This volume presents the results of a conference held in March 1987 at the University of Southampton on the topic ‘The Competitiveness of the UK Economy’. This research is part of a larger project, ‘Microeconomic flexibility and Macroeconomic Stability’, conceived by one of the editors, Sven Arndt, and involving economists not only from the UK but also the USA, Germany, Japan and Austria. The results from the latter groups will appear in a separate volume. Financial assistance for the projects has been provided by the Ford Foundation.
KeywordsCurrent Account Real Exchange Rate Real Wage Relative Price Trade Balance
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