Are we heading for a perfect economic storm?
Concerns have been growing that the UK faces a downturn in economic growth during 2008. The articles below consider this possibility. With a credit crunch taking place and manufacturing output falling, the concerns for a recession may well not prove unfounded.
Is this the big one? Guardian (3/1/08)
Your survival plan if a recession strikes Times Online (5/1/08)
Top of the flops – 10 pointers to a downturn in 2008 Guardian (6/1/08)
Recession fears as manufacturing drops Times Online (11/1/08)
Crash that ‘won’t happen here’ looms large Guardian (3/12/07)
Questions
| 1. | What are the key indicators of an impending recession? |
| 2. | Assess the likelihood of a recession in the UK in 2008. |
| 3. | What policies could the UK government adopt to avoid a recession during 2008. What would determine the success of such policies? |