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At a Glance

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Abstract

• The budget was expansionary, bringing about a cumulative fiscal loosening of 1.5-2 per cent of GDP over the next four years.• As a consequence, the pound and long-term interest rates will be higher, while immediate pressure to raise short-term rates is reduced.• After a further quarter point increase in the repo rate to 6.25 per cent, we expect a pause in monetary tightening for the rest of the year.• Sterling's strength will hit manufacturing which will grow by only 1.2 per cent in 2000, compared with overall GDP growth of 2.8 per cent.• Despite continuing low claimant unemployment and earnings growth of 5.5 per cent in 2000, the labour market is not over-stretched.

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  • N/A, 2000. "At a Glance," National Institute Economic Review, National Institute of Economic and Social Research, vol. 172(1), pages 2-2, April.
  • Handle: RePEc:sae:niesru:v:172:y:2000:i:1:p:2-2
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    1. Peralta, Susana & Wauthy, Xavier & van Ypersele, Tanguy, 2006. "Should countries control international profit shifting?," Journal of International Economics, Elsevier, vol. 68(1), pages 24-37, January.
    2. Rissanen, Elina, 2002. "Foreign Aid Policies - Comparing Finland and ireland," Discussion Papers 803, The Research Institute of the Finnish Economy.
    3. Christian Groth & Jakub Growiec, 2017. "Do MincerianWage Equations Inform How Schooling Influences Productivity?," Discussion Papers 17-12, University of Copenhagen. Department of Economics.
    4. Lenzen, Manfred & Dey, Christopher & Foran, Barney, 2004. "Energy requirements of Sydney households," Ecological Economics, Elsevier, vol. 49(3), pages 375-399, July.
    5. Tímár, János & Polónyi, István, 2001. "A tanárok keresete és a tudást fejlesztő felsőoktatás [Faculty earnings and knowledge-developing higher education]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 883-890.
    6. G. Raghuram & V.N. Asopa, 2010. "Issues in Infrastructure for Export of Rice from India," Working Papers id:2666, eSocialSciences.
    7. Raina, Rajeswari S. & Sangar, Sunita & Rasheed Sulaiman, V. & Hall, Andrew J., 2006. "The soil sciences in India: Policy lessons for agricultural innovation," Research Policy, Elsevier, vol. 35(5), pages 691-714, June.
    8. Michael E. Waugh, 2009. "Human Capital, Product Quality, and Bilateral Trade," 2009 Meeting Papers 1204, Society for Economic Dynamics.
    9. Lee Ohanian & David Lagakos & Simeon Alder, 2012. "The Decline of the U.S. Rust Belt: A Macroeconomic Analysis," 2012 Meeting Papers 793, Society for Economic Dynamics.
    10. AMERIGHI, Oscar, 2004. "Transfer pricing and enforcement policy in oligopolistic markets," CORE Discussion Papers 2004069, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Huovinen, Pasi & Piekkola, Hannu, 2001. "Unemployment and Early Retirements of the Aged Workers in Finland," Discussion Papers 750, The Research Institute of the Finnish Economy.
    12. Milkana Mochurova, 2008. "Activating Market-Based Instruments for the Protection of Water Resources," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 33-54.
    13. Spöttl, Georg & Bremer, Rainer & Grollmann, Philipp & Musekamp, Frank, 2009. "Gestaltungsoptionen für die duale Organisation der Berufsbildung," Arbeitspapiere 168, Hans-Böckler-Stiftung, Düsseldorf.
    14. Alexander Ugarov, 2019. "Talent Misallocation across Countries: Evidence from Educational Achievement Tests," 2019 Meeting Papers 1466, Society for Economic Dynamics.
    15. Audra J. Bowlus & Chris Robinson, 2005. "The Contribution of Post-Secondary Education to Human Capital Stocks in Canada and the United States," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20051, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    16. Tom Broekel & Ron Boschma, 2012. "Knowledge networks in the Dutch aviation industry: the proximity paradox," Journal of Economic Geography, Oxford University Press, vol. 12(2), pages 409-433, March.

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