National Institute Economic Review articles from November 1995

National Institute Economic Review archives from November 1995

Commentary. (economic prospects and policy recommendations for the U.K.)
November 1, 1995... Prospects for the United Kingdom The second half of this year has seen a slowdown in the rate of growth of the economy, with output now growing at only about 2 per cent per annum compared with around 4 per cent last year. The main factors...

The UK economy.
November 1, 1995... There are now widespread fears that the slowdown in the rate of growth of the UK economy might worsen and turn into another recession. Those holding this view can point to a variety of evidence to support their claim. In particular, retail...

The world economy.
November 1, 1995... Section I. Recent Economic Developments Introduction Indications from the first half of the year suggested that the present cyclical expansion was starting to slow in much of the OECD. The pace of activity moderated particularly...

Supply side reform and UK economic growth: what happened to the miracle?
November 1, 1995... Two institutions have retarded UK productivity growth in the post-war period: industrial relations and education. The failings of both were largely addressed in the 1980s. the productivity improvement of the 1980s was genuine and was largely...

Closing the UK competitiveness gap.
November 1, 1995... Introduction Improving national competitiveness has become a key policy theme of the 1990s. The UK Government has published two White Papers on competitiveness (HMSO, 1994 and 1995) and is committed to producing a third in 1996. The US,...

International differences in manufacturing unit labour costs.
November 1, 1995... 1. Introduction Recent research projects have provided measures of labour productivity levels in British manufacturing relative to her major competitors. Using similar methodology, but for a varying number of industries, estimates exist...