This Case is about POLICY, RECESSION
PUBLICATION DATE: September 16, 2014 PRODUCT #: 715008-HCB-ENG
After fighting through the nation’s longest downturn since 2008, the U.K. was expected to grow quicker than every other G7 country in 2014.
Analysts wondered whether the return to increase was because, or despite Prime Minister David Cameron’s contentious GBP113 billion austerity strategy in spite of, introduced in 2010. Even at the time of experiencing favorable upturn in the market, U.K. policymakers still confronted challenges with fast growing income inequality, an economy dominated by the monetary sector, a potential housing bubble, and an approaching referendum on Scotland’s autonomy.The United Kingdom and the Means to Prosperity Case Solution
Also, many asserted the U.K. was at risk of secular stagnation, a slowdown in economic growth caused by a structural lack in demand. What could the government do to set the nation on a sustained and balanced growth trajectory?