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The United Kingdom

Author

Listed:
  • Simona Moagar Poladian

Abstract

The UK economic growth rate has decreased in 2011 to 0.7% in comparison to 2010 when the GDP rate growth had increased to 2.1%. The main cause of this significance slowdown is based on long term reducing of internal demand (-1.2%). Investment that usually is considered a sustainable economic growth factor has been an impeding cause for GDP by registering a negative rate of -1.2% in 2011. The unique stimulating growth element has been the net exports contributing to 1% to the yearly GDP rate growth.

Suggested Citation

  • Simona Moagar Poladian, 2012. "The United Kingdom," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
  • Handle: RePEc:iem:conjun:y:2012:id:2822000009567015
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    More about this item

    Keywords

    GDP; consumption; inflation rate; investment; exports;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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