Why fiscal rules matter: growth - The Dismal Science
James Zuccollo • Jan 15, 2015 •
Last week I discussed the importance of good fiscal rules for sustainability, but the recent mess in the UK has demonstrated how poor rules can inhibit growth. When the Government took office in 2010 it faced a startlingly high deficit. It promised to eliminate that within five years, which happens to be the length of […] … Read More