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Demographic influences on public spending

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  • Pearson, M
  • Micklewright, J
  • Smith, S

Abstract

The Government's public spending plans, outlined in the 1988 Autumn Statement and the 1989 Public Expenditure White Paper, project that total Government expenditure will grow by 1 3/4 percent per annum in real terms over the three years from 1988/89 to 1991/92. As a proportion of Gross Domestic Product (GDP), Government spending is projected to continue to decline, from 39 3/4 per cent in 1988/89 to 38 3/4 per cent in 1991/92. From the peak level of nearly 47 per cent in 1982/83, the share of GDP taken by Government spending would then have fallen by nearly one fifth in less than a decade.

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Bibliographic Info

Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.

Volume (Year): 10 (1989)
Issue (Month): 2 (May)
Pages: 48-65

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Handle: RePEc:ifs:fistud:v:10:y:1989:i:2:p:48-65

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