During the recent pandemic, unprecedented public spending was required to help tackle the deadly disease and minimise its economic fallout. But faced with heightened uncertainty, rapidly changing conditions, and imperfect information, fiscal transparency was perhaps not at the forefront of politicians’ minds when making important public investment and spending decisions.
Post-pandemic, in the middle of a cost-of-living crisis, and on the edges of a recession, there is a greater desire to understand the government’s fiscal position and policies. In order to understand exactly what’s going on, a degree of fiscal transparency – which refers to the publication of information on how governments raise, spend, and manage public resources – is needed.
We are joined by Dr Mike Seiferling, Assistant Professor in Public Finance here in the Department of Political Science at UCL and an expert (and former economist) at the IMF. Mike discusses the cost of non-transparency, and the importance of citizen engagement and civil society organizations in promoting fiscal transparency and accountability in government asset management.
Mentioned in this episode:
UCL’s Department of Political Science and School of Public Policy offers a uniquely stimulating environment for the study of all fields of politics, including international relations, political theory, human rights, public policy-making and administration. The Department is recognised for its world-class research and policy impact, ranking among the top departments in the UK on both the 2021 Research Excellence Framework and the latest Guardian rankings.
The UK Healthcare Crisis
Responding to Civilian Harm in Millitary Conflicts
Do Protests Affect What Politicians Say?
Settling Disputes Between Governments and Investors
Death Threats and Online Content Moderation
Managing Diversity Amongst the EU Member States
The Battle for LGBT+ Rights
How Parliaments Question Prime Ministers
The Future of Power-Sharing in Northern Ireland
Improving Public Services
Russian Discourses of Sovereignty
Historical Research in Political Science
Climate Change Loss and Damage
'Acts of speech' and how people recieve them
The Domestic Politics of IMF Lending
The Politics of Migration
Backyard Housing And The Dynamics Of Collective Action
Taking Offence
The State of US Politics
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