Detail Open the Taps, Loosen the Vice; Tackling the Slump   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8753 (Oct. 2011), page 55-56. Topik: Global Economy; Monetary Policy; International Relations-UK Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The outlook for the world economy looks as grim as at any time since the autumn of 2008. Barack Obama says the euro-zone crisis is "scaring the world". Businesses in Britain, which rely heavily on sales to continental Europe, are suffering. One of the biggest, BAE Systems, is laying off 3,000 workers in its home market because of cuts in defence spending across Europe and America. The British economy has barely grown in the past year and is losing the little momentum it had. The number of people claiming jobless benefits is rising uncomfortably fast. Can Britain's policymakers do anything to lift the gloom? A saving grace is that the bond investors who are scurrying away from the shaky parts of the euro zone seem convinced that Britain is taking the right action to shore up its public finances. The yield on ten-year government bonds has dropped to 2.5%, closer to the comparable rate in thrifty Germany than most euro-zone countries, including France. The government's austerity drive has left the task of reviving the economy to the Bank of England's monetary-policy committee (MPC), which is poised to start a fresh round of quantitative easing. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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