|Date:||02 February 2011|
|Editors:||Mike Brewer , Carl Emmerson and Helen Miller|
|Keywords:||public finances, tax, benefits, environment, economy|
The Green Budget 2011 was edited by Mike Brewer, Carl Emmerson and Helen Miller, and copy-edited by Judith Payne.
It was produced in collaboration with Barclays Capital and Barclays Wealth and with additional funding from the ESRC-funded Centre for the Microeconomic Analysis of Public Policy at IFS.
in collaboration with
1.2 Recent estimates of 'supply'
1.3 Using survey data to gauge 'supply'
1.4 How we expect potential GDP to evolve
1.5 Are output gaps actually useful?
2.2 Borrowing and debt through the crisis
2.3 The new borrowing target
2.4 The new debt profile target
2.5 The Office for Budget Responsibility
3.2 Financial markets and the public finances
3.3 Measuring fiscal vulnerability
4.2 Demand drivers
4.3 Inflation prospects
5.2 Errors in forecasting borrowing for 2009-10
5.3 Baseline forecasts
5.4 Alternative macroeconomic assumptions
5.5 The Budget judgement
6.2 Trends in UK public spending
6.3 Spending Review 2010
6.4 Did previous spending cuts go to plan?
6.5 The system for planning public spending
7.2 The total public sector pay bill
7.3 Public sector earnings
7.4 Public sector employment
7.5 Public sector pensions
8.2 Can we measure the distributional impact of spending on public services?
8.3 What can existing studies tell us about the distributional impact of planned cuts
9.2 The need for a tax strategy
9.3 The elements of a strategy
9.4 The prize
9.5 The policymaking process
10.2 Issues in designing corporate taxes
10.3 UK corporate income taxes
10.4 The taxation of innovation and the Patent Box
10.5 How to tax offshore intellectual property
11.2 Environmental targets
11.3 Fiscal policy and the environment
11.4 Environmental policy reforms: enacted, planned and potential
11.5 Consistency of carbon prices
12.2 Tax and benefit changes due in April 2011
12.3 The distributional impact of the tax and benefit changes due in April 2011
12.4 The impact on work incentives
Appendix A: Forecasting public finances
Appendix B: Calculating implicit carbon taxes
Appendix C: Headline tax and benefit rates and thresholds
Appendix D: Abbreviations
© The Institute for Fiscal Studies, January 2011