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 The economy will experience its biggest decline in 60 years in 2009.  Consumer spending will fall this year by 3.8 per cent as household saving recovers.  Net trade will cushion the economy from an even more severe setback in 2009 and drive the subsequent recovery in 2010.  Public...
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Summarised from the National Institute Economic Review, No. 197, July 2006. To order a the full version of this article or a subscription, please contact Sage Publications by telephone: +44 (0) 20 7324 8701, email: mailto:subscriptions@sagepub.co.uk or online at http://ner.sagepub.com. ¥ GDP...
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