The major controversies over alternative strategies for the UK economy are surveyed and evaluated in a non-technical manner, concentrating on the positions of three groups prominent in economic forecasting and policy analysis-the National Institute, the London Business School Centre for Economic...

This article considers the role of fiscal policy within a European Monetary Union. There are two quite different issues. The first is the medium-term problem of deficits and debt. The Maastricht fiscal convergence criteria are usually seen as an imperfect response to the need to contain...