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The Medium Term Outlook
Publication year - 1980
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/j.1468-0319.1980.tb00577.x
Subject(s) - medium term , inflation (cosmology) , economics , recession , term (time) , government (linguistics) , great recession , inflation rate , keynesian economics , economic policy , macroeconomics , monetary policy , physics , linguistics , philosophy , quantum mechanics , theoretical physics
Summary The prospects are that the next four years will be considerably worse than the last four; the contrast between 1980/81 and 1978/79 is even more stark. Faced with the prospects of a world recession and a government whose main policy objective is to bring down the rate of inflation, UK output is expected to be the major casualty. Only North Sea oil