The economic response to covid-19 is not austerity: four pillars for strong public finances

Jung, Carsten (2020) The economic response to covid-19 is not austerity: four pillars for strong public finances. British Politics and Policy at LSE (05 May 2020). Blog Entry.

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Abstract

Carsten Jung writes that the Treasury needs to provide a sustainable stimulus to prevent another Great Depression and explains why the UK can afford to borrow big in order to do so. He stresses that central bank support will be critical, but this should be reduced once the economy has recovered, and that Rishi Sunak needs to outline a plan for putting public finances on a firm footing, anchoring the recovery around sustainable pro-jobs investments and fair tax reform.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information:	© 2020 The Author
Divisions:	LSE
Subjects:	R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine H Social Sciences > HV Social pathology. Social and public welfare. Criminology H Social Sciences > HJ Public Finance J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited:	10 Jun 2020 10:42
Last Modified:	11 Dec 2024 20:06
URI:	http://eprints.lse.ac.uk/id/eprint/104905

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