Policy area: Economics

Reports

The quantity theory of money: a new restatement

This report from UK think tank the Institute of Economic Affairs emphasises the importance of a broadly defined money aggregate in the determination of nominal national income and wealth. The overwhelming majority of economists were wrong in their forecasts about the consequences of the Covid-19 pandemic. They believed that it would result in years of...

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Rock bottom: low investment in the UK economy

This report from UK think tank IPPR discusses low investment in the UK economy. The UK’s investment performance is still worse than every other G7 country, new data shows. Compared to Japan, the USA, Germany, France, Italy and Canada, the UK languished in last place for business investment in 2022, a spot we have now...

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Nothing new under the sun

This report from UK think tank the Adam Smith Institute reflects on the economic problems facing young people in Britain today. For decades, the Adam Smith Institute (ASI) has been at the forefront of pushing policy recommendations that encourage the government to support working-age people, who have been disadvantaged by Government policy. Over 100 research...

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Cultural recovery evidence review

This report from UK think tank City-REDI brings together academic and policy literature relevant to the theme of cultural recovery. This report by James Davies, City-REDI, University of Birmingham and Abigail Gilmore, Arts Management and Cultural Policy, University of Manchester brings together academic and policy literature relevant to the theme of cultural recovery, drawing on...

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You do not exist

This report from UK think tank the Institute of Economic Affairs offers a fresh perspective on the George Orwell classic dystopia 'Nineteen Eighty-Four'. To celebrate the 75th anniversary of the UK publication of George Orwell’s classic dystopia Nineteen Eighty-Four (8 June 2024), the Institute of Economic Affairs (IEA) is republishing the novel with a new...

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Poverty stigma: a glue that holds poverty in place

This report from UK think tank the Joseph Rowntree Foundation offers a redefinition of poverty stigma and its role in making poverty socially acceptable. The UK is one of the wealthiest nations in the world, but ‘since the 1980s there has been an unprecedented rise in poverty’ in Britain, ‘which has never been reversed’ and...

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A second wind: maximising the economic opportunity for UK wind manufacturing

This report from UK think tank IPPR argues for a green industrial strategy for the wind sector that should focus on expanding the UK’s wind manufacturing. In terms of offshore wind capacity, the UK is second in the world only to China. Yet in the next seven years, the UK must install triple the amount...

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EU strategic communications to support sanctions against Russia

This report from UK think tank RUSI offers a data-driven analysis of the EU’s strategic communications on sanctions against Russia. This paper examines the question: How does the EU use strategic communications to persuade third countries to cooperate on sanctions? The paper analyses how the EU is using arguments linked to upholding values and appealing...

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Understanding Scotland Economy Tracker May 2024

This report from UK think tank The David Hume Institute looks at the economic outlook for Scots. As Scotland gears up for the General Election, the latest survey from the Understanding Scotland Economy Tracker series reveals that healthcare and the cost of living are at the forefront of Scottish voters' minds as they get ready...

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Key considerations: Alleviating chronic food insecurity in South Sudan

This report from UK think tank the Institute of Development Studies describes the scale of the food insecurity facing populations in South Sudan. The Republic of South Sudan has experienced chronic food insecurity for decades and particularly in the last five years. This chronic food insecurity is a result of a combination of factors, including...

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Debanked

This report from UK think tank the Institute of Economic Affairs examines the economic and social consequences of anti-money laundering regulation. Debanking became a news story in 2023 when Nigel Farage alleged that Coutts had closed his account because its executives disapproved of his political opinions. A study by the Financial Conduct Authority (FCA) revealed...

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Manufacturing matters: the cornerstone of a competitive green economy

This report from UK think tank IPPR makes the case for building green manufacturing in the UK. We make the case for building green manufacturing in the UK, and put forward a framework for how to make choices about which capabilities we most need. UK manufacturing has declined far more than other advanced economies in...

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A pre-election gloom

This report from UK think tank NIESR provides a quarterly economic forecast of the UK economy. Continued anaemic UK GDP trend growth, at about 1 per cent, together with inflation coming back to target, means that the winner of the next general election will have to raise taxes to maintain the existing provision of public...

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A minimum income standard for students

This report from UK think tank HEPI develops a minimum income standard for students. The Minimum Income Standard (MIS) is an approach developed by the Centre for Research in Social Policy (CRSP) at Loughborough University to determine how much money different groups in the population need to have for a minimum acceptable standard of living....

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Taking back control

This report from UK think tank the Centre for Policy Studies argues that the rate of legal migration in recent years has not delivered the expected positive economic outcomes. In 2022, the rate of legal immigration was 25 times the level of illegal migration – an inflow of 1.2 million people. While broad consensus exists...

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