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Blogs by Shruti Dayal

Shruti Dayal is a CPS Summer 2017 Economic Research intern. She graduated in 2017 with a degree in Economics (Hons.) from the University of Warwick, and is interested in working in consulting and research. 

  • The time to phase out unconventional monetary policy is now

    The time to phase out unconventional monetary policy is now

    | Fiscal Policy
    Following the 2007/8 global financial crisis, major central banks around the developed world resorted to the use of unconventional monetary policies. Most central banks – including the Bank of England (BOE), the Federal Reserve (FED) and the European Central Bank (ECB) - reduced interest rates to record lows. Some central ...
  • The drawbacks of the Financial Transactions Tax

    The drawbacks of the Financial Transactions Tax

    | Fiscal Policy
    The Financial Transaction Tax (FTT), popularly dubbed as the Robin Hood Tax, received large support from the Labour Party this election season. The party claimed that through the imposition of the FTT on derivatives, its government would be able to generate revenues of £26bn over the course of a 5-year ...
  • Unconditional Basic Income – innovative, but not implementable

    Unconditional Basic Income – innovative, but not implementable

    | Welfare Policy
    Unconditional Basic Income (UBI) is a scheme that has recently been gaining traction worldwide. Several trials of the scheme and its variations are set to take place in developed nations like Finland, Canada, and Scotland, and in developing nations like India and Kenya. The scheme would guarantee all individuals with ...