Centre for Vocational Education Research LSE RSS Email Facebook Twitter

Abstract:

Blog
Monetary financing: why the government should not be worrying about the deficit
Alan Manning
October 2020
Paper No' :


Tags: covid-19; deficit; uk economy

Alan Manning writes that government should stop worrying about the current deficit, financing it less by issuing debt though being clear that this is a temporary policy for exceptional circumstances. He explains how monetary financing works and the policies the government ought to pursue in order to maintain the level of economic activity in the parts of the economy still open.