Economics focus: Fiscal fundamentalists  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 396 no. 8695 (Aug. 2010), page 64.
Topik: Britain; Debt; George Osborne; Fiscal; Austerity; Stimulus

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.62 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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BY MOST people’s standards, George Osborne, Britain’s 39-year-old chancellor of the exchequer, is a fiscal hawk. In his first budget, announced in June, he promised to raise taxes and cut spending without flinching. As a result, Britain’s net public debt should peak at about 70% of GDP in March 2014. According to the Institute for Fiscal Studies, a think-tank, his spending proposals are even more mortifying than the hair shirt imposed on Britain in 1976 by the IMF.

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