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"France needs reform on the supply side, reforms in the way we work and make, and instead all we have are demand-side reforms.
Mr Brown's emphasis on supply side reforms mirrors that of Nigel Lawson in the 1980s.
A more moderate camp have convinced themselves that EU membership is blocking the sweeping supply side reforms that they believe would propel Britain to renewed growth.
Instead governments should control inflation through monetary policy and use supply side reforms (privatisation, attacks on the power of the unions) to reduce unemployment and boost growth.
Goldman Sachs forecasts that India's growth potential will fall to 7.6 percent in the next fiscal year, from 8 percent before the financial crisis, because of a slowdown in supply side reforms and investment.
Supply side reforms include lower tax rates and less regulation.
Similar(47)
Even supply-side reforms can have demand-side consequences.
So far, he has set up five committees charged with instigating deep supply-side reforms.
There is little chance of further supply-side reforms under Angela Merkel's consensus-driven grand coalition.
A second element ought to be a blitz of supply-side reforms.
The budget gap will be stretched to fund supply-side reforms.
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