To analyse the Chancellor's decisions and their implications in the Spring Statement, IFS Director Paul Johnson is joined by IFS Associate Directors Ben Zaranko and Tom Waters.
Zooming In: discussion questions
These are a set of questions designed for A Level economics students to discuss, written by teacher Will Haines.
1. What is the difference between current and capital spending by the government?
2. Explain the short run and long run economic impacts of the cuts to welfare spending announced by the Chancellor in the Spring Statement.
3. Assess the economic benefits and costs of governments imposing fiscal rules on themselves.
Host
Paul Johnson
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Participants
Ben Zaranko
Ben joined the IFS in 2017 and works across a range of areas, including UK fiscal policy and the productivity of the health and social care system.
Tom Waters
Tom is an Associate Director at the IFS and Head of the Income, Work and Welfare sector.
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