Fiscal Policy

Fiscal Policy statement cover
2021
The British Academy
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The UK is the host of this year’s G7. In recognition of this, the British Academy has convened a virtual forum of SSH7 – social science and humanities representative bodies of every country in the G7. Our world-leading humanities and social sciences sectors across the G7 are coming together to provide a global platform for this research excellence and for the vital contribution these disciplines can bring to major societal, behavioural and environmental challenges of today. We have agreed a series of statements on one of the greatest challenges we face, namely the COVID-19 pandemic and our recovery from its impacts.

The statement has been developed with thanks to Richard Blundell, Carl Emmerson and Helen Miller at the Institute for Fiscal Studies in the UK for their expertise and support.

The statement includes recommendations concerning fiscal support, fiscal stimuli, recovery measures, structural challenges, tax reform, environmental taxes as well as public debt management.

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