Op-Eds by NIESR staff

Our work on the General Election has extended beyond our briefings, podcasts and vodcasts.
See below for a list of articles and blogs written by NIESR staff that have appeared in the press and other outlets.

 

The Independent, 8th December 2019

“With days to go until the most important election for our economy in living memory, voters will be going to the polling stations with blindfolds on. Fiscal policy — the decisions on taxation and public spending that determine how much the government borrows – is in disarray. The government had already shifted the date of the budget from spring to autumn and now Boris Johnson has promised a “Brexit budget” in February if the Conservatives stay in power. Government departments are working with a one-year spending plan, rather than the three-year version that was promised. Because they can’t make long-term plans, they will struggle to deliver the improvements in services such as health, education and policing that voters are demanding” Read more:

 

Prospect, 4th December 2019

“The UK minimum wage has been a great success story since its introduction in 1999. Twenty years on, it is at risk of becoming overly politicised in a growing arms race between the two main parties, both eager to claim the credit for boosting the earnings of millions of low-paid workers across Britain….” Read more:

 

LSE blog, 6th December 2019

“The fiscal framework adopted in 2010 built on the success of the experience with monetary policy. The basic mechanism, which was replicated to a great degree in the fiscal case, is that a macroeconomic target that suits society is pursued transparently with the support of independent forecasts of whether the target will be achieved. The target and instrument are bound together by a rule that explains how the instrument will respond to the state of the economy. The advantage of rules-based policies is that other participants in the economy can formulate their plans in a manner consistent with the target and if the policy-maker is going to miss the target, there is scope to explain why and how the economy will get back on track. By binding people into a common path of adjustment, it simply becomes easier to meet the target, which should be exactly what society wants anyway.  While monetary policy has more or less been bound by such a framework, our fiscal policy is more or less in disarray.” Read more:

 

The Independent, 17th November 2019

“As the director of an economic think tank based just metres from parliament, I am aware that I can become overly immersed in the statistics and theories that underpin my analysis of Brexit. The same thing was on my mind when I stepped out of the offices of the National Institute of Economic and Social Research last Friday afternoon to catch the last rays of the sun as they caught the Baroque roof of St John’s church on Smith Square…” Read more:​