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OECD Economic Surveys - United Kingdom Volume 2004 Issue 3 by Organisation for Economic Co-operation and Development Staff is a nonfiction available to read on EtoBox.

What is OECD Economic Surveys - United Kingdom Volume 2004 Issue 3 about?

Annotation. A special feature of this report (dated March 2004) is product market competition and economic performance. The UKs recent macroeconomic performance has been impressive but the main challenges are to contain instability in the housing market, to spend public money efficiently and to close the productivity gap. Monetary policy tightening should be pursued. The "golden rule" of fiscal policy (over the course of the economic cycle the UK government should not borrow to finance current expenditure) may come under strain in future. Public expenditure growth should be slowed on efficiency grounds and longer-term there is a strategic choice between higher taxes and user charges (such as tuition fees for undergraduates). Increased government investment in transport is welcome but road charging schemes may also be needed. Ensuring income adequacy for the retired will remain a challenge

Who reads OECD Economic Surveys - United Kingdom Volume 2004 Issue 3?

Author

Organisation for Economic Co-operation and Development Staff

Publisher

Organization for Economic Cooperation & Development, Bernan Associates [distributor

Published

2004

Language

EN

ISBN

9789264020221

Category

nonfiction