Austerity by stealth

Austerity by stealth

https://neweconomics.org/uploads/files/austerity-by-stealth-final.pdf

Dominic Caddick, Alfie Stirling
New Economics Foundation, 2023
Level: leicht
Perspektive: Institutionenökonomik
Thema: Institutionen, Regierungen & Politik, Arbeit & Care, Makroökonomik
Format: Policy Paper & Advocacy
Link: https://neweconomics.org/uploads/files/austerity-by-stealth-final.pdf

The policy briefing provides a data-rich overview over the budgets planned for public services in the UK and their connection to the future development of inflation. It highlights the fact that inflation might lead to "invisible" cuts to public sector budgets.

Comment from our editors:

The report addresses an interesting issue, namely the effects of inflation on public sector budgets, which stands in interesting contrast to arguments which see the public sector as profiteers from inflation, e.g. those focusing on the effects of inflation on the tax revenue or the depreciation of public sector debt.

Go to: Austerity by stealth

This material has been suggested and edited by:

Frederick Heussner
Tags: inflation | public sector | Public Services
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