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The UK’s debt-led recovery is unsustainable. Economic Policy Viewpoint No.2 April 2014

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Policy Brief

09/10/2014

This Economic Policy Viewpoint by Dr. Jo Michell examines the sources of demand underlying the economic recovery in the UK. The Viewpoint should that the recent upturn in GDP is the result of a recovery in consumption demand, underpinned by resurgence in the expansion of credit to households.

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