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National Institute Economic Review articles from February 1996
Quarterly publication publishes research, commentary and forecasts on economic and social issues, includingeconomic modeling and analysis, productivity and competitiveness and education and training.
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National Institute Economic Review archives from February 1996
Commentary: economic prospects and policy recommendations.
February 1, 1996... The UK Economy
Since our November forecast interest rates have been cut twice as UK activity has slowed. Nevertheless a number of indicators suggested that the worst of the slowdown was over by the end of the year and that activity has started...
The UK economy.
February 1, 1996... Section I. Recent Developments and Summary of the Forecast
The UK and world economies have reached a position where it is not clear whether they are going to continue expanding at a reasonable trend like rate or whether the slowdown from above...
The world economy.
February 1, 1996... Section I. Recent Economic Developments
Introduction
There are now widespread signs that activity in the world economy has slowed sharply. This slowdown has been particularly marked within Europe, where our estimates suggest that the...
The rise of China as an economic power.
February 1, 1996... Introduction
It is now twenty years since the end of the Cultural Revolution in China in 1976. During these years, the People's Republic of China (PRC) has achieved an extremely fast rate of economic growth, as shown in Table 1.1 below....
Structural change in European labour markets.
February 1, 1996... 1. Introduction and Overview
In recent years considerable attention has been paid to the condition of labour markets in Europe. The recession of the early 1990s saw unemployment reach a post war high in a number of European countries. As Chart...
Real national income.
February 1, 1996... What do we mean by a country's real income? There are in fact two different approaches here. One, which we address here, is the question of interpreting the existing definition of income. The other is the widespread view that income ought to...
Anti-dumping policy after the Uruguay Round - an appraisal.
February 1, 1996... Introduction
In December, 1993, the round of multilateral trade negotiations known as the Uruguay Round was at last successfully concluded, seven years after it was launched at Punta del Este in Uruguay and three years later than it was...