StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Workability of the British Governments Planning - Article Example

Cite this document
Summary
The paper "Workability of the British Governments Planning" highlights that the facts from the treasury and the Institute for Fiscal Studies continue to disapprove the workability of the coalition government’s plan by giving evidence that the borrowing level might increase…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Workability of the British Governments Planning
Read Text Preview

Extract of sample "Workability of the British Governments Planning"

Although the rates are low, the plan is continued to be criticized for its failure to maintain or raise the GDP and worsen the fiscal outcomes.
The plan was only seen to raise the economic level at its initial stages of launch when the GDP increased by 8.3% in 2013-14 as compared to2010-11. It seems that the Prime Minister is trying to force this plan which is not according to the opinions of the fiscal policymakers however much harm it might be causing to the economic development. The government should apply fiscal policy to come out of the economic problems it’s currently facing and the efforts to correct the situation without consideration of the fiscal policy will lead to the argument that discretionary fiscal policy is unnecessary.

The fiscal policy is supposed to be sustainable and cyclic with adjustments to balance the economic situations.
Like it had been experienced, criticism like those from Keynesians had brought back the economy to its recovery in 1980 when the retail price inflation was seen to peak at 21.9%. This was reduced by the action of the bank which peaked its rate at 17%. By so doing, the rate of borrowing was raised hence only a few people could afford to borrow funds. This reduces the money supply in the market which further raises the value of money thus reducing the inflation level.

The prime minister should not expect monetary policy to achieve much since the debt of the country only changed from over-indebted banks to over-indebted household borrowing. What the government should do is to use direct monetary financing of even larger fiscal deficits as this is seen to be more effective and less damaging than using looser monetary policy. The prime minister, however, does not want to use the monetary and fiscal policy to change the economy and this has made the UK economy six times weaker than it was in the 1980s and 1990s. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Article Review Example | Topics and Well Written Essays - 250 words - 8”, n.d.)
Article Review Example | Topics and Well Written Essays - 250 words - 8. Retrieved from https://studentshare.org/finance-accounting/1620873-article-review
(Article Review Example | Topics and Well Written Essays - 250 Words - 8)
Article Review Example | Topics and Well Written Essays - 250 Words - 8. https://studentshare.org/finance-accounting/1620873-article-review.
“Article Review Example | Topics and Well Written Essays - 250 Words - 8”, n.d. https://studentshare.org/finance-accounting/1620873-article-review.
  • Cited: 0 times

CHECK THESE SAMPLES OF Workability of the British Governments Planning

NHS Computer System

Project management is further explained in five processes including initiation, planning, execution, controlling and closure.... Frame (2003) explains the importance of readiness by the project team to deal with changes and that it is risky to ignore a project's environmental impacts and adequate information in the planning stage....
15 Pages (3750 words) Research Paper

The Impact of Racial Discrimination on Employees and Employers during the Recruitment Process

Throughout the past decades, the british labour force has experienced a dramatic rise in immigrant population and the integration of this non-native workforce with indigenous white population has been characterized by numerous problems-the most significant of which is racial discrimination in terms of recruitment and selection.... This is the rationale why the present study, "Racial discrimination in recruitment and selection in the UK," is being proposed-to provide a current assessment on ramifications of race-related bias in the british workplace. ...
11 Pages (2750 words) Essay

Food chain security

isk management remains a major concern for governments and food processors in protecting their consumers against harmful food products.... Food control systems and safety management practices are also crucial as facilitators for food processors to assuring quality and safety for food products....
11 Pages (2750 words) Essay

The National Health Service - Requirement for Cost-Control, Efficiency, and Equality

This paper 'The National Health Service - Requirement for Cost-Control, Efficiency, and Equality" focuses on the fact that medical care is a basic human need; a healthful community is a basic social need.... The present system gives medical care to less than half the population.... .... ... ... Health needs cannot be defined solely in terms of medical conditions: they are conditioned by social circumstances....
11 Pages (2750 words) Case Study

Operations Management - British Airports Authority

Finally, this study shall conclude by an overall comparison of the proposed actions that can be taken in comparison to those that were taken by the british Airports Authority and British Airways.... The paper 'Operations Management - british Airports Authority " is a great example of a management case study.... The paper 'Operations Management - british Airports Authority " is a great example of a management case study.... In this consultant's report, the center of concern shall be on the study of british Airways and british Airports Authority in relation to the presented case study about Heathrow Terminal 5, and the possible means by which the terminal could have benefitted the corporations....
22 Pages (5500 words) Case Study

Cycling and Its Benefits Both for Environment and Health

Information from this article is valuable when planning cities to include schools in well-connected areas.... his article is a crucial source because it offers more knowledge about the policy implications of adopting cycling as part of sustainable city planning.... There are varying interests in the use of cars for transport ranging from huge business owners to governments....
5 Pages (1250 words) Annotated Bibliography

Automating the British Library

This paper gives a clear guideline towards the automation of the british Library.... The paper "Automating the british Library" is a wonderful example of a case study on management.... The paper "Automating the british Library" is a wonderful example of a case study on management.... The paper "Automating the british Library" is a wonderful example of a case study on management....
15 Pages (3750 words) Case Study

Sheet Metal Processing

The paper "Sheet Metal Processing" tells that processes involve cutting operations, bending operations, and drawing.... Cutting operations involve shearing to separate large sheets and blanking to cut out of sheet metal part perimeters.... It also involves punching to create holes in the sheet metal....
33 Pages (8250 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us