Adair Turner

The UK in 2016: ten forward-looking posts

♦♦♦
We need to address the role private debt and real estate play in our economies

Without radical reform we will be vulnerable to future crises and stuck in slow growth for many years, writes Adair Turner

 

 

How can the UK improve its lagging productivity — and still build the workforce?

On video: Vince Cable, Diane Coyle, Bronwyn Curtis and Anna Leach, with […]

  • Permalink Gallery

    We need to address the role private debt and real estate play in our economies

We need to address the role private debt and real estate play in our economies

Almost no economist or financial commentator saw the 2008 crisis coming: next to no one anticipated in early 2009 that recovery would prove so difficult and slow: nobody foresaw that seven years after the crisis, interest rates today would be close to zero in all major advanced economies.

I became chair of the UK Financial Services Authority in September 2008, […]