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Why a return to the roaring twenties is unlikely for the UK economy
17th July 2022
Larry Elliott argues here that the next few years are unlikely to see a repeat of the 1920s, with a Fourth Industrial Revolution.
Instead, he suggests that there are four problems that need tackling -the re-establishment of a relatively calm macroeconomic environment, the need for higher levels of investment, an attempt to tackle inequality and greater global co-operation.
Without it, we're likely to see continuing economic problems - and countries from Sri Lanka to developed European economies suffering.
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