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The UK Economy

Published online by Cambridge University Press:  26 March 2020

Garry Young
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Extract

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 trend growth in 1995 is about to intensify into a recession in 1996.

Type
Articles
Information
National Institute Economic Review , Volume 155 , February 1996 , pp. 7 - 25
Copyright
Copyright © 1996 National Institute of Economic and Social Research

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Footnotes

∗

The forecast was compiled using the latest version of the National Institute Domestic Econometric Model. I am grateful to Nigel Pain and Martin Weale for helpful comments and discussions and to David Poulizac for his help with the database and charts. The forecast was completed on 2 February 1996, some subsequent information is incorporated in the text.