Economic growth

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Is Austerity George saving the UK economy?

Simon Tilford
30 November 2011
The Times
Britain’s unlikely status as a safe haven is more to do with Europe’s problems than our cuts.George Osborne likes to point at Britain’s record low borrowing costs — the Government can issue ten-year debt at just over 2 per cent — as proof of confidence in his stewardship of the economy.

Europe doesn’t lack funds, just political will

Simon Tilford
26 September 2011
Financial Times
The following article was written in response to 'Only the IMF can solve eurozone crisis' by Ragharam Rajan, published in the Financial Times, 26 September 2011.

A real threat of stagnation

Simon Tilford
08 August 2011
The Voice of Russia
In Europe, or in the US more particularly, we are seeing investors are losing confidence in the ability of various economies, various governments to service their debts.

Compétitivité ou productivité pour relancer la croissance européenne?

Simon Tilford
20 June 2011
Les Echos
Une mauvaise compréhension de ce que sont les moteurs de la croissance économique menace la reprise en Europe. Ses dirigeants sont obsédés par la compétitivité et paraissent croire sincèrement que prospérité rime avec excédent commercial.

Europe’s competitiveness trap

Simon Tilford
16 June 2011
Project Syndicate
A flawed understanding of what drives economic growth has emerged as the gravest threat to recovery in Europe. European policymakers are obsessed with national “competitiveness,” and genuinely appear to think that prosperity is synonymous with trade surpluses.