Carl Emmerson
Carl Emmerson
Deputy Director
Education:

M.Sc Economics, Birkbeck College, University of London, 1999
B.Sc Economics (1st Class Honours), London School of Economics and Political Science, University of London, 1996

Carl is Deputy Director of the Institute for Fiscal Studies and programme director of their work on direct taxes and welfare. He is an editor of the annual IFS Green Budget. His recent research includes analysis of the impact of the financial crisis and association recession, and the Government's response, on the UK's public finances. He has examined the effect of UK pension reforms on the public finances, retirement behaviour, labour market mobility, incentives to save and inequality, and has evaluated the large scale pilots of the Education Maintenance Allowance, the Pathways-to-Work reforms to incapacity benefits and the Saving Gateway matched savings vehicle. He has previously served as a specialist advisor to the House of Commons Work and Pensions Select Committee.

Public service spending: more cuts to come

| Observations

The Conservative Party manifesto committed to eliminate the deficit by 2018–19, largely through reductions in public spending. David Cameron has implied that these cuts would be relatively easy to achieve because they mean “saving £1 a year in every £100 that government spends”. Unfortunately, growth in some areas of spending, and promises to protect other areas, mean that even if the government delivers on its commitment to find £12 billion of cuts to social security spending, unprotected departmental spending could be facing cuts of 15% over the next three years. Ahead of next month’s Budget and Spending Review to follow, this Observation – and an associated presentation given at an event jointly organised with the Institute for Government – sets out what departments should be preparing themselves for.

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