All the latest from NIESR, Britain's longest established independent research institute. For our Review, follow @NIESRreview.
Jan 20 โข 6 tweets โข 3 min read
At his #inauguration today, President-elect Donald #Trump officially becomes the 47th president of the United States ๐บ๐ธ
But what might the impact of Trump's presidency be on the UK and Global Economies? ๐In this thread, we outline some essential reading on the topic ๐ก
1/6 ๐งต
How do you tell a regular #trade dispute from a trade war? ๐๐ข
During #Trump's first term, we published this blog unpacking the answers โฌ
The UKโs current set of #FiscalRules are not fit for purpose.
They are more โhonor'd in the breach than the observanceโ.
They have also clearly introduced an
2/7
Oct 28, 2022 โข 8 tweets โข 6 min read
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.
niesr.ac.uk/publications/dโฆ
Rules-based policies matter for credibility as they impose both external and internal discipline, help ensure economic agents condition on the govtโs plans and allow us to understand progress relative to the plan, as we outlined in our research back in the spring of 2021 ๐
2/8