Author: Edward A. Carmichael
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
Book Description
From the Executive Summary: This study has two purposes. First, it provides up-to-date estimates and projections to 1983 of potential GNP, the level of gross national product which could be produced if labour and capital resources were utilized at high employment rates, based on a reassessment of the methods of estimating the GNP. Second, the study provides an assessment of the economy's recent growth performance and of its medium-term prospects for growth. The implications of this assessment for current and medium-term macroeconomic policy are discussed.