Undertaking a fiscal consolidation: a guide to action

Undertaking a fiscal consolidation: a guide to action
Document type
McCrae, Julian; Myers, Jerrett; Glatzel, Katrin
Institute for Government
Date of publication
1 December 2009
Trends: economic, social and technology trends affecting business, Management & leadership: including strategy, public sector management, operations and production
Business and management
Material type

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This briefing sets out some key information that the politicians and officials involved in tackling the UK's current fiscal situation need to know. It does not offer detailed advice about which programmes or budgets to cut, or which taxes or charges to increase. Instead, it looks at how government should go about the process of fiscal consolidation. In doing this, it draws on a series of high-level seminars run by the Institute for Government in 2009, discussions with senior policymakers in the UK and abroad, and the rapidly expanding literature on how to manage fiscal consolidations.

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