The quest for growth and stability amid European turmoil
Many features of the UK economy remain puzzling to economists and investors. How big is the output gap, and what are its longer-term implications for the economy? When will recovery gather pace? Why is productivity weak? Is inflation or deflation a bigger threat? Is lack of demand for credit a bigger threat than shortage of supply? How much is there left in the QE armoury? And does any of this matter if there is no resolution to the eurozone’s dilemma?
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: