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TREASURY OCCASIONAL PAPERS

Treasury Occasional Papers are based on internal working papers and written to inform policy discussions. The papers are being released as part of the Open Government initiative. Responsibility for these papers rests with the authors. The views expressed do not necessarily coincide with those of HM Treasury. Information on how to obtain hard copies of the papers is provided beneath the index.

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INDEX

  • TOP 10 (11) Debt Management - Theory and Practice. The primary objective of UK debt management policy is to minimise cost over the long term, taking account of risk, whilst ensuring consistency with the objective of monetary policy. However defining what makes up the "optimal" portfolio to meet this objective is a difficult problem. The paper examine several theoretical approaches to the question.

 

  • TOP 10 Persistent Poverty and Lifetime Inequality: The Evidence. This report summarises presentations and discussion at a workshop on ‘Persistent Poverty and Lifetime Inequality’ organised by HM Treasury and chaired by John Hills, Director of the ESRC Resarch Centre for Analysis of Social Exclusion at the London School of Economics. It took place on 17 and 18 November 1998. The Treasury decided to hold this workshop to encourage debate and extend understanding of the causes of persistent poverty and inequality of opportunity, drawing on the large amount of new research using panel datasets. These new datasets make it possible to move from a static analysis of poverty and inequality to a dynamic focus. Looking at the dynamics of poverty and inequality of opportunity enables us to pinpoint the processes and events which lead people to be at greater risk of low income and poorer life chances. These data provide a much firmer underpinning for policies which aim to tackle these problems at source.
  • TOP- EMU Convergence and Timing This paper has been made available under the Open Government Code of Practice on Access to Government Information in response to a request to see the 'facts and analysis' behind the Cabinet decision of 23 January. Published: March 1997.
  • TOP8 Overseas Investment and the UK - explanations, policy implications, facts and figures. The purpose of this paper is to provide the background to the UK's role and interest in the international economic arena. In doing this it examines how the UK's involvement in overseas investment came about and the implications for UK policy. Published: June 1996.
  • TOP7 Invisible Earnings: The UK's Hidden Strength. This publication looks at invisible earnings, examining how the UK fares in this important but often overlooked area. Published: June 1996.
  • TOP6 Received Wisdom (Economic issues examined by the Panel of Independent Forecasters) The articles in this occasional paper are the special topic sections of reports submitted by the Panel of Independent Forecasters to the Chancellor from 1993 to 1995. Published: January 1996.
  • TOP5 Managing the Nation's economy - the conduct of monetary and fiscal policy. A speech by Sir Terence Burns, the Treasury's Permanent Secretary, at the Annual Lecture of the South Bank Business School, South Bank University. Published: January 1996.
  • TOP4 Public finances and the cycle. (Summary.) This paper updates an earlier analysis published in Treasury Bulletin (Vol 2 Issue 1 1990-91) on the effects of the cycle on the public finances. Published: September 1995.
  • TOP3 What has been happening to pay in the Public Service sector of the British economy? Developments over the period from 1970 to 1992. (Summary.) This paper examines public sector pay trends in-depth. Published: July 1995.
  • TOP2 Does Chinese experience provide lessons for economic reform in Russia? (Summary.) This paper considers what lessons for Russia are provided by the Chinese experience of economic change. Published: October 1994.
  • TOP1 Civil Service Staffing 1979-1994 (Summary.) This paper looks at Government policy, Public and Civil Service employment, along with the work and structure of the Civil Service. Published: October 1994.

information

Copies of the papers are available from:

The Public Enquiries Unit
HM Treasury
Room 110/2,
Treasury Chambers
Parliament Street,
London SW1P 3AG

Phone: 0171 270 4558
Fax: 0171 270 5244

Price: 2.50 pounds

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