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Fiscal Rules and International Diplomacy
This chapter examines the complexities of changing fiscal policies, focusing on the challenges of defining investment spending while balancing public investment with budgetary limits. It also highlights the UK’s shifting foreign policy position under the Labour Party amidst major international conflicts, particularly regarding tensions in the Middle East and the war in Ukraine. Additionally, the chapter discusses the importance of diplomatic engagements with the US and the EU, emphasizing efforts to restore collaborations like the Erasmus program.