Commentary: Fiscal Policy and the Fiscal Position

Martin Weale

National Institute Economic Review, 2009, vol. 208, 4-8

Abstract: When the Government adopts a fiscal policy framework and target structure, as the current Government did in 1997, there is only limited interest in criticism of the policy framework itself. Inevitably much more attention focuses on whether the Government's targets will be met, rather than on whether those targets are the right targets; this is a simpler focus for debate.

Date: 2009
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