Skip to main content

Where did it all go wrong for George Osborne?

Buy Article:

$24.47 plus tax (Refund Policy)

It is the Coalition government's policies that are causing economic stagnation, not the wider economic crisis. Under the previous Labour government, the British economy had been expanding moderately following the financial crisis, with recovery being led by public sector expansion which created the confidence for a subsequent private sector expansion. When the Coalition government took office, this policy was reversed, and private sector spending soon followed the downward curve of public sector spending. Far from government spending 'crowding out' the private sector, the opposite is in fact the case: increased government investment 'crowds in' private investment.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Data/Media
No Metrics


Document Type: Research Article

Publication date: 2011-11-24

More about this publication?
  • Soundings pioneers thoughtful, critical ideas on culture, society and politics. That's why leading left thinkers from Britain, Latin America, Asia, the United States and Europe debate their ideas in our pages.

    'Deeply thoughtful about the public life of politics and the intimacy of our private lives and how they interconnect. Soundings is one of the few places where you read ideas which can change your mind.' Madeleine Bunting
  • Editorial Board
  • Information for Authors
  • Subscribe to this Title
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more