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A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
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The UK economy is still on track for a quick or so-called V-shaped recovery, according to Bank of England economist Andy Haldane. According to Andy either consumer spending would ease unemployment or unemployment would cut household spending. Both could create virtuous or vicious cycles.
The UK economy is still on track for a quick or so-called V-shaped recovery, according to Bank of England economist Andy Haldane. According to Andy either consumer spending would ease unemployment or unemployment would cut household spending. Both could create virtuous or vicious cycles.
The worst has passed. There were job losses but now slowly lockdown has been lifted and all industries will get back to their normal pace. Economy will recover as there will be an equilibrium formed between household spending and earning.
The worst has passed. There were job losses but now slowly lockdown has been lifted and all industries will get back to their normal pace. Economy will recover as there will be an equilibrium formed between household spending and earning.
Although there is a no clear picture on how the bounce back would look like but Gita Gopinath, Chief Economist of IMF has a contrary opinion and she fears that initially we would see a spike in the recovery but it would be quickly flattened out and has warned the MPs.
Although there is a no clear picture on how the bounce back would look like but Gita Gopinath, Chief Economist of IMF has a contrary opinion and she fears that initially we would see a spike in the recovery but it would be quickly flattened out and has warned the MPs.
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