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From ‘Plan B’ to ‘Plan V’: what the UK economy needs to reboot and rebalance growth

February 2011
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Tags: economy and society; john van reenen; austerity; budget 2011; cep; coalition; csr; cuts; economic growth; economic policy; gdp; growth; inflation; osborne; politics; power; public spending

With the threat of stagflation and interest rate rises, the current economic climate shows little sign of improvement in the near future. John Van Reenen finds that the government’s severe austerity programme, with its very pessimistic view of future UK growth is risking the recovery through premature scrapping of our economic capital. Policies such as the cap on skilled migrants […]