IFS Zooms In: The Economy cover image

One year of Labour government: Is mission-driven politics really happening?

IFS Zooms In: The Economy

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Defense Spending and Economic Growth

This chapter explores the complex relationship between increased defense spending and economic growth in the context of recent geopolitical shifts. It emphasizes that while defense investments can stimulate some economic activity, they should primarily be considered within the framework of defense policy rather than as a strategy for economic expansion.

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