Top Tweets for #fiscalRules
British PM says he'll break with neoliberalism, but he's also said he'll keep orthodox self-imposed Thatcherite fiscal rules. Not sure you can reject neoiberalism whilst maintaining its fundamentals...
#FiscalRules


📉 Do the UK’s fiscal rules need to change? 📉
No set of #FiscalRules or fiscal institutions will ever be perfect. So it’s important that we keep questioning them.
Today we’re publishing our evidence to the Lords Economic Committee, which sets out several ways to improve the current approach. Our suggestions include:
✅ Moving away from fixed numeric targets towards more judgement-based decisions, allowing greater flexibility and responsiveness to the economic cycle, and reducing the tendency to fixate on short-term fiscal headroom
✅ Creating a distinct ‘preventative’ category of spending, with the fiscal rules targeting a balanced budget in the current spending category, potentially excluding those prevention budgets
✅ Implementing greater fiscal devolution so that not all the strain is being taken by the centre
Check out Chief Economist Dan Corry’s blog for more: 👇
https://t.co/uRaORND5wy

Markets freaking out over Iran war, $100+ oil, AI bubble fears & private credit cracks.
But zoom out: US "LLC" debt just hit ~$39 TRILLION
Debt-to-GDP ~125% (highest since WWII)
Long-term solvency? The real storm brewing.Priorities, people
#USDebt #Markets #Economy #FiscalRules

#WeekendWatching🔖 Our pre-#Budget video with Director David Aikman outlining where the actual issues lie, how to address the fiscal gap in the public finances, and the role of #fiscalrules ⬇️🎥
#Budget #AutumnBudget #UKeconomy #Chancellor
📘 Our new EMPN publication on #Norms Behind #Numbers
Europe’s #FiscalRules rely on a concept that isn’t as “technical” as it looks: #PotentialOutput.
Here’s why its legal foundations matter. 🧵

*NEW* pre-#Budget video with our Director David Aikman outlining where the actual issues lie, how to address the fiscal gap in the public finances, and the role of #fiscalrules ⬇️🎥
#Budget #AutumnBudget #UKeconomy #Chancellor
Great to participate in the @WorldBank workshop “Fiscal Policy in Emerging Markets & Developing Economies.” Grateful to the organizers (@frbennett13) and fellow speakers for a terrific discussion.
Full presentation:
https://t.co/GywUCznMbO
#FiscalRules #SovereignRisk

Proud to have co-led this new IMF Staff Discussion Note on fiscal rules. Link to the note below. (1/3)
#FiscalPolicy #Debt #FiscalRules
Fiscal rules are not new—but they’re more important than ever. With record debt and rising spending demands, countries need clear anchors, correction mechanisms, and oversight to keep public finances on track. Read the new IMF report on fiscal guardrails: https://t.co/1A4N0cnOHm

@shaahin_a More guilt than jealousy IMO. Labour hung between @RichardJMurphy and Meadway. Meadway won. His denial of MMT and promotion of #FiscalRules helped wreck all opposition to Tories, and helped turn the Labour Party into the corporate neoliberal party.
https://t.co/y4D90Eq60D
Pete Songi @Songicartoons on Rachel Reeves’s economic conundrum #RachelReeves #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules @Guardian - political cartoon gallery in London https://t.co/dePcTdnXF6

Peter Schrank @schrankartoons @thetimes on #RachelReeves #KeirStarmer #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules - political cartoon gallery in London https://t.co/dePcTdovuE

Dave Brown @DaveBrownToons @Independent on #RachelReeves #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules - political cartoon gallery in London https://t.co/dePcTdnXF6

Tomorrow's @Independent cartoon... #RachelReeves #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules

💡 New publication
Recently published in Journal of Economics: The fiscal and macroeconomic effects of fiscal rules
The paper studies effects on government debt, budget balances, public investment and economic growth.
#economics #fiscalrules #taloustiede
https://t.co/bjjfNj8aTt
🗓️-4 ⏳ #WeekendReading and countdown to the #SpendingReview
"Our #FiscalRules have acted to hold back our economic progress, and have led to a trivialisation of fiscal policy making"
Former Director @jagjit_chadha's #blog on British fiscal framework
https://t.co/VFEZkLYXkf
@AverofCY Η εαρινή έκθεση της Κομισιόν είναι ξεκάθαρη: σοβαρή διαρθρωτική απόκλιση στις δημόσιες δαπάνες του 2025.
Η κυβέρνηση αγνοεί τις προειδοποιήσεις.
Το πλεόνασμα των Ταμείων δεν είναι εργαλείο προεκλογικής διαχείρισης.
#EUeconomy #fiscalrules
A great pleasure to meet @eelcoheinen in the Hague today & discuss priorities for the #euroarea, the importance of budgetary coordination and our #fiscalrules, & the need to progress with urgency on deepening our #capitalmarketsunion and developing a #digitaleuro solution. 🇳🇱🇮🇪🇪🇺

#Germany refuses to rule out violating EU budget limit: Whether #Germany will flout the EU's #fiscalrules to boost defence spending will "be clarified in the next few weeks," said new finance minister Lars Klingbeil. https://t.co/8uNyTY9mig

#FiscalRules that must be reclaimed:
1. #LocationRent must be collected in full and distributed per capita via public spending/investment; and
2. production taxes must be abolished, i.e. on productive work, trade, innovation and improvement.
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