independent? (monetary policy in the UK)
February 1, 1993... 1. Introduction This note examines the question of whether the responsibility for the operation of monetary policy in the UK should be ceded to an independent Bank of England. While sterling was committed to membership of the European Monetary...

Lessons for Europe from New Zealand's liberalisation experience.
February 1, 1993... Sage. A. Bollard (1992), 'New Zealand: Economic reforms 1984-1991', Country Studies, no. 10, International Centre for Economic Growth, San Francisco. I.G. Begg and D.G. Mayes (1992), 'Cohesion in the European Community: a key imperative for...