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Tag: Gross National Products

What are the major determinants of economic growth and how far the costs of economic growth outweigh the benefits

Posted on June 19, 2013 by JL Admin

The promise of impressive economic growth has been a staple of electoral promises ever since the inception of parliamentary democracy in the UK.  In recent years, this phenomenon has only gathered pace with both the Tories and the New Labour leadership claiming the ‘economic growth’ mantle as their own.  Here, the implicit assumption is that…

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