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C/E/700. British economy and Government policy during recession

WORDS:
2000
DATE:
2011
PRICE:
29.99 GBP

The paper looks at the British economy during the recession analysing statistical data on economic growth, unemployment, trade, balance of payments and inflation over 2008-2010. British expansionary fiscal and monetary policy is evaluated including VAT cut, greater welfare payments, fiscal consolidation of October 2010, low levels of interest rates, etc. The effectiveness of supply-side policies is discussed, i.e. investment in technology and active labour market policies.

 

KEYWORDS: British economy, fiscal policy, monetary policy, recession,

 
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