The trade deficit is growing – and the Transatlantic trade deal is unlikely to rectify this The Conservative Party’s general election manifesto could not have been clearer: ‘A sustainable recovery must be driven by growth in exports’. A preceding speech by George Osborne specified ‘net exports’, explaining that rising exports had to be matched by falling imports, as Britain once … Continue reading →
19 November 2013 by Craig Berry
Categories: British growth crisis, Craig Berry, Economics, Europe and the EU, SPERI Comment
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Tags: Craig Berry, current accont deficit, European Union, export-led growth, geoge osborne, growth, non-tariff barriers, rebalancing, recovery, trade, trade deficit, transatlantic trade and investment partnership, ttip, united states
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1 comment
Export-led growth and the failure of economic rebalancing
The trade deficit is growing – and the Transatlantic trade deal is unlikely to rectify this The Conservative Party’s general election manifesto could not have been clearer: ‘A sustainable recovery must be driven by growth in exports’. A preceding speech by George Osborne specified ‘net exports’, explaining that rising exports had to be matched by falling imports, as Britain once … Continue reading →
19 November 2013 by Craig Berry
Categories: British growth crisis, Craig Berry, Economics, Europe and the EU, SPERI Comment | Tags: Craig Berry, current accont deficit, European Union, export-led growth, geoge osborne, growth, non-tariff barriers, rebalancing, recovery, trade, trade deficit, transatlantic trade and investment partnership, ttip, united states | 1 comment