The Debate

Austerity: end of the nanny state?

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.

Click here to watch the 2nd part.

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