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Moody Blues for the Chancellor

Van Reenen, John (2013) Moody Blues for the Chancellor. British Politics and Policy at LSE (25 Feb 2013). Website.

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Abstract

John Van Reenen examines the economic and political implications of Moody’s stripping the UK of its AAA credit rating last Friday. While the move may have little direct economic significance, it is nonetheless totemic, reflecting deeper structural problems in the UK economy. It is also politically damaging for a Chancellor who staked his reputation on preserving the AAA rating. Much now hinges on the decisions made in next month’s budget, both for the UK’s economic vitality and for George Osborne’s own political future.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy
Additional Information: © 2014 The Author(s) CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HJ Public Finance
J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 03 May 2017 12:40
Last Modified: 06 Aug 2020 23:14
URI: http://eprints.lse.ac.uk/id/eprint/75210

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