Could state capitalism save the day?

15 Mar 12
Malcolm Prowle

More austerity will not lead to growth in the UK. We should learn from successful economies across the world, where government involvement in the private sector is accepted and has helped provide stability and boost business

Dealing with financial and economic austerity has been the priority in public policy for some time but there are now signs that the focus is changing.  It is becoming increasingly realised that for many countries, of which Greece is the prime example, all the austerity in the world is not going to solve the issues of public budget deficits, astronomical borrowing requirements and negative economic growth.

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