National Institute Economic Review

Quarterly publication publishes research, commentary and forecasts on economic and social issues, includingeconomic modeling and analysis, productivity and competitiveness and education and training.

Articles from No. 150, November

Commentary
The UK economy Improvements in economic performance The continuing recovery of output growth in the UK economy this year has been associated with some unexpected developments which, taken together, may indicate changes in underlying behaviour. The...
Full Employment in a Market Economy
Introduction The occasion for this conference is the 50th anniversary of the white paper on Employment Policy, Cmnd. 6527, presented by the Minister of Reconstruction to Parliament in May 1944. It is a short paper, just 31 pages long, and much of that...
Japan and East Asia: Example, Challenge and Opportunity
As part of our world economy programme at the Institute we are seeking to improve our understanding of the place of Pacific Asia in world trade and capital markets. This year, for example, we are contributing a paper on Hang Kong and Europe to an international...
Peripherality and Northern Ireland
In writing recently about the economic problems that Northern Ireland faces (Begg and Mayes, 1994) we argued, uncontroversially, that an end to the 'Troubles' would significantly alter the region's prospects. Our analysis, nevertheless, focused on other...
Smoothing the Transition to Skilled Employment: School-Based Vocational Guidance in Britain and Continental Europe
(24) Students enter LBO schools at age 12. During their first two years at an LBO school, pupils follow an academic curriculum similar to that of the higher-level MAVO, along with four periods a week of 'general technology' (woodwork, metalwork, cookery...
The UK Economy
Section I. Recent Developments and Summary of the Forecast Price inflation in the UK economy has remained below the expectations of most commentators since sterling left the exchange-rate mechanism in September 1992. Latest estimates of inflation indicate...
The World Economy
expect that investment will be the fastest growing component of GDP with growth of around 7 1/2 per cent. This investment growth will be made up of an expansion of both business investment and construction. Business investment will rise by up to 8 per...