Macroeconomic Imbalance Procedure The Macroeconomic Imbalance Procedure (MIP) is a surveillance mechanism that aims to identify potential risks early on, prevent the emergence of harmful macroeconomic imbalances and correct the imbalances that are already in place. The annual starting point of the MIP is the Alert Mechanism Report: Based on a scoreboard of indicators and economic judgment, it is a filter to identify countries and issues for which a closer analysis (in-depth review) is deemed necessary. The outcome of these in-depth reviews forms the basis for further steps under the MIP. An in-depth review for United Kingdom has been carried out in 2012, 2013, 2014 and 2016. Please find full documents below: Country reports including in-depth reviews - 2016 Country report including in-depth review – United Kingdom 2015 In-depth review – United Kingdom 2014 In-depth review – United Kingdom 2013 In-depth review – United Kingdom 2012
