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Public spending and finance
IFS researchers conduct ongoing analysis of the outturns of and outlook for the public finances. Our work in this area looks at forecasts of government revenues and spending (overall and on specific areas) and aims to inform public debate, particularly around the time of Budgets, Autumn Statements, Spending Reviews and Elections. Over many years we have kept track of the evolution of the public finances and how different governments have fared. A number of IFS publications have assessed the fiscal performance of past administrations.

The financial crisis and the economic damage associated with it opened up a structural hole in the public finances that, if left unaddressed, would be impervious to the economic recovery and would put public sector debt on an unsustainable path. The coalition Government faces a significant challenge to restore the public finances to better health. A comprehensive description of how the public finances evolved through the Great Recession can be found in Disease and cure in the UK: the fiscal impact of the crisis and the policy response.

Overview of research on public spending and finance.

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Year: 499 publications
10 August 2004
Robert Chote
Like the discovery that Britain's railways are as vulnerable to the sun as to wet leaves or the wrong sort of snow, reports that Gordon Brown has warned Cabinet ministers to expect tough public spending negotiations should hardly come as a surprise.
01 August 2004
Robert Chote
Many conservative MPs and candidates were horrified at their party's dismal results in last month's by-elections.
13 July 2004
3619
Robert Chote
The government has repeatedly promised to cur public sector administration costs and halt the rise in civil service jobs, yet both have risen year after year.
01 July 2004
BN50
Robert Chote, Carl Emmerson, Christine Frayne and Sarah Love
In the run-up to the 2004 Spending Review, IFS has written a short briefing note, which considers the options for public spending during the years of the review (2005-06 to 2007-08), in light of what has already been announced and what we know about the government's priorities and past spending decisions.
06 June 2004
3562
Robert Chote
In his 1956 book "The Future of Socialism", the Labour thinker Tony Crosland famously argued:The essential thing is that every citizen should have an equal chance - that is his democratic right.
01 June 2004
BN49
This Briefing Note looks at the potential for the introduction of a 'fat tax' into the UK in an effort to reduce the growing prevalence of obesity in Britain. This Briefing Note looks at trends in UK obesity and examines evidence on eating habits and exercise in order to see whether trends here can account for what we see happening to obesity. We go on to review some of the key economic reasons behind why we might be concerned about obesity and why we might consider there to be a case for government intervention. We also discuss how food is currently taxed and the various ways in which a 'fat tax' might be introduced, looking at particular issues the government might need to address should it wish to introduce one. We finish by presenting some simple analysis of a hypothetical 'fat tax' in terms of how it might impact differently on the rich and the poor.
01 May 2004
3584
Christine Frayne and Sarah Love
Since April 1999, spending on public services has grown substantially.
01 April 2004
The Higher Education (HE) Bill passed its third reading in the House of Commons on the 31st of March 2004. Here we suggest one way in which the implementation of the proposals can be simplified.
01 March 2004
Richard Blundell, David Card and Richard Freeman (eds)
Seeking a Premier Economy focuses on the labor and product market reforms that directly impacted productivity, employment, and inequality.
26 February 2004
This lecture focuses on government intervention in the funding of higher education and outlines the implications of these provisions for students, graduates, universities and the tax payer.
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Started: 31 January 2012
Started: 28 September 2010
Started: 15 March 2010
Started: 29 January 2010
Impact on Society
IFS researchers helped make a case against proposed cuts to public spending on science.
IFS arguments for independent official fiscal forecasts contributed to the government’s decision to set up an Office for Budget Responsibility.
Past research into pension reform has contributed to evidence given to government on public service pensions.
Research told policymakers that, despite greater expenditure on health care, Americans are less healthy than their English counterparts.
IFS researchers have evaluated whether the temporary VAT cut was able to boost the economy effectively.
We analysed the impact of the 2006 HE funding reforms and informed the surrounding debate.
We provided evidence to the Browne Review of higher education funding about the impact of a number of higher education finance reforms.
IFS researchers assessed the government’s fiscal rules and advised policymakers as to how they could be made more credible.
IFS recommendations for presenting fiscal forecasts are being taken up by the new Office for Budget Responsibility.
Public spending analysis stokes public debate and prompts increased transparency over government’s plans for spending cuts.
An IFS economist advised a “Citizens Jury” on the welfare system, including basic facts and important issues about its purpose and structure.
IFS researchers have investigated whether it is possible to measure the distributional impact of changes to spending on public services.