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The UK economy

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Abstract

The economy will contract very slightly (0.1 per cent) this year but grow by 2.3 per cent in 2013. Consumer price inflation will fall back to 2.2 per cent this year and 1.4 per cent in 2013. We expect the cyclically adjusted current budget to return to balance in 2016–17. We expect unemployment to continue to rise this year to about 9 per cent, and to remain elevated thoughout the forecast period.

Suggested Citation

  • N/A, 2012. "The UK economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 219(1), pages 3-3, January.
  • Handle: RePEc:sae:niesru:v:219:y:2012:i:1:p:f3-f3
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    Cited by:

    1. Abeer Reza & Eric Santor & Lena Suchanek, 2015. "Quantitative Easing as a Policy Tool Under the Effective Lower Bound," Discussion Papers 15-14, Bank of Canada.
    2. Lange Bastian, 2017. "Offene Werkstätten und Postwachstumsökonomien: kollaborative Orte als Wegbereiter transformativer Wirtschaftsentwicklungen?," ZFW – Advances in Economic Geography, De Gruyter, vol. 61(1), pages 38-55, May.
    3. Stiglitz, Joseph E., 2015. "Leaders and followers: Perspectives on the Nordic model and the economics of innovation," Journal of Public Economics, Elsevier, vol. 127(C), pages 3-16.
    4. Jonathan Cribb & Xiaowei Xu, 2020. "Going solo: how starting solo self-employment affects incomes and well-being," IFS Working Papers W20/23, Institute for Fiscal Studies.
    5. Evans, Geoff & Phelan, Liam, 2016. "Transition to a post-carbon society: Linking environmental justice and just transition discourses," Energy Policy, Elsevier, vol. 99(C), pages 329-339.
    6. Malgorzata Olszak & Mateusz Pipien & Iwona Kowalska & Sylwia Roszkowska, 2015. "Do regulations and supervision shape the capital crunch effect of large banks in the EU?," Faculty of Management Working Paper Series 32015, University of Warsaw, Faculty of Management.
    7. Krasikov, Ilia & Lamba, Rohit, 2021. "A theory of dynamic contracting with financial constraints," Journal of Economic Theory, Elsevier, vol. 193(C).
    8. Arthur Vankan & Koen Frenken & Carolina Castaldi, 2014. "Designing for a Living? Income Determinants Among Firm Founders in the Dutch Design Sector," Industry and Innovation, Taylor & Francis Journals, vol. 21(2), pages 117-140, February.
    9. Kate Bayliss & Ben Fine & Mary Robertson, 2013. "From Financialisation to Consumption: The Systems of Provision Approach Applied to Housing and Water," Working papers wpaper02, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    10. Philip Amison & David Bailey, 2013. "Industrial Diversity and Innovation Spillovers: Dynamic Innovation and Adoption. WWWforEurope Working Paper No. 45," WIFO Studies, WIFO, number 47020, February.
    11. Anđelković Aleksandra & Milovanović Goran, 2021. "Supplier Selection Process Based on Green Approach," Economic Themes, Sciendo, vol. 59(3), pages 391-407, September.
    12. Chiara N Focacci & Vassil Kirov, 2021. "Regional entrepreneurial ecosystems: Technological transformation, digitalisation and the longer term—The automotive and ICT sectors in the UK and Bulgaria," Local Economy, London South Bank University, vol. 36(1), pages 56-74, February.
    13. Agnew, Kerri & Lyons, Ronan C., 2018. "The impact of employment on housing prices: Detailed evidence from FDI in Ireland," Regional Science and Urban Economics, Elsevier, vol. 70(C), pages 174-189.
    14. Wolf, Ingo & Schröder, Tobias, 2019. "Connotative meanings of sustainable mobility: A segmentation approach using cultural sentiments," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 259-280.
    15. Ileana Palaco & Suk Kyoung Kim & Min Jae Park & Jae Jeung Rho, 2022. "Exploring capabilities of international technology transfer intermediaries between emerging and developed countries," The Journal of Technology Transfer, Springer, vol. 47(1), pages 307-352, February.
    16. Pickhardt, Michael & Prinz, Aloys, 2014. "Behavioral dynamics of tax evasion – A survey," Journal of Economic Psychology, Elsevier, vol. 40(C), pages 1-19.
    17. Martin Guzman & Joseph E Stiglitz, 2020. "Towards a dynamic disequilibrium theory with randomness," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(3), pages 621-674.
    18. Xiaohong Iris Quan & Mark Loon & Jihong Sanderson, 2018. "Innovation in the Local Context: A Case Study of BYD in China," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 15(02), pages 1-23, April.
    19. Stiglitz, J.E., 2016. "An agenda for sustainable and inclusive growth for emerging markets," Journal of Policy Modeling, Elsevier, vol. 38(4), pages 693-710.

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