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- Title
PROSPECTS FOR THE UK ECONOMY.
- Authors
Kirby, Simon; Barrell, Ray; Pillonca, Vladimir
- Abstract
The article discusses the impact of recession on the economy in Great Britain. It notes on the potential economic contraction by 1.9 percent based on the preliminary estimate of gross domestic product (GPD). It mentions the similarity of the recession started in 2008 and the depression in 1929. The article also offers an overview on the economic contraction of the nation in 2009 and the economic recovery in 2010. In addition, it presents various charts which detail the economic activity of the nation including the periods of depression, recession profiles, and real GPD growth per quarter.
- Subjects
UNITED Kingdom; ECONOMIC forecasting; ECONOMIC indicators; FINANCIAL crises; GROSS domestic product; ECONOMIC structure; GRAPHIC methods; ECONOMIC development; INTERNATIONAL cooperation
- Publication
National Institute Economic Review, 2009, Vol 208, p44
- ISSN
0027-9501
- Publication type
Article
- DOI
10.1177/0027950109338649