Milas, Costas (2013) The government’s policy in dealing with the rising debt burden in the current low growth environment is indeed justified. British Politics and Policy at LSE (12 Dec 2013). Website.
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Abstract
Looking at the relationship between the UK’s public debt levels and economic growth using data from 1831 to 2013, Costas Milas finds that public debt has been a drag on the UK economy in the last few years. This justifies the government’s decision to put in order its finances. Equally important, the time to resume interest rate hikes is when economic growth hits 3%.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/politicsandpolicy |
| Additional Information: | © 2013 The Author(s) CC BY-NC-ND 3.0 |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HC Economic History and Conditions J Political Science > JF Political institutions (General) J Political Science > JN Political institutions (Europe) > JN101 Great Britain |
| Date Deposited: | 11 May 2017 10:22 |
| Last Modified: | 13 Sep 2024 18:51 |
| URI: | http://eprints.lse.ac.uk/id/eprint/76532 |
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