OPDC FIRST DRAFT LOCAL PLAN - "Regulation 18"
- 2639 individual responses by email and letter (over 2000 from QPR fans)- 1200 comments at workshops and drop-in sessions
- 28000 web views from 6000 visitors, generating 200 comments
- 80 tweets

Open in new window/tab: 1) Watch the Movie
2) Read the Documents 3) The Consultation Sessions and Web Site
See borough responses: 1) Hammersmith & Fulham 2) Ealing 3) Brent


2015-02-06

How will Old Oak Common fit into the 'Business Cycle"?


Link to 'The Geography of transport systems'

"Business cycles are a well-understood concept commonly linked with technological innovations, which are often triggering a phase of investment and new opportunities in terms of market and employment. The outcome is economic expansion and as the technology matures and markets become saturated, expansion slows down.

"A phase of recession is then a likely possibility as a correction is required to clear the excess investment or capacity that irremediably occur in the later stages of an economic cycle. The bottom line is that recessions are a normal condition to a market economy as they are regulating any excess, bankrupting the weakest players or those with the highest leverage.

"However, one of the mandates of central banking is to fight a process (business cycles) that occurs 'naturally'."

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