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OBR growth forecasts and political debate on austerity


How have OBR growth forecasts shaped UK party-political debates about austerity?

Growth forecasts crucially mediate the politics of austerity through their implications for the tax take, and in assumptions they make about effects of government policy (and shocks like the GFC or Brexit) on actual and potential growth.

Tue 19 Mar 2019, 17:16 | Tags: political debate, austerity, UK economic growth, OBR