Future Fiscal Frameworks – A Nuffield Foundation Funded Project On Understanding And Confronting Uncertainty
Future Fiscal Frameworks – A Nuffield Foundation funded project on understanding and confronting uncertainty
Monday, 26 April, 2021
13:00 to 15:00
This event has passed.
Join us and hear the findings of our latest research into fiscal policy – lessons to be learned from the period since 1993, in particular how governments manage their expenditure plans in light of uncertainty and the changing state of the economy.
Including contributions from two former Chancellors of the Exchequer - Norman Lamont and Alistair Darling – as well as Government Economic Advisors, former central bankers and Chief Secretaries to the Treasury, this research carefully explores the lessons from the period since 1993, in particular how expenditure plans are managed by governments during periods of uncertainty.
By attending this dedicated event, you will gain an insight into how our findings could inform an approach to the current debt problem following the Covid-19 pandemic. Our work adds to the understanding of fiscal policy drivers; shows that we need to re-examine carefully the objectives, instruments and framework guiding fiscal policy, and seeks to contribute to the debate on how best to design guiding principles for public spending plans.
Jagjit Chadha, Director of NIESR
Tim Gardam, Chief Executive of the Nuffield Foundation
Clare Lombardelli, Chief Economic Advisor at HM Treasury
Adrian Pabst, Deputy Director of NIESR
Joe Grice, Consultant to ONS in external engagement and research
Martin Ellison, Professor of Economics at the University of Oxford
Gerald Holtham, Professor of Regional Economy at Cardiff Metropolitan University
Hande Kucuk, Deputy Director of NIESR
Philip Turner, Visiting Fellow at NIESR and University of Basel
Ricardo Reis, Arthur Williams Philips Professor of Economics at the London School of Economics
Janet Henry, Global Chief Economist at HSBC
Danae Kyriakopoulou, Chief Economist and Director of Research at the OMFIF, and Chair of the Sustainable Policy Institute
Bart Van Ark, Professor of Productivity Studies at the Alliance Manchester Business School
Richard Hughes, Chairman of the Office for Budget Responsibility