Returning to Growth in the UK
October 25, 2012 at 08:38 AM EDT
A return to growth is urgently needed in the UK. Recovery from severe recessions was achieved in the 1930s and the 1980s in the presence of fiscal consolidation. This column examines the lessons from those experiences for today’s policymakers. Returning to growth after the crisis is proving elusive for the UK economy. Compared with the [...]