Valero, Anna and Van Reenen, John 
ORCID: 0000-0001-9153-2907
(2011)
Slow growth does not have to be our ‘new normal’. Government needs to change the way it looks at the growth problem in the long term.
British Politics and Policy at LSE
(02 Aug 2011).
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Abstract
Today the IMF cast doubt on the Chancellor’s deficit reduction programme and new figures suggested that manufacturing activity had all but ground to a half. The news from the Office of National Statistics (ONS) last week that the UK economy grew by only 0.2% in the second quarter of 2011 – down from 0.5% in the first quarter – also made for grim reading. Anna Valero and John Van Reenen argue that the government should reverse some of the spending cuts, change immigration policy, and invest in public infrastructure in order to rebalance the economy and restore growth.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/politicsandpolicy/ |
| Additional Information: | © 2011 the author |
| Divisions: | Economics Centre for Economic Performance |
| 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 > H2 - Taxation, Subsidies, and Revenue > H20 - General H - Public Economics > H6 - National Budget, Deficit, and Debt > H63 - Debt; Debt Management |
| Date Deposited: | 23 Aug 2011 15:35 |
| Last Modified: | 12 Dec 2024 07:13 |
| URI: | http://eprints.lse.ac.uk/id/eprint/38007 |
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