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Fiscal and monetary policies: the cutting edge of advocacy and research on population health and climate change

  • Y. Naik
  • , A. Brook
  • , J. Perraton
  • , P. Meier
  • The Leeds Teaching Hospitals NHS Trust
  • University of Sheffield
  • University of Glasgow

Research output: Contribution to journalComment/debatepeer-review

2   Link opens in a new tab Citations (SciVal)

Abstract

The recent pandemic, along with the pressing challenges of climate change and biodiversity loss, has led to increased recognition of the need for new forms of economic policy that prioritise people’s health and the environment. Macroeconomic policy includes fiscal and monetary policy. Fiscal policy involves choices around government revenue and spending and the balance between the two. Monetary policy includes setting interest rates and purchasing government securities or other assets. A wide range of such policies have been deployed following COVID-19. This article advocates complexity modelling as an innovative approach to study these policies given the multiple relevant mechanisms of effect. It then draws conclusions for future research priorities and public health action.
Original languageEnglish
Pages (from-to)325-327
Number of pages3
JournalPerspectives in Public Health
Volume141
Issue number6
Early online date24 Nov 2021
DOIs
Publication statusPublished - 30 Nov 2021

Funding

The author(s) disclosed receipt of the following financial support for the research, authorship and/or publication of this article: PM was supported by the UK Prevention Research Partnership SIPHER Consortium (MR/S037578/1, Meier). PM also receives funding from the UK Medical Research Council and Chief Scientist Office grants MC_UU_00022/5 and SPHSU20. All salaries were paid by respective employers, no other funding was received for this work and funders did not have a role in the manuscript.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 3 - Good Health and Well-being
    SDG 3 Good Health and Well-being
  2. SDG 13 - Climate Action
    SDG 13 Climate Action

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