Squaring the Circle

There are major uncertainties in forecasting the level of public expenditure in the UK. Yet there is a great deal of pressure on the government to be seen to be meeting its spending targets. This paper sets out to explain the ways in which predictive uncertainty has been reconciled with the need to be seen to be controlling public expenditure in the past few years. After first outlining the causes of uncertainty, the paper shows that there are a wide range of methods for dealing with it, more than might be supposed, and many of these have been used in recent years

Control (management · Econometrics · Economics · Government (linguistics · Government Expenditure · Macroeconomics · Management · Political science · Politics · Public economics · Public expenditure · Public finance · Public spending · demographic modeling and climate adaptation · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Law

• Public Expenditure In The UK Since 1976

  Open Access•Colin Thain•Public Policy and Administration•1988

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