Fiscal Stimulus Paper

By: Shelter, NHF, LGA, TUC  Published: February 2009

The UK has played a leading role internationally in recognising the importance of fiscal stimulus measures in supporting the economy through the current downturn. Alongside tax cuts and benefit increases, a key aspect of this approach is additional public expenditure on infrastructure investment.


The purpose of this paper is to make the case for a programme of additional investment in new social housing and supporting infrastructure in England over a two year period as part of any further Government package to deliver a fiscal stimulus to the economy.  Developed in collaboration with the Local Government Association, Trades Union Congress and the National Housing Federation, the paper sets out proposals for what such a programme of investment could look like, explains why it is needed, and demonstrates how it could be delivered in order to have a rapid and high impact effect on the economy.


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