Covid-19: deficits, debt and fiscal strategy
Watch the seminar here
Covid-19 - and the public health response to it - has pushed government borrowing to levels not seen previously in the UK in peacetime and will leave a lasting impression on the public finances for many years to come.
In this special joint webinar, the National Institute of Economic and Social Research (NIESR) and the Institute for Fiscal Studies (IFS) will examine the impact of the Covid-19 crisis on the public finances.
Deputy Director of NIESR, Dr Garry Young, will outline some of the possible macroeconomic scenarios. IFS Deputy Director, Carl Emmerson will discuss the government’s response and the impact on the public finances. Director of NIESR, Professor Jagjit Chadha will look at measures of how much fiscal space there is and risks associated with elevated debt and deficits. The event will be chaired by Paul Johnson, Director of the IFS.