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If the economic outlook continues to worsen, George Osborne will have to relax the pace of deficit reduction and take measures to increase demand in the economy

Dolphin, Tony (2011) If the economic outlook continues to worsen, George Osborne will have to relax the pace of deficit reduction and take measures to increase demand in the economy. British Politics and Policy at LSE (30 Nov 2011). Website.

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Abstract

Yesterday saw the Chancellor’s autumn statement. Tony Dolphin argues that the measures announced in this ‘mini-budget’ are not a real plan for growth. If increased demand is not generated – and only the government is in a position to do this – then unemployment and public sector borrowing will continue to rise in excess of previous predictions.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 The authors
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JA Political science (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
JEL classification: H - Public Economics > H6 - National Budget, Deficit, and Debt > H61 - Budget; Budget Systems
Date Deposited: 06 Dec 2011 12:19
Last Modified: 11 Dec 2024 12:39
URI: http://eprints.lse.ac.uk/id/eprint/39915

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