CEP News: Public Finance: Recession risk heightened by spending cuts, says economists

Public Finance:
Recession risk heightened by spending cuts, says economists

12 August 2010

John Van Reenen, director of Centre for Economic Performance at the London School of Economics, told Public Finance the government should reconsider its fiscal policy in the light of the new figures. ‘The planned spending cuts are draconian, so would play a part in the revision,’ he said. ‘When you think about the fragility of the economy, there’s a serious risk of going into a double-dip recession, and those risks seem to have increased.’

This article appeared in Public Finance magazine on August 12, 2010
Link to article

Related Links
John Van Reenen webpage
Productivity and Innovation Programme webpage
John Van Reenen publications webpage

Public Finance:Recession risk heightened by spending cuts, says economists

Public Finance:
Recession risk heightened by spending cuts, says economists