Economics & Social Policy
Latest Economics & Social Policy Publications
Policy Exchange today publishes ‘Global Britain, Global Challenges: How to make aid more effective’. The report makes a strong case for the importance of overseas aid and supports the Government’s commitment to spending 0.7 per cent of national income on aid. The report has a foreword by Scottish Conservative leader Rt Hon Ruth Davidson, MSP; she wrote for The Times today about why “Looking forward, a global Britain should both maintain its world-leading aid budget and be a champion for free trade”.
The models used to assess the economic impact of Brexit were misleading, according to new analysis by Dr Graham Gudgin, Policy Exchange’s new Chief Economics Adviser and the co-author of the report. At the time, the projections made by the Treasury, OECD and IMF were used by the then government and Remain campaign to argue that the British economy would face a significant and permanent loss of income in the event of a vote to leave. A careful analysis of the gravity trade economic models used to generate these pessimistic projections suggests that the impact of Brexit on our economy will be much less significant than the economic consensus constructed at the time of the referendum.
A commentary by Sir Geoffrey Owen, Head of Industrial Policy at Policy Exchange and former Editor of the Financial Times. Sir Geoffrey examines the reasons for US leadership in two key sectors, information technology and biotechnology, highlighting the important role played by new entrepreneurial firms
Latest Economics & Social Policy Blogs
Warwick Lightfoot — Policy Exchange’s Research Director and Head of Economics and Social Policy — reflects on present monetary policy challenges, to mark the twentieth anniversary of the Bank of England becoming independent and the creation of its Monetary Policy Committee. Lightfoot argues that the necessary starting point is to recognise that ‘monetary policy was at the heart of the monetary shock in 2007’, and that ‘the policies that have been successful in stabilising the macro-economy have thrown up complex microeconomic problems that will make future policy difficult’.
German Chancellor Angela Merkel will face her fourth general election next Sunday, 24th September. Opinion polls strongly suggest that she will win a fourth term forming a coalition with one or more of f the other parties. Attention will then shift to the policy...
Policy Exchange Director of Research & Head of Economics and Social Policy, Warwick Lightfoot, assesses the prospects for fiscal policy to correct the divergences of incomes within the Eurozone. The scope and scale of policy – even with a Eurozone Ministry of Finance and fiscal transfers will not be sufficient to offset the forces of monetary policy pushing in the opposite direction. Structural reform of labour markets, not fiscal policy, is the best way to improve economic prospects throughout the Eurozone.
Latest Economics & Social Policy News
Warwick Lightfoot – Policy Exchange Director of Research & Head of Economics and Social Policy – appeared on BBC Radio 5 Live Breakfast to discuss findings from new research which suggests household bills are rising more slowly than the rate of inflation.
Policy Exchange’s Warwick Lightfoot writes about Brexit’s effect on food prices, in the Daily Telegraph
Warwick Lightfoot — Director of Research and Head of Economics and Social Policy — reflects on a recent House of Lords’ report on the potential impact of Brexit on agriculture. He comments that ‘nowhere did [the report] recognise that protectionism drives food prices in the EU above world prices’, before concluding that ‘after Brexit, consumer welfare will be increased by access to the world’s most competitive suppliers and I believe we will see lower food prices’
Warwick Lightfoot — Policy Exchange’s Director of Research, and Head of Economic and Social Policy — appareared on BBC News to discuss Brexit on the day the UK triggers Article 50
Latest Economics & Social Policy Events
- Tuesday, 20 June, 2017
12:15 - 13:30
Policy Exchange was delighted to host a talk by Peter Cove on his strategy for ending poverty in the USA
Venue: Policy Exchange