European Parliament Library

United Kingdom :, 2006 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for United Kingdom

This 2006 Article IV Consultation highlights that macroeconomic performance in the United Kingdom remains impressive. After softer growth in 2005, the acceleration in GDP in 2006 was broadly based. Business investment was boosted by high net rates of return; private consumption by robust employment growth, steady wage growth, and rising household wealth; and exports by the recovery in the euro area. Most indicators suggest little economic slack as of end-2006. The financial sector continues to thrive, and linkages with financial systems in other countries continue to grow
Table Of Contents
Cover; Contents; I. Introduction; Boxes; 1. Surveillance and Policies; II. 2006-Balanced Recovery Pushing Close to Capacity Constraints; Figures; 1. Economic Growth; 2. Globalization, Efficiency Gains, and Inflation; III. Strong and Steady Outlook; 3. The Macroeconomic Impact of Immigration; IV. Challenges in Anchoring Inflation Expectations; 4. Globalization and Monetary Policymaking; V. Protecting Counter-Cyclicality in Fiscal Policy; VI. Financial Stability: Risk of Global Shocks; 5. Linkages between Major International Banks; VII. Convergence of the Authorities' and Staff Views is High
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (50 p.)
Specific Material Designation
Form Of Item

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