Focus: Supply‐Side Improvements in UK Exporting of Manufactures
- 1 October 1989
- journal article
- Published by Wiley in Economic Outlook
- Vol. 14 (1) , 35-37
- https://doi.org/10.1111/j.1468-0319.1989.tb00826.x
Abstract
The present difficulties with the UK current account deficit have breathed new life into longstanding doubts in some quarters about the fundamental state of UK manufacturing, despite the supply side reforms of the last ten years and the large increases in labour productivity. The deterioration in trade in manufactured goods from a small surplus of £2bn in 1982 to a deficit of £21bn in 1988, is taken to be the most stark illustration of this deep structural malaise.Keywords
This publication has 1 reference indexed in Scilit:
- The Consequences of Mrs Thatcher for U.K. Manufacturing ExportsThe Economic Journal, 1989