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The Economic Situation

Expansion in Britain

Published online by Cambridge University Press:  26 March 2020

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Extract

The Budget has introduced substantial tax reductions. The main question to examine is how much these reductions will stimulate expansion.

Type
Articles
Information
National Institute Economic Review , Volume 3 , May 1959 , pp. 4 - 15
Copyright
Copyright © 1959 National Institute of Economic and Social Research

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References

note (1) page 5 Economic Survey of Europe in 1958, United Nations, (Geneva, 1959), chapter V, page 24.

note (1) page 8 Hansard, 13 April 1959, col. 763.

note (2) page 8 National Institute Economic Review, No. 2, March 1959, page 12.

note (3) page 8 Board of Trade Journal, 8 May, 1959, page 1077.

note (4) page 8 New car prices do not appear in the retail price index. Second-hand car prices are taken instead, and these do not appear to have fallen, as yet, to the full extent of the purchase tax reductions.

note (1) page 12 A more detailed analysis of earlier trends was given in the National Institute Economic Review, No. 2, March 1959, page 20.

note (1) page 14 See Imports and expansion’, National Institute Economic Review, No. 2, March 1959, page 26.