Fenn, Paul; McGuire, Alistair - In: Oxford Review of Economic Policy 10 (1994) 1, pp. 1-17
The paper applies an approach to medium-term policy-making that emphasizes the case for tax-rate smoothing to the present situation of the European community and particularly the U.K. within it. U.K. attempts since 1960 at a medium-term framework for policy are reviewed, as is the erosion over...