United Kingdom : Staff Report for the 2012 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

July 19, 2012

Electronic Access:

Free Full Text (PDF file size is 2530 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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 authorities’ efforts aimed at economic rebalancing. However, they have cautioned that a stalling recovery, high unemployment, and uncertain external conditions continue to present significant challenges.

Series:

Country Report No. 12/190

Subject:

English

Publication Date:

July 19, 2012

ISBN/ISSN:

9781475506464/1934-7685

Stock No:

1GBREA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

107

Please address any questions about this title to publications@imf.org