Public Investment in Public Services
Public Investment in Public Services The UK's Labour government has been at pains to stress the importance of public investment on the grounds that it provides the infrastructure that is a prerequisite for improvements in output and growth and is necessary both to supply and to enhance public services. This note looks at Britain's public investment over the last 25 years and identifies trends in the various spending areas. "Twenty-Five Years of Falling Investment? Trends in Capital Spending on Public Services" by Tom Clark, Mike Elsby and Sarah Love is published by the Institute for Fiscal Studies.
By Institute for Fiscal Studies , UK.