Deficit Reduction Averaging: A Plan B for fiscal tightening

Article

This paper assesses the extent to which the plans of the Coalition government and of the previous Labour government successfully balance the demands of economic sensitivity and market sensitivity. It then goes on to propose a new, alternative approach: deficit reduction averaging.

Related items

  1. Entrance sign at the Foreign, Commonwealth and Development office in Westminster

    Reset: Building modern partnerships with the countries of the global south

    The UK's relationships with many countries of the ‘global south’ are in a poor state.
  2. Doctor with patient for consultation, medical advice or procedure at clinic

    Taken to heart: Inequalities in heart disease in Scotland

    More than 7.6 million people across the UK live with cardiovascular disease (CVD), around twice as many as live with Alzheimer’s disease and cancer combined. 
  3. A beautiful sunset in the Scottish highlands with renewable energy wind turbines far into the horizon

    Skills passports: An essential part of a fair transition

    This month, government will publish its Clean Energy Workforce Strategy. This plan covers two aims. First, filling the growing demand for skills in clean energy industries is essential to keep on track to reach the government’s clean power…