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Fiscal Policy


The government’s tax and spending decisions affect the direction of our economy, in good times and bad, and have a huge impact on households. Our work focuses on the impact of fiscal policy on economic growth and debt, and on households across the income distribution.

Contacts

James Smith

James Smith

Research Director
T: 0203 372 2956
E: james.smith@resolutionfoundation.org
Daniel Tomlinson

Daniel Tomlinson

Research and Policy Analyst
T: 0203 372 2966
E: daniel.tomlinson@resolutionfoundation.org
Publications

The shape of things to come

Charting the changing size and shape of the UK state

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This report marks the first in a series of pre-election pieces that focus on the fiscal backdrop to the vote. It takes a long-run view of the size and shape…
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Publications

Totally (net) worth it

The next generation of UK fiscal rules

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The UK needs new fiscal rules which put improving net worth at the centre, enable the government to borrow to invest, are robust to a wide range of scenarios, and…
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Publications

Britannia waives the rules?

Lessons from UK and international experience with fiscal rules

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The UK’s current fiscal rules will expire in 2020-21 and all major political parties have committed to replacing them. This paper explores the lessons from UK and international experience that…
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Events

Rewriting the rule book

A new fiscal framework for new economic times

We present our latest paper from our Macroeconomic Policy Unit on what the UK’s new fiscal rules should be, followed by a debate by an expert panel on the pros…
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Comment

The Treasury and Bank of England should prepare for a three-pronged economic shock from ‘no deal’

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It’s a well-worn trope that no one knows what the economic impact of a no deal Brexit would be. And for good reason. The scale of disruption at the border,…
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Publications

Seeking public value

The case for balance sheet targeting in fiscal policy

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With the government’s current fiscal rules set to expire next year, this paper makes the case for government’s next fiscal framework to move beyond the narrow focus on debt and…
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Publications

Dealing with ‘no deal’

The economic policy response to a ‘no deal’ Brexit

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This report provides a framework for understanding what role macroeconomic policy can play in alleviating the economic impact of a ‘no deal’ Brexit.
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Publications

Recession ready?

Assessing the UK’s macroeconomic framework

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This report is the launch paper for the Resolution Foundation’s Macroeconomic Policy Unit. It provides the most comprehensive assessment of the UK’s macroeconomic policy framework since the financial crisis, focusing…
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