How to grow the economy without causing another financial crisis
Tue, Feb 28th 2023 at 1:00 pm - 2:00 pm
Speaker: Charles Read .... Speaker Host - Jenny Chapman -Hay ... Cashier - John Grieve .....Reception - Colette Auton
Since the global financial crisis of 2008, the motor of British economic growth has stalled. If the pre-crisis trend rate of growth had continued over the past 15 years, the British economy would be 20%-25% larger than it actually is today. The government of Liz Truss tried to kickstart economic growth with a "pro-growth" mini budget last autumn but instead pushed the financial system to less than 24 hours from another crisis. So why has economic growth been so slow? How did the mini budget push Britain to less than 24 hours from financial crisis? This talk will answer all of these questions and more.
Charles Read is a post-doctoral Fellow in the Cambridge University Faculty of History and an affiliated lecturer in the Faculty of Economics. His research examines the political economy of financial crises and famines in Great Britain, Ireland and the British Empire in the 19th, 20th and 21st centuries. He is an expert on the relationship between economic policy and financial stability in Britain and Ireland over the past two centuries.
'What We Do' Main Pages:
The results of our annual competition - two of our local winners have also won at District level
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We have become one of only four Rotary Clubs to be awarded a Platinum Certificate, in recognition of donations to Shelterbox of £10,200 in 2022-3
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Several of our entrants last year had success at District level and one was a winner of the National final
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Our annual competition for budding artists - our entrants all won the second stage District Competition last year
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We organise two-day breaks at a National Trust site in N Norfolk for young people aged 12-15 who probably won't get any other holiday
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Our Junior Competition entrant has gone on to win at National Level. Our Intermediate Team won third prize in their group
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Past President John Martin uses his building skills to help the locals create a community centre for this deprived settlement in The Gambia, only a few miles from the luxurious tourist resorts on the coast
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The East Anglian District and National Rotary Magazines feature the wide range of charitable and fellowship activities that Rotary Clubs enjoy
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We and our colleagues in the three other Cambridge clubs celebrated 100 years of Rotary service in 2022
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We are part of a worldwide movement of 46,000 Rotary clubs with a total of 1.4 million members. We enjoy a range of informal fellowship events while supporting local and international charities
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Cambridge Aid does great work in support of Cambridge residents in need. In 2019-21 we raised over £12,500 and we continue to support them
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RYLA offers an intensive 7-day course for 18-26 year-olds, helping them to develop as future leaders
moreA sample of our members' varied interests and significant contributions to the local community
moreA brief history of the Rotary Club of Cambridge together with some records which might be of interest to the wider audience
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