National Institute Economic Review articles from July 2000

National Institute Economic Review archives from July 2000

The UK economy.(Brief Article)(Statistical Data Included)
July 1, 2000... * The government's new plans for departmental spending are affordable, but the fiscal loosening does pose a threat to the outlook for inflation and interest rates. * Growth will pick up next year as export performance improves because of...

The world economy.(Brief Article)(Statistical Data Included)
July 1, 2000... * Strong Asian growth is boosting the recovery in the world economy, with global GDP now forecast to increase in 2000 by 4.6 per cent, the highest since 1996. * Inflationary pressures in the US will prompt the US Fed to raise interest...

COMMENTARY.(UK joining the European Monetary Union)(Column)(Statistical Data Included)
July 1, 2000... The debate over the euro The main macroeconomic debate over the past few months has concerned the euro and the question whether and when Britain should join the European Monetary Union. Related to this is the concern people feel over the...

THE HIGH EXCHANGE RATE.(Statistical Data Included)
July 1, 2000... The National Institute held a meeting on 6 June 2000 at the House of Commons and hosted by Dr Vincent Cable MP to discuss the high exchange rate. The panel of speakers comprised Mr Ed Balls (HM Treasury), Lord Lawson, Dr Vincent Cable MP, Dr...

THE UK ECONOMY.(Statistical Data Included)
July 1, 2000... Garry Young [*] Section I. Recent developments and summary of the forecast The government's plans for public sector spending set out in its recent spending review caused relatively little surprise as they mainly confirmed what had...

FISCAL REPORT.(UK)(Statistical Data Included)
July 1, 2000... The macroeconomic effects of fiscal policy since 1997 One of the intriguing features of the UK economy's recent behaviour is that it has combined a strong exchange rate with an apparently tight public sector budgetary position. This is...

THE WORLD ECONOMY.(Statistical Data Included)
July 1, 2000... Section I. Recent economic developments Global economic activity has continued to strengthen significantly since the end of last year, with all the major regions experiencing cyclical upswings in economic activity for the first time since...

A TALE OF TWO CYCLES: CLOSURE, DOWNSIZING AND PRODUCTIVITY GROWTH IN UK MANUFACTURING, 1973-89.(Industry Overview)(Statistical Data Included)
July 1, 2000... Nicholas Oulton [*] This article uses the ARD, the new longitudinal database of the Census of Production, to analyse productivity at the establishment level in the two cycles of 1973-9 and 1979-89. Contrary to a commonly held view,...

EFFECTS OF MINIMUM WAGES ON THE GENDER PAY GAP.(Statistical Data Included)
July 1, 2000... Shirley Dex [*] Holly Sutherland [**] Heather Joshi [***] This article explores the implications of alternative policy regimes for gender wage inequality. Against the background of a description of recent changes in pay ratios of...

CHRISTOPHER DOW ON MAJOR RECESSIONS [*].(Review)
July 1, 2000... The National Institute had planned a seminar to mark the launch of Christopher Dow's new book Major Recessions. The seminar had to be cancelled, because Christopher Dow died a few days before it was due to be held. As some kind of substitute,...

STATISTICAL APPENDIX.
July 1, 2000... [TABLE HAS BEEN CLIPPED]