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Recession Britain publication
Britain has now been in recession for over a year. How can policy-makers respond most effectively, on a global scale as well as nationally? And what are the likely effects - both now and in the future - on jobs, on businesses and on people's lives?
A new report published by the Economic and Social Research Council (ESRC) explores what can be learned from evidence on previous recessions: the three that Britain has experienced most recently - in the mid-1970s, the early 1980s and the early 1990s - as well as recessions elsewhere in the world, and the global recessionary period to which current times have often been compared, the 1930s. The report draws on analysis of a broad range of data sources and the work of numerous researchers and research institutions, many of them centres, programmes and individual scholars funded by the ESRC.
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