Supply Side Economics
Government policies often follow a fiscal approach to manage demand and monetary policies through interest rates to attack inflation. These are not the only tools available but they are widely used. In this episode Tony Hines takes listeners through these choices before considering supply side economics and what that can achieve. Interest rates until very recently have been historically low. This has encouraged investment. They are now beginning to rise as inflation bites. As borrowing costs increase servicing debt becomes more expensive and investment may be reduced. This is of concern for governments that have to create conditions that are conducive to business. Supply side economics was a strategy adopted in the 1980s by President Reagan and Prime Minister Thatcher. The UK economy has returned to supply side economics to fight inflation. So how will this impact business and supply chains?
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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon…
Chain Reaction - Supply Chain Advantage
Supply Chain Advantage helps make organizations efficient and effective employing customer focused supply chain strategies that are demand driven. It does so by means of training, consultancy, events, digital content and publishing.
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