Planes and trains can deliver the growth the IMF wants

W David McCausland

Planes and trains can deliver the growth the IMF wants

Economics

Research output: Contribution to specialist publication › Article

Abstract

The International Monetary Fund’s annual report on the UK economy calls for the Chancellor to boost economic growth through investing in infrastructure.

While the IMF is right to make this point, we must ensure we do not once again become bogged down in the simplified debate around “austerity vs stimulus” that has dominated policy discussion in recent years. Economic growth will only return through what is known as “investment spending” on planes, trains and other projects with a strong “multiplier” effect.

Original language	English
Specialist publication	The Conversation
Publisher	The Conversation UK
Publication status	Published - 22 May 2013

Keywords

Transport
IMF
Investment
Infrastructure
Energy policy
Economic growth
George Osborne
HS2

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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https://theconversation.com/planes-and-trains-can-deliver-the-growth-the-imf-wants-14190Licence: CC BY-ND

Cite this

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Planes and trains can deliver the growth the IMF wants

Abstract

Keywords

UN SDGs

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