Under pressure

Think tank: Resolution Foundation

Author(s): Krishan Shah; James Smith; Daniel Tomlinson

February 10, 2022

This report from UK think tank Resolution Foundation looks at managing fiscal pressures in the 2020s.

The 2020s are set to be a decade in which the spending pressures from ageing intensify, healthcare costs continue to rise, and the state needs to invest more to drive a rapid transition to net zero. These trends will play out against the backdrop of a decade of significant economic change that will place further pressures on the state to do more. This report assesses the demands on the state in the 2020s; considers what we can learn from the strategies employed to deal with past spending pressures; and evaluates these and other strategies available to governments over the next decade as they seek to manage existing and emerging fiscal pressures.