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Commentary: Fiscal Policy and the Fiscal Position

Published online by Cambridge University Press:  26 March 2020

Martin Weale
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Extract

When the Government adopts a fiscal policy framework and target structure, as the current Government did in 1997, there is only limited interest in criticism of the policy framework itself. Inevitably much more attention focuses on whether the Government's targets will be met, rather than on whether those targets are the right targets; this is a simpler focus for debate.

Type
Articles
Information
National Institute Economic Review , Volume 208: Ten Years of EMU , April 2009 , pp. 4 - 8
Copyright
Copyright © 2009 National Institute of Economic and Social Research

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