Publications
Wednesday 3rd June, 2009
Controlling public spending: the scale of the challenge
By Andrew Lilico, Neil O'Brien & Adam Atashzai.
Government spending is growing far more quickly than in other countries, and faster than in previous recessions, think tank Policy Exchange today warns. A new report finds that the surge in spending is not being driven by the recession.
At most, 6% of the increased spending is going on public works, and just over a third is due to the rising cost of social security or debt. Instead of “investment”, most of the increase is due to a decision to spend more on consumption.
If you would like a hard copy of this research note for £4 + £1p&p then please email: janet.batterbee@policyexchange.org.uk
