UK faced one of the longest recession in the history of the country from its establishment, subsequently struggling through it, the U.K. was anticipated to grow faster than any other G7 nation in 2014. Analysts wondered whether the return to increase was because, or despite, Prime Minister David Cameron's controversial GBP113 billion austerity strategy introduced in 2010.
Regardless of the positive upturn in the economy, U.K. policymakers persistently facedchallenges with fast growing income inequality, an economy dominated by the financial sector, a possible housing bubble, and an approaching referendum on Scotland's independence. Moreover, many claimed the U.K. was at risk of secular stagnation, a slowdown in economic growth caused by a structural deficiency in demand. What could the government do to put the nation on a sustained and balanced growth trajectory?
The United Kingdom and the Means to Prosperity Case Study Solution
PUBLICATION DATE: September 16, 2014 PRODUCT #: 715008-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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