Showing posts with label economic growth. Show all posts
Showing posts with label economic growth. Show all posts

Friday, 30 April 2010

H M Treasury economic forecasts for 2010, 2011



http://www.hm-treasury.gov.uk/d/201004forcomp.pdf

Think tank suggests 6% rise in income tax needed

Taxes must rise sharply over the next decade to bring down borrowing, according to the National Institute of Economic and Social Research (Niesr).
In a report, the think tank said taxes would have to rise by the equivalent of 6p on the basic income tax rate to get the budget deficit below 3% by 2020.

http://news.bbc.co.uk/1/hi/business/10092145.stm

Friday, 22 May 2009

Infrastructure's value to economic growth



This article considers the role that investment in infrastructure can have in sustaining and promoting economic growth. It is a good example of how government spending (fiscal policy) can affect both aggregate demand and long run aggregate supply. And it raises important questions about how such projects are funded.

http://news.bbc.co.uk/1/hi/business/7935778.stm

Monday, 27 April 2009

How to grow your economy


Tutor2u notes on Economic growth theories. Over the years, economists from different schools of thought have had plenty to say on what really drives economic growth for an economy. In these notes some of the ideas are reviewed. In particular we consider the importance of supply-side factors in determining the trend rate of growth for countries competing in the global economy.

http://tutor2u.net/economics/revision-notes/a2-macro-theories-of-economic-growth.html