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Why a return to the roaring twenties is unlikely for the UK economy

Graham Watson

17th July 2022

Larry Elliott argues here that the next few years are unlikely to see a repeat of the 1920s, with a Fourth Industrial Revolution.

Instead, he suggests that there are four problems that need tackling -the re-establishment of a relatively calm macroeconomic environment, the need for higher levels of investment, an attempt to tackle inequality and greater global co-operation.

Without it, we're likely to see continuing economic problems - and countries from Sri Lanka to developed European economies suffering.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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