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At a Glance

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  • N/A

Abstract

• The Bank of England needs to raise the base rate to 6.5 per cent by the start of 2001. • There will be a £15bn budget surplus this financial year, £10bn more than projected by the Treasury in the March Budget. The current budget will be in surplus by £19bn. • Restoring earnings indexation for the basic state pension would require around a 5p increase in the standard rate of income tax, according to the National Institute's generational accounting model. • The economy will grow at over 3 per cent a year in 2001 and 2002, continuing the second longest sustained expansion since the war. • While there is little room for further declines in unemployment, the labour market is in broad balance, and strong productivity growth will offset an increase in the growth of average earnings to above 5 per cent a year.

Suggested Citation

  • N/A, 2000. "At a Glance," National Institute Economic Review, National Institute of Economic and Social Research, vol. 174(1), pages 2-2, October.
  • Handle: RePEc:sae:niesru:v:174:y:2000:i:1:p:2-2
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    Cited by:

    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. Lenzen, Manfred & Dey, Christopher & Foran, Barney, 2004. "Energy requirements of Sydney households," Ecological Economics, Elsevier, vol. 49(3), pages 375-399, July.
    4. 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.
    5. 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.
    6. Michael E. Waugh, 2009. "Human Capital, Product Quality, and Bilateral Trade," 2009 Meeting Papers 1204, Society for Economic Dynamics.
    7. 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.
    8. Christian Groth & Jakub Growiec, 2017. "Do Mincerian Wage Equations Inform How Schooling Influences Productivity?," EUSP Department of Economics Working Paper Series 2017/04, European University at St. Petersburg, Department of Economics.
    9. 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).
    10. 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).
    11. G. Raghuram & V.N. Asopa, 2010. "Issues in Infrastructure for Export of Rice from India," Working Papers id:2666, eSocialSciences.
    12. 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.
    13. 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.
    14. Spöttl, Georg & Bremer, Rainer & Grollmann, Philipp & Musekamp, Frank, 2009. "Gestaltungsoptionen für die duale Organisation der Berufsbildung," Arbeitspapiere 168, Hans-Böckler-Stiftung, Düsseldorf.
    15. 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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