Institutional development · Research, innovation and assessment · United Kingdom
Treasury to lower social discount rate for first time in 25 years after Exeter review
The University of Exeter reports that the Treasury will lower its social discount rate for the first time in 25 years, following a review by one of its economists.
Why it matters: The University of Exeter links a Treasury decision to cut the social discount rate, the first such cut in 25 years, to its economist's review.
The University of Exeter reports that the Treasury is to lower its social discount rate for the first time in 25 years.
According to the university, the move follows a review by an Exeter economist into how the Treasury evaluates public policy.
Editor’s view
Scott James, Research and Innovation Editor
If the Treasury proceeds as reported, its evaluation of public policy will use a lower social discount rate for the first time in 25 years, a decision the University of Exeter says came after its economist's review.
