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Will a hung parliament endanger fiscal consolidation?

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Many commentators fear the detrimental effects of a hung parliament on the speed and depth of fiscal adjustment. Yet an election that fails to deliver a clear majority for a single party need not spell fiscal disaster, says Joachim Wehner – it all depends on how the resulting government manages the situation.

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en

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application/pdf

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http://eprints.lse.ac.uk/41163/1/blogs.lse.ac.uk-Will_a_hung_parliament_endanger_fiscal_consolidation.pdf

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