Published on Jul 20, 2012
The euro area is under immense strain and the UK economy is feeling the effect. The future is uncertain, but it seems clear that the negative effects on the UK of a disorderly (or even orderly) breakup are potentially huge. With this in mind, the government needs to be ready to take emergency measures to support the economy.
This event will ask whether such measures are likely to be needed and, if they are, what should they look like:
Should the Government abandon its fiscal austerity plans?
If so, where should this fiscal policy be focussed? Should taxes fall, or spending rise and, in each case, which particular policies might be most effective?
Should the Bank of England just print unlimited amounts of money?
Should gold plating of banks' capital ratios be dropped?
What other radical options might be considered?
CHAIR | David Wighton | Chief Business Commentator | The Times
James Barty | Senior Consultant - Financial Policy | Policy Exchange
George Buckley | Chief UK Economist | Deutsche Bank
Ian Mulheirn | Director | Social Market Foundation
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