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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

Safeguarding governments’ financial health during coronavirus

What can policymakers learn from past viral outbreaks?

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In the wake of the coronavirus outbreak, governments have taken unprecedented steps to protect the health of their citizens and support their economies. They now need to take extraordinary steps…
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Comment

Political leaders must set out credible plans to tackle the next downturn

The time for action on macroeconomic policy is now

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Okay, fair enough, there’s a lot going on right now. With a fraught election campaign in full flow, and our future relationship with the EU still up in the air,…
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Publications

Playing by their own rules?

We analyse whether the policy platforms announced by the main parties are consistent with their own fiscal rules

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Fiscal rules are crucial for the government’s stewardship of the public finances and framing its economic priorities. So it is welcome that the main parties have prioritised setting out the…
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Publications

The shifting shape of social security

Charting the changing size and shape of the British welfare system

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Voters face a stark choice in the 2019 election about the social security system they want. This report examines how the provision of social security in Britain has changed; the…
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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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