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Tag Archives: Economics & Ideology

UK Budget 2017 & OBR forecast: PRIME & Treasury Select Committee

On Wednesday 29 November 2017, PRIME's director, Ann Pettifor, gave evidence at the Committee's invitation to the UK Parliament's Treasury Select Committee, together with Professor Jagjit Chadha, Director, National Institute of Economic and Social Research and Paul Johnson, Director, Institute for Fiscal Studies. A verbatim report of the discussion can be found on the Select Committee's website here. Below we publish PRIME's written evidence to the Treasury Select Committee....

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Assessing the manifestos – the IFS fails the test

The “gold standard” for analysis of the economic policies of political parties was set by The Netherlands Bureau for Economic Policy Analysis (CPB), established by Jan Tinbergen, Nobel prize winner and, more substantial, member of the anti-Nazi resistance during World War II.  For decades before each election the CPB would assess the manifestos of all parties (see analytical review of the CPB).  Using its highly-respected and publicly available statistical model, CPB...

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