IMF Staff Country Reports

United Kingdom: Selected Issues

Publication Date:

March 5, 2004

Electronic Access:

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Summary:

This Selected Issues paper of the United Kingdom analyzes the official projections of public pension spending and risks, as well as the strategy to increase private pension provision. It provides a comparison of stylized facts regarding business cycle developments in the three economies, and an analysis of how these cyclical differences reflect the way monetary policy changes impact the three economies. It analyzes the policy on Economic and Monetary Union membership; and also the interest rate changes in the United Kingdom and the United States compared with that in the euro area.

Series:

Country Report No. 2004/055

Subject:

Aging Consumption Expenditure Housing prices Labor National accounts Pension spending Pensions Population and demographics Prices