| Titre | La politique budgétaire britannique | |
|---|---|---|
| Auteur | Jean-Jacques Santini | |
 |
Revue | Economie et prévision |
| Numéro | no 73, 1986/2 | |
| Page | 3-19 | |
| Résumé anglais |
Fiscal Policy in United Kigdom,
by Jean-Jacques Santini.
Since the second World War British economic policy, largely based on Keynesian theory, has relied essentially on fiscal policy to regulate the economy.
Since the beginning of the 1970s many observers have cast a critical eye on this approach and on the almost uninterrupted increase of the weight of public sector in the economy, which presumably explains most of british economic problems.
The coming to office of the Conservative party in May 1979 strenghened the pervasive influence of this school of thought. Reducing public deficits and the role of the State in the economy have since become the top priorities in British economic policy.
The aims of the present study are to analyse the broad outlines of this strategy, taking due account of the specific institutional context of the United Kingdom and to caractenze the dynamics of the major budget outlays for almost twenty years.
Despite major reforms affecting a large number of British institutions (privatisation, local council autonomy...), the role and content of fiscal policy and the increase in taxation and expenditure have only been slightly curbed. However, the full impact of these reforms cannot be assessed yet. The share of the public sector in the economy should decline in the coming years under the infuence of various factors such as large-scale privatisation or reduced government intervention, with the resulting repercussions on budgetary dynamics. Source : Éditeur (via Persée) |
|
| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1986_num_73_2_4919 |
