United Kingdom: Selected Issues

August 2, 2001

Summary

This Selected Issues paper analyzes the specialty about the cyclical expansion in the United Kingdom. The paper reviews the labor market data, wage inequality, and implications for inequality. The study examines the contributions of information and communications technologies investment to output and labor productivity growth in the United Kingdom. The paper provides a qualitative assessment of the impact of the appreciation of sterling on U.K. foreign trade, and its effects on competitiveness, and the sectoral composition of production.

Subject: Information technology in revenue administration, Labor, Labor productivity, Production, Productivity, Revenue administration, Total factor productivity, Wages

Keywords: appreciation, CR, exchange rate, Global, ICT sector, Information technology in revenue administration, ISCR, Labor productivity, Productivity, productivity growth, sterling, Total factor productivity, U.K. economy, U.K. firm, wage, wage inequality, Wages

Pages:
89
Volume:
2001
DOI:
https://doi.org/10.5089/9781451981445.002
Issue:
124
Series:
Country Report No. 2001/124
Stock No:
ISCREA01124
ISBN:
9781451981445
ISSN:
1934-7685

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