Latest update: 29/10/2010
Austerity: end of the nanny state? (Part 2)
Not only did the new Conservative government announce radical belt-tightening to shed 500 000 jobs, big cuts in the public sector, and a rise in the retirement age to 68, the British Finance Minister warned that citizens no longer want a public sector that answers to the aspirations and expectations of the 1950s. How far is the pendulum swinging?
- Henrik BRACONIER, UK Specialist, OECD
- A. Craig COPETAS, Senior Writer, Bloomberg News
- Raquel GARRIDO, National Secretary, Party of the Left
- Vanessa ROSSI, Senior Research Fellow, International Economics, Chatham House
Program prepared by Perrine Desplats and Yi Song.