Economics & Social Policy

  • Economics & Social Policy

    "taking responsibility"

    By encouraging responsibility by individuals, government and business we believe that growth can be secured, public services improved and better outcomes delivered for families across the UK.

    Read more about the unit here

    About Economics & Social Policy
  • Joined Up Welfare

    Joined Up Welfare shows that the UK's system for helping people into work is in urgent need of reform and proposes a radical new structure centred around the specific needs of the individual. A new system would enable private companies and charities to compete with government providers to offer more personalised and specialist support to jobseekers.

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    Jobseekers
  • Taxing Jobs

    Taxing Jobs argues that because pay and productivity have remained strongly linked over the course of the recession, wages will begin to rise and productivity will improve as employers take on more staff. Providing a boost to the labour market in the form of a cut to the payroll tax for businesses would speed up the rate at which companies take on more staff. This would reduce unemployment more quickly and force employers to improve productivity and therefore pay among their workforces.   Read more

    Jobs, Growth and Pay
  • Smarter Sanctions

    Policy Exchange sets out a more compassionate, but stricter, regime for those breaching their welfare conditions. With as many as 68,000 people a year having their Jobseeker's Allowance unfairly withdrawn, we call for benefits to still be made available through a 'benefit card' for first time offenders to prevent unnecessary hardship. We also call for more stringent penalties for people who consistently break the terms of their job search requirements.   Read more

    Sanctions
  • Child Poverty Strategy adopts Policy Exchange proposals

    Recommendations for helping lone parents into work from our Parenting Alone report have been taken forward in the government's draft Child Poverty Strategy. This will see additional support provided through Universal Credit so lone parents can keep more of their earnings before their benefits start being withdrawn, as well as bespoke employment support from JobCentre Plus. Read more

    Lone Parents

Latest Economics & Social Policy In the news

  • 23 July 2014 | Jobcentres are no longer fit for purpose and are letting young people down

    • David Lammy MP writes in The Guardian supporting Policy Exchange's new report Joined Up Welfare. He backs the report's calls to abolish the current jobcentre system and refocus on a system more tailored to individual needs, and to separate the employment services part of Jobcentre Plus from the rest of it.

  • 21 July 2014 | UK job centres should face competition, says think tank

    • City A.M. reports on Policy Exchange's recent Joined Up Welfare report. The report states that only 36% of jobseekers find long-term employment and that more often than not it is those facing multiple challenges, including mental health problems, who are failed by the current system.

Latest Economics & Social Policy Publications

  • 21 July 2014 | Joined Up Welfare: The next steps for personalisation

    • Joined Up Welfare shows that the UK's system for helping people into work is in urgent need of reform and proposes a radical new structure centred around the specific needs of the individual. A new system would enable private companies and charities to compete with government providers to offer more personalised and specialist support to jobseekers.

  • 24 June 2014 | The Global Economy: Prospects for growth and assessing the UK’s position

    • By 2050, global output is projected to treble, with two-thirds of growth coming from emerging economies. The developed world will have to change radically if it is to adapt to this new environment successfully. To realise the opportunities of the next four decades successfully – for the developing world to adapt to dramatic social and economic changes, and for the developed world to face its structural, fiscal and demographic challenges and ‘pay its way’ in the years ahead, it is vital that these long-term issues are addressed.

Latest Economics & Social Policy Blogs

  • 22 July 2014 | A bold plan to make welfare more personalised and responsive

    • Ruth Porter, Head of Economic & Social Policy at Policy Exchange, outlines the recommendations made in our recently published report Joined Up Welfare. The report calls for a more personalised approach to welfare provision to ensure that jobseekers with multiple challenges to finding work are provided with the right support.  It argues that private companies, charities and the employment services part of Jobcentre Plus should be allowed to compete to provide support to jobseekers because, as Ruth argues, competition drives improvement. 

  • 20 July 2014 | What are the Tories' election plans?

    • Ruth Porter, Head of Economic & Social Policy at Policy Exchange, looks at what last week’s Cabinet reshuffle might reveal about David Cameron’s plans for the 2015 general election. Ruth highlights the promotion of Liz Truss and Michael Fallon who are both “adept media performers” and could play an important role in campaigning ahead of the election.  She also argues that David Cameron will focus on how fixing the economy is a two-term project, which is why George Osborne has been left as Chancellor. 

Latest Economics & Social Policy Event

  • 07 July 2014 | Rise of the Robots: What skills will we need in the future economy and how do we get them?

    • With computers and robots increasingly threatening to take over ever yet more types of job, Policy Exchange seeks to consider key factors in this debate. How will technology change the shape of the future workplace? What will these changes mean for digital skills? And does this present an opportunity or threat for the British economy as compared with other countries?

  • 24 June 2014 | Brave New World: Is the UK prepared for the future global economy?

    • This event will look at how best to prepare the UK for the future global economy. It will consider key questions such as the fiscal challenges facing the UK in an increasingly globalised world, the effects of global trends in innovation, growth and consumption and how government policy might best facilitate the growth of goods and services exports in new markets.