This new edition incorporates revised guidance from H.M Treasury which is designed to promote efficient policy development and resource allocation across government through the use of a thorough, long-term and analytically robust approach to the appraisal and evaluation of public service projects before significant funds are committed. It is the first edition to have been aided by a consultation process in order to ensure the guidance is clearer and more closely tailored to suit the needs of users.
Dated October 2007. The publication is effective from October 2007, when it replaces "Government accounting". Annexes to this document may be viewed at www.hm-treasury.gov.uk
A series of photographs taken by Mark Power between December 2000 and July 2002 at HM Treasury, Whitehall, London, documenting the refurbishment of the Treasury buildings.
Based on the findings of a commission chaired by James Mirrlees, this volume presents a coherent picture of tax reform whose aim is to identify the characteristics of a good tax system for any open developed economy, assess the extent to which the UK tax system conforms to these ideals, and recommend how it might be reformed in that direction.
This authoritative guide to the transformation of the Bank of England into a modern inflation-targeting independent central bank examines a revolution in monetary and economic policy and the modernization of British institutions in the late twentieth century.
There is now clear scientific evidence that emissions from economic activity, particularly the burning of fossil fuels for energy, are causing changes to the Earth ́s climate. A sound understanding of the economics of climate change is needed in order to underpin an effective global response to this challenge. The Stern Review is an independent, rigourous and comprehensive analysis of the economic aspects of this crucial issue. It has been conducted by Sir Nicholas Stern, Head of the UK Government Economic Service, and a former Chief Economist of the World Bank. The Economics of Climate Change will be invaluable for all students of the economics and policy implications of climate change, and economists, scientists and policy makers involved in all aspects of climate change.
How can we know if the peace that has been established following a civil war is a stable peace? More than half of all countries that experienced civil war since World War II have suffered a relapse into violent conflict, in some cases more than once. Meanwhile, the international community expends billions of dollars and deploys tens of thousands of personnel each year in support of efforts to build peace in countries emerging from violent conflict. This book argues that efforts to build peace are hampered by the lack of effective means of assessing progress towards the achievement of a consolidated peace. Rarely, if ever, do peacebuilding organizations and governments seek to ascertain the quality of the peace that they are helping to build and the contribution that their engagement is making (or not) to the consolidation of peace. More rigorous assessments of the robustness of peace are needed. These assessments require clarity about the characteristics of, and the requirements for, a stable peace. This in turn requires knowledge of the local culture, local history, and the specific conflict dynamics at work in a given conflict situation. Better assessment can inform peacebuilding actors in the reconfiguration and reprioritization of their operations in cases where conditions on the ground have deteriorated or improved. To build a stable peace, it is argued here, it is important to take the measure of peace.
"On 23 June 2016, the British people will make the most important decision for a generation - whether the United Kingdom (UK) should remain a member of the European Union (EU). This document provides rigorous and objective economic analysis of the long-term impact of remaining a member of the EU compared to the alternatives. The HM Treasury analysis uses a widely adopted gravity modelling approach, which distinguishes the specific effect of EU membership and the alternatives from all the other influences that determine trade and foreign direct investment (FDI). The consequences for productivity and Gross Domestic Product (GDP) are then estimated based on the most relevant external evidence on the impact of trade and HM Treasury modelling of FDI. Through a range of realistic assumptions, many of them cautious, the HM Treasury analysis produces robust estimates, which are within the range of external studies."--Executive summary.
The UK economy is one of the most widely studied and monitored in the world. This book offers detailed analysis of and information on this major subject. Comprising an edited collection of papers presented to a European Commission seminar held in June 2010 to discuss prospects for the UK economy, the book includes chapters by some of the most prominent and respected commentators on the UK economy, including Christopher Pissarides, winner of the 2010 Nobel Prize for economics, Martin Weale, recently appointed to the Bank of England's Monetary Policy Committee and Dave Ramsden, Chief Economic Adviser to the Treasury. The chapters cover: fiscal policy and its impact on growth and wealth distribution monetary policy and the Bank of England's unprecedented stimulus programme a detailed decomposition of the sources of UK growth between 1973 and 2009 the structural excess of consumption that fuelled the UK's long boom the UK's labour market performance. The highly distinguished group of authors, coverage and analysis of issues central to recent UK economic history, along with the European Commission's assessment of UK economic prospects make this essential reading for economists, business and financial people, academics and students, as well for all those interested in the historical background of, and prospects for, the UK economy. Information in the chapters will be supplemented by a number of charts and tables offering information in graphic form.
