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Undergraduate degrees at Kent Business School will enhance your skills, provide a solid grounding to broaden your career prospects and prepare you for international business success. We are widely respected by organisations and employers from around the globe for our academic rigor and real world relevance.


With a choice of degrees in business, management, and accounting and finance, we provide a robust international business education allowing students to develop their own ‘expert’ comment.


All programmes offer students the opportunity to take a year in industry on a professional work placement enabling student to apply prior learning in the development of business and managerial skills for future career success.


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Expert comment: Is the UK returning to growth?


Dr Fragkiskos Filippaios provides comment about the current recession. Dr Filippaios is an expert in international business and contributes to Kent Business School’s undergraduate, postgraduate and executive teaching.


“The United Kingdom is currently experiencing one of the worst recessions in its economic history. The current recession has a lot of differences with what has been experienced in the past; inflation is at a relatively low level and Foreign Direct Investment still flows in the economy. On the other hand, it appears that both instruments (fiscal and monetary policy) that could lead the economy back to growth are currently ineffective. With a fiscal policy that has a focus on austerity, with significant reduction in public spending, a monetary policy with interest rates at a historical low and quantitative easing ineffective, mean that there is no obvious way out of the current situation.


This new economic reality calls for new economic approaches. Confidence, or lack of it to be precise, is the key word. The current crisis, above all, is a crisis of expectations. Uncertainty for the future means that businesses and consumers are waiting before making any major decisions. Businesses prefer to sit on their cash and not invest and consumers are unsure about their economic future and thus postpone consumption for a later date. Lack of confidence about the future economic prospects is one of the key factors that keep the economy from growing at the moment.


Is there a way out? The answer is positive but not simple. It requires a significant coordination of efforts and a more focused and targeted economic policy. Horizontal cuts and general austerity will not create the necessary economic environment and will not restore confidence. The current situation requires a strategic perspective on things with targeted spending on education, infrastructure and new technologies and an approach that is not influenced by electoral cycles. It also requires a social consensus that hard measures are required for the future to be brighter.”


What would your expert comment be? Come and join the debate: www.kent.ac.uk/kbs/school/expert-comment.html


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