The-2019-IFS-Green-Budget-Updated-2.pdf
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The IFS Green Budget 2019, in association with Citi and the Nuffield Foundation, is edited by Carl Emmerson, Christine Farquharson and Paul Johnson, and copy-edited by Judith Payne. The report looks at the issues and challenges facing Chancellor Sajid Javid as he prepares for his first Budget.
In this part of Citi’s contribution to the Green Budget, we analyse the causes of the global downturn and discuss the role of fiscal and monetary policy in addressing it.
In this chapter, we analyse how the different elements of the UK economy have performed since last autumn, highlighting the resilience of consumer spending and the poor performance of business investment.
In this chapter, we set out forecasts for the UK economy under four distinct Brexit scenarios: continued uncertainty (our base case); a no-deal scenario accompanied by significant fiscal loosening; a negotiated Brexit deal passed through the current parliament; or a second referendum on a Brexit deal negotiated by a Labour-led coalition, culminating in a vote to remain.
In this chapter, we produce an updated baseline forecast for the public finances and look ahead to analyse a variety of scenarios for the medium term.
This chapter begins by considering the case for having fiscal targets at all and then discusses the government’s current fiscal targets and the rules proposed by the opposition Labour party.
In this chapter, we describe the announcements in this year’s spending pound and emphasise the importance of keeping perspective.
In this chapter, we analyse these barriers to progress in Mrs May’s government and the extent to which they will continue to affect policymaking in different areas in the years to come.
This chapter sets out the impacts of the prime minister’s proposed tax policies.
In this chapter, we examine both how satisfactorily tax policy treats motoring as we find it today and how it might be made ready for the future.
Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.
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.
Christine's research examines inequalities in children's education and health, especially in the early education and childcare sector.
