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《Economic Outlook》1994,18(5):2-5
Our assessment of the outlook for the UK economy over the next two years has become slightly more cautious in the wake of the additional fiscal tightening announced in the November Budget. Although we had anticipated tax and public spending measures of the right magnitude in 1994/95, the Budget was more severe in 1995/96 and beyond than we had expected. We have scaled back our estimates of growth for 1995 and 1996 accordingly. On a more positive note, we expect the outlook for inflation to be better than we indicated last October. The mid-1990s are' likely to see a period of sustained low inflation which has not been seen since the 1960s. The government's target measure - RPI excluding mortgage interest - is not expected to test the 4 per cent target ceiling though it is stuck in the 3-3.5 per cent range for most of the forecast period. Despite expecting slower growth, we are now more optimistic about unemployment, which we expect to fall below 2.4 million in 1997. We now believe that increased labour market flexibility should allow the economy to grow on a lower real wage and productivity growth path, at least while unemployment remains so high. However, whether this improved performance would allow the UK to sustain an unemployment of below 2 million without a serious resurgence of inflation is still open to question. 相似文献
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20 0 3年 7月 31日— 8月 2日 ,全国城市科学研究会第 1 6次秘书长工作会议在合肥市召开。中国城科会及其 6个分支机构的秘书长 (副秘书长 )、与来自 2 0个省 (区、直辖市 )城科会、重庆大学城科会的秘书长共 90多人参加了会议。这次会议的主要内容是 :根据我国城市发展的实际 ,研讨如何大力推进城市科学研究 ,交流工作经验和研究成果 ,迎接中国城市科学研究会成立 2 0周年和第 5届会员代表大会的召开。中国城科会秘书长顾文选作了题为“大力推进城市科学研究 ,迎接中国城科会第五届会员代表大会和城科会成立 2 0周年”的工作报告。报告回顾… 相似文献
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