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RETHINKING THE UK FISCAL FRAMEWORK: LESSONS FROM ELSEWHERE

Iain Begg

National Institute Economic Review2025https://doi.org/10.1017/nie.2025.10080article
AJG 1ABDC B
Weight
0.50

What the paper says

Abstract The UK fiscal framework, especially the fiscal rules in place, has faced widespread criticism. Since the current system was introduced, the UK’s fiscal arithmetic has worsened. The article examines practices in other countries and, going beyond rules, looks at other dimensions of their fiscal frameworks, then suggests a ‘menu’ of possible changes to improve the UK approach. Scrutiny and a variety of governance features also deserve attention. While not all practices elsewhere can be directly adopted in the UK institutional setting and some would encounter political sensitivities, many can.

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https://doi.org/https://doi.org/10.1017/nie.2025.10080

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@article{iain2025,
  title        = {{RETHINKING THE UK FISCAL FRAMEWORK: LESSONS FROM ELSEWHERE}},
  author       = {Iain Begg},
  journal      = {National Institute Economic Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1017/nie.2025.10080},
}

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RETHINKING THE UK FISCAL FRAMEWORK: LESSONS FROM ELSEWHERE

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.