Experts from the Fiscal Studies Institute are calling for a fundamental reassessment of the United Kingdom's approach to fiscal regulation. Instead of the current binary system of approval or rejection, they propose a more sophisticated framework based on a "traffic light system" principle, which would allow for a more nuanced assessment of economic policies.
This proposal responds to the problematic policy-making of recent years, characterized by rigidity and a lack of flexibility. The new system would provide more room for gradual evaluation of fiscal measures and their impacts on economic s
View Original