Hostname: page-component-78c5997874-s2hrs Total loading time: 0 Render date: 2024-11-11T06:56:39.029Z Has data issue: false hasContentIssue false
  • English
  • Français

The government's fiscal strategy

Published online by Cambridge University Press:  01 January 2020

Jonathan Portes
Jonathan Portes*
Affiliation:
National Institute of Economic and Social Research; Centre for Macroeconomics: and ESRC UK in a Changing Europe Programme.
*
Email: j.portes@niesr.ac.uk
Get access Rights & Permissions [Opens in a new window]

Abstract

An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Commentary
Information
National Institute Economic Review , Volume 233 , August 2015 , pp. F4 - F9
Copyright
Copyright © 2015 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

This paper owes much to discussions with Simon Wren-Lewis (University of Oxford) and reflects arguments further developed in Portes and Wren-Lewis (2015, forthcoming). I am also grateful to Angus Armstrong, Alex Bryson and Simon Kirby for comments.

References

HM Treasury (2014), Budget 2014, Annex B, https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/293759/37630_Budget_2014_Web_Accessible.pdf.Google Scholar
HM Treasury (2015a), Charter for Budget Responsibility, HM Treasury, July.Google Scholar
HM Treasury (2015b), ‘A country that lives within its means’, Spending Review 2015, https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/447101/a_country_that_lives_within_its_means.pdf.Google Scholar
HM Treasury (2015c), Written statement made by The Chief Secretary to the Treasury (Greg Hands), 11 June, HCWS31: http://www.parliament.uk/documents/commons-vote-office/June%202015/11%20June/3-Chancellor-Fiscal.pdf.Google Scholar
Institute for Fiscal Studies (2015), ‘Summer post-budget briefing’, July, http://www.ifs.org.uk/uploads/publications/budgets/Budgets%202015/Summer/opening_remarks.pdf.Google Scholar
Office For Budget Responsibility (2015a), Economic and Fiscal Outlook, March: http://budgetresponsibility.org.uk/economic-fiscal-outlook-march-2015/.Google Scholar
Office For Budget Responsibility (2015b), Economic and Fiscal Outlook, July; http://budgetresponsibility.org.uk/pubs/July-2015-EFO-234224.pdf.Google Scholar
Osborne, G. (2015), ‘Speech on the economy’, September: http://blogs.spectator.co.uk/coffeehouse/2013/09/george-osbornes-speech-on-the-economy-full-text/.Google Scholar
Ostry, J.D., Ghosh, A.R. and Espinoza, R. (2015), ‘When should public debt be reduced?’, IMF Staff Discussion Note, June: https://www.imf.org/external/pubs/ft/sdn/2015/sdn1510.pdf.CrossRefGoogle Scholar
Portes, J. (2014), ‘Fiscal policy and the recovery’, April: http://niesr.ac.uk/blog/fiscal-policy-plan-and-recovery-explaining-economics#.VaJEd_kl-Pt.Google Scholar
Portes, J. and Wren-Lewis, S. (2015), ‘Issues in the design of fiscal policy rules’, The Manchester School (forthcoming), previous version at: http://niesr.ac.uk/sites/default/files/publications/dp429.pdf.CrossRefGoogle Scholar
Reinhart, C.M. and Rogoff, K.S. (2010), ‘Growth in a time of debt’, American Economic Review Papers and Proceedings, 100, pp. 573–8.CrossRefGoogle Scholar
Smith, A. (2015), ‘George Osborne is committing to the wrong target’, July: http://niesr.ac.uk/blog/george-osborne-committing-wrong-target#.VauA6_kl-Ps.Google Scholar
Wren-Lewis, S. (2015), ‘Should we aim for budget surpluses?’, June: http://mainlymacro.blogspot.co.uk/2015/06/should-we-aim-for-budget-surpluses.html.Google Scholar