The State We're In

Abstract

UK in a Changing Europe (UKICE) is a comparative newcomer among think tanks and it has produced a wide-ranging report on the state of the UK economy. It asks whether the UK economy is caught in a ‘doom loop’ where performance is bad, but policy options are constrained by the fiscal position. Unlike some SWOT analyses it looks as strengths as well as weaknesses, but these may favour the more prosperous parts of the UK. The ideas presented could help prevent the UK falling into the doom loop, but politicians tend to favour solutions which have a short-term payback. We need long-term thinking.