UK Current Account Deficit Hits Six-Year HighBritain posted its biggest current account deficit in six yearsin 2005, according to official...
A. fourth B. second C. first D. third 相关知识点: 试题来源: 解析 [正确答案] D [答案解析] 答案选D。In 2007, the UK had the world’s third largest current account deficit.参见教材P142。 本题知识点:Development of the British Economy Since WWⅡ,反馈 收藏 ...
Thurrock’s demise has been among the most dramatic in a spate of six council bankruptcies since 2021, with the authority forecasting a deficit of £470mn in 2022-23 with a budget less than a third of the size. Like other councils encouraged during the decade following the 2008 financial ...
I was intrigued and wanted to see if the UK data supported this claim. So I created the figure below using the IMF’s IFS database. It shows the natural log of UK nominal GDP data for the 1990:
A new 52-item frailty index was developed using the ELSA data which covered all major deficit categories included in previous frailty indices in literature [5, 46, 50,51,52,53] (see Section B3.4 in Additional file 2: Appendix B). The index captured the continuous and dynamic nature of ...
Just like the USA with the dollar, since the UK runs a significant current account deficit http://www.statistics.gov.uk/cci/nugget.asp?ID=194 the UK needs the pound to be strong to reduce the costs of imports and costs of borrowing from Johnny Foreigner. In particular it needs to be...
UK public finances 1999–2009 Year 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 Growth/ contraction in GDP (1) % –5.25 Government surplus/deficit as % of GDP (2) % –12.8 0.55 –5.5 2.53 –2.7 2.85 –2.7 2.15 –3.3 2.98 –3.7 2.80 –3.7 2.13 –2.0 2.45 0.6 3.90 3.7 ...
The need for inflation in the economy is arguably more important now than ever, due to the escalating nature of UK government debts. Our budget deficit of £120bn a year is adding very quickly to our total public debt. Indeed if you look at our projected debts for the next few years ...
I agree on principle not to bet against America markets. The economic wealth and military power of the country ensure they remain dominant. The US can probably deficit spend for a long period of time and maintain that position. Bobber
The Consolidated Fund is the Government’s bank account at the Bank of England. (I assume they get breakdown insurance with that.) This being the UK rather than the US, our system tends to work based on convention and because it always has, rather than because there’s a solemn guarantee...