Wednesday, July 21, 2010
Austerity Cameron-style: Hungary shows there is an alternative
This piece of mine appears in the First Post.
Amid warnings of a new UK recession, Hungary reminds us there is another way – growth
At first sight, Hungary and Britain have much in common. Both started the year being led by men called Gordon B. Both have seen unpopular nominally left-of-centre governments replaced, after spring general elections, by the conservative opposition. Both have relatively large government deficits.
But when it comes to dealing with the deficit, the approach of the British Conservative-led government and their Hungarian counterparts could not be more different.
You can read the whole of the piece here.