THE UK ECONOMY: ANALYSIS AND PROSPECTS

In this section of the review, Oxford Economic Forecasting providesan analysis of the current economic climate in the UK and abroadas well as setting out the main features of its latest forecast.In Section II the UK forecast up to 1988 is described. In SectionIII, following the theme of this issue, we analyse the effectsof changes in trend productivity growth on the UK economy.     

THE WORLD ECONOMY: ANALYSIS AND PROSPECTS

In this chapter of the review, Oxford Economic Forecasting providesan analysis of the current world economic climate and sets outthe main features of its latest forecast. Section I gives asummary of world prospects. The UK forecast is covered in moredetail in Section II. Part III examines an issue of some importancefor the world economy: the effects of lower oil prices.     

AN ECONOMETRIC ANALYSIS OF THE INDONESIAN ECONOMY*

This paper is an econometric study of the Indonesian economy. Our intention is to evaluate the interactions within the Indonesian economy, to forecast the selected economic variables under given assumptions, and to measure the effects of various policies. This is to be achieved through an cconometric analysis which uses the available statistics and which provides an analytical framework for the present national income statistics.     

ECONOMIC IMPACT ANALYSIS OF PORT DEVELOPMENT ON THE SOUTH AFRICAN ECONOMY

Ports have been regarded as economic infrastructure and catalysts for the economies they serve, and it is evident that the associated development would generate economic benefits. In this paper, the economy‐wide impacts of port development in South Africa are examined via a computable general equilibrium analysis. Central to the analysis is to make quantitative contributions to the understanding of the impacts of port investment and changes in freight costs on the national economy. The results support the economic significance of port development, as a means of promoting growth, trade and employment, in South Africa.