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Government borrowing is never far from the headlines, and in the current crisis, has been a central mechanism for the government to fund its economic support measures.
There are many questions around the current level of government debt, whether it is too high, what the long-term implications are and if the government can continue to borrow at its current level.
This week we speak with David Miles, Professor at Imperial College London and a former member of the Monetary Policy Committee at the Bank of England, to answer these questions about government debt in the COVID era.
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
David Miles
David Miles is Professor of Financial Economics at Imperial College Business School. His current research focuses on policy issues connected with financial stability, the housing market and the setting of monetary policy. He is a member of the Budget Responsibility Committee of the Office for Budget Responsibility.
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