United Kingdom : Selected Issues

1GBREA2006002 Image
Price:  $15.00

Release Date: © March, 2006
ISBN : 978-1-45181-430-9
Stock #: 1GBREA2006002
English
Stock Status: On back-order

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Description

This Selected Issues paper on the United Kingdom reviews the IMF's Global Economy Model, which incorporates energy to examine the impact of rising energy prices on the United Kingdom. The model incorporates energy as a final consumption good as well as a primary input in the production process. With energy entering the production process, increases in energy costs affect overall aggregate supply capacity as firms reduce output and factor-utilization rates given the real increase in their cost structures.

Taxonomy

Consumption , Debt , Economic development , Economic policy , Economic sectors , Energy sector , Fiscal policy , Population , Social policy




More publications in this series: IMF Staff Country Reports