European Parliament Library

United Kingdom :, 2013 Article IV Consultation

Abstract
This staff report on United Kingdom’s (UK) 2013 Article IV Consultation highlights economic policies and development. The UK economy grew by about ¼ percent in 2012. Net trade reduced growth by 0.6 percentage points of GDP, the biggest drag since 2005, and well above staff projections. Domestic fixed capital investment was essentially flat, leaving household spending the main source of private demand, but still substantially below long-run potential growth. In terms of production, construction has been particularly affected by the financial crisis, and the mining sector has been experiencing a secular decline, accelerated in part by temporary shutdowns in North Sea oil extraction
Table Of Contents
Cover; CONTENTS; THE FOCUS OF THE CONSULTATION; THE RECOVERY REMAINS WEAK; FIGURES; 1. Real Sector Developments; 2. Labor Market Developments; OUTLOOK AND RISKS; 3. External Sector Developments; 4. Price Developments; POLICY IMPLICATIONS; BOXES; 1. Risk Assessment Matrix; MONETARY AND CREDIT EASING POLICIES; 2. Forward Guidance; FINANCIAL SECTOR POLICIES; 3. Financial Soundness Indicators for Major UK Banks; 5. Selected Indicators for Major UK Banks; 6. Comparison of Health of UK, EU and US Banks; FISCAL POLICY; 7. Progress and Challenges in Fiscal Consolidation, 2009/10-2018/19
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (145 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781475547924

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