You are reading a single comment by @ketsbaia and its replies. Click here to read the full conversation.
  • The point I was replying to was about speed of recovery (i.e. slope of line). UK grew faster than France from a deeper crash. Germany performed better in the immediate aftermath but growth slowed from 2012 (possibly due to the sovereign debt crisis) meaning both countries ended up in the same place.

    For me it's hard to conclude from that data that UK policy led to structurally lower growth (until Brexit of course).

  • For me it's hard to conclude from that data that UK policy led to structurally lower growth (until Brexit of course).

    I guess the question is whether our line would have been steeper had we not choked off public spending so dramatically. Apart from a doubtless Olympics-related spike in 2012, it's no more than a gentle 'big ring climb' until 2013.

About

Avatar for ketsbaia @ketsbaia started