What should public spending look like?

<div>Here's what's clear: public spending is on the rise. Public expenditure ratios have quadrupled since 1870, and increased even more in the recent COVID-19 pandemic.<br> <br> </div> <div>Is that good or bad? What does responsible public spending look like? How should governments institute reforms in order to improve their public spending agendas?<br> <br> </div> <div>These questions are less clear. Bruegel's Director, <a href="https://www.bruegel.org/author/guntram-b-wolff/">Guntram Wolff</a>, sits down with Former Deputy Secretary-General of OECD, <a href="https://www.bruegel.org/author/ludger-schuknecht/">Ludger Schuknecht</a> to discuss the issues surrounding public spending in post-pandemic economies.</div>