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| Name | How the UK government finances its spending: an Accounting Model of the UK Exchequer. |
| Video Uploader | Video From UCL Institute for Innovation and Public Purpose |
| Upload Date | This Video Uploaded At 18-03-2021 15:09:05 |
| Video Discription | This presentation was given on the 12th March 2021 at a seminar run by the UCL Institute for Innovation and Public Purpose chaired by Josh Ryan-Collins, IIPP Head of Finance and Macroeconomics and organised by Asker Voldsgaard, PhD student at UCL IIPP. In this presentation, Andrew Berkeley presents the results of a detailed study of the UK public finances, co-authored with Richard Tye and Neil Wilson, in association with the Gower Institute for Modern Monetary Studies (GIMMS). The report is called ‘An Accounting Model of the UK Exchequer’ and examines where money for public spending comes from in the system of public finance. The authors conclude that the government’s ‘Consolidated Fund’ is the ultimate source of funding in the UK. Consequently, the UK government is not dependent on financial market actors in order to spend nor on its ability to raise taxes from the private sector. Link to report: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ Link to blog by Neil Wilson: https://new-wayland.com/blog/uk-government-spending-gory-details/ |
| Category | Education |
| Tags | Education Download MP4 | Education Download MP3 | Education Download MP4 360p | Education Download MP4 480p | Education Download MP4 720p | Education Download MP4 1080p |
