United Kingdom; Staff Report for the 2012 Article IV Consultation

This 2012 Article IV Consultation reports that the United Kingdom's economic recovery has been sluggish, as the needed hand-off from public to private demand-led growth has not fully materialized. Economic activity is projected to gain modest momentum in future, but the pace of expansion is expected to be weak relative to the scale of underutilized resources. Executive Directors have welcomed the authoritiesâ€™ efforts aimed at economic rebalancing. However, they have cautioned that a stalling recovery, high unemployment, and uncertain external conditions continue to present significant challenges.

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Year of publication:	2012-07-19
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Bank supervision \| Economic indicators \| Financial sector \| Spillovers \| Staff Reports \| Unemployment \| fiscal consolidation \| fiscal balance \| fiscal adjustment \| structural fiscal \| fiscal tightening \| fiscal plans \| fiscal stimulus \| tax rates \| fiscal policy \| tax revenue \| fiscal position \| primary deficit \| structural adjustment \| public finances \| fiscal space \| fiscal multipliers \| fiscal stance \| tax reform \| fiscal scenario \| tax revenues \| fiscal scenarios \| public finance \| fiscal balances \| public debt \| spending cuts \| fiscal deficit \| fiscal debt \| fiscal framework \| tax cuts \| fiscal assumptions \| aggregate fiscal \| revenue collection \| loose fiscal policy \| fiscal strategy \| level of indebtedness \| reducing fiscal risks \| fiscal imbalances \| government spending \| taxation \| fiscal indicators \| government deficit \| fiscal risk \| government expenditure \| interest expenditure \| fiscal decisions \| fiscal action \| budgetary position \| fiscal deficits \| fiscal risks

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 12/190 10 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243710