United Kingdom: 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Kingdom

March 3, 2006

Preview Citation

Format: Chicago

United Kingdom: 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Kingdom, (USA: International Monetary Fund, 2006) accessed November 28, 2024

Summary

The United Kingdom’s 2005 Article IV Consultation reports that macroeconomic performance has been strong and steady, owing in part to confidence-enhancing policy frameworks and generally sound implementation. The financial system is generally healthy, although a substantial increase in the pricing of risk would pose risks. The banking system is well-capitalized and highly profitable. The health of the insurance sector has improved substantially. Credit risk transfer instruments are helping to diversify credit risk, but their rapid growth may also be creating new risks.

Subject: Energy pricing, Expenditure, Fiscal policy, Housing prices, Inflation, Prices, Revenue administration

Keywords: Assessment of the output gap, Authority, CR, Energy pricing, Global, Housing prices, Inflation, ISCR, Labor market, Monetary policy, Output gap, UK system, UK well

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/086
Stock No:

1GBREA2006001
ISBN:

9781451814293
ISSN:

1934-7685

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