LSE's British Politics and Policy blog:
The Chancellor's 2014 Autumn Statement: Missed targets and missed opportunities
3 December 2014
George Osborne's Autumn Statement was a reminder of the government's missed targets and missed opportunities, writes John Van Reenen. The Chancellor's promise to eliminate the structural deficit has failed spectacularly and the UK economy is barely above its pre-crisis level, a major cause of which was the the decision to launch a premature austerity programme in 2010. Crucially, Osborne's plans fall short in addressing Britain's chronic problem of low productivity.
This blog was published by the LSE's British Politics and Policy blog on December 3, 2014
Link to article here
Related links
John Van Reenen webpage
Productivity and Innovation Programme webpage