Chapter I. the Home Economy

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National Institute Economic Review, 1986, vol. 115, issue 1, 6-26

Abstract: This chapter is in two parts. The first gives a general survey of developments in the British economy last year. It begins with a description of trends in output and demand; succeeding sections deal with fiscal policy, monetary policy and the exchange rate, inflation, unemployment and the balance of payments. It concludes with a post mortem on last year's forecasts. The second part of the chapter contains a short-term forecast for 1986 and 1987

Date: 1986
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