My title is chosen because of the high weight given to political considerations in the reception of the 1990 Budget, and possibly in its planning as well. In this paper I shall discuss the position of the economy at the present time in relation to the trade cycle and also to the electoral cycle. I hope to show that the two cycles are not in fact as closely related to each other as the American theory of the political business cycle has led some commentators to suppose. In the second half of my paper I shall try to tackle the most important issue of the medium-term financial strategy, which the Chancellor, for political reasons, has been obliged to neglect-that is, the crucial issue of Britain's relationship with the rest of the European Community.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.
Contact details of provider: Postal: The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE Phone: (+44) 020 7291 4800 Fax: (+44) 020 7323 4780 Email: Web page: http://www.ifs.org.uk
Order Information: Postal: The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE Email:
For technical questions regarding this item, or to correct its listing, contact: (Emma Hyman).