Discover and read the best of Twitter Threads about #fiscalframework
Most recents (1)
The requirement for #fiscalpolicy is to find the right balance between flexibility to respond to changing socioeconomic circumstances and the credibility to maintain control of #debt.
A THREAD 🧵⬇️
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#AutumnStatement
#UKeconomy
#EconTwitter
niesr.ac.uk/publications/d…
A THREAD 🧵⬇️
1/8
#AutumnStatement
#UKeconomy
#EconTwitter
niesr.ac.uk/publications/d…
Rules-based policies matter for credibility as they impose both external and internal discipline, help ensure economic agents condition on the govt’s plans and allow us to understand progress relative to the plan, as we outlined in our research back in the spring of 2021 👆
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We suggest five main proposals for a new #fiscalframework which seeks to address the current deficiencies:
1⃣ ▶️ The #Chancellor should set out a structured timetable for fiscal events and deliver a #Budget speech focused on the state of the economy and the
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1⃣ ▶️ The #Chancellor should set out a structured timetable for fiscal events and deliver a #Budget speech focused on the state of the economy and the
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