What British, European, and American Policymakers Need to Do Now
Harvard Business Review
JUNE 24, 2016
In the leadup to the vote, George Osborne, Chancellor of the Exchequer in the UK, had talked about how his response to the vote would be tax increases and spending cuts in order to maintain a balanced budget. But it’s likely to be a quarter percent of GDP or less over the next six to 12 months. There will be some drag on the U.S.
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