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George Osborne’s proposed ‘credit easing’ measures must incentivise banks to increase their lending to small businesses: they are vital to the recovery of employment and the wider economy

Goodhart, Charles and Ashworth, Jonathan (2011) George Osborne’s proposed ‘credit easing’ measures must incentivise banks to increase their lending to small businesses: they are vital to the recovery of employment and the wider economy. British Politics and Policy at LSE (11 Nov 2011) Blog Entry.

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Abstract

Chancellor George Osborne is set to announce “credit easing” measures in his Autumn Statement, aimed at getting banks to lend on more affordable terms and in greater volume to under-served segments of the economy. Charles Goodhart OBE FBA and Morgan Stanley’s Jonathan Ashworth believe ‘quasi-fiscal’ policies could provide a larger and more sustained boost to the economy, particularly when focused on small and medium-sized enterprises, historically a key driver of job creation.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 The Author
Library of Congress subject classification: H Social Sciences > HG Finance
Sets: Collections > British Politics and Policy at LSE
Research centres and groups > Financial Markets Group (FMG)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 14 Nov 2011 16:50
URL: http://eprints.lse.ac.uk/39564/

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