Publications Archive

Policy Exchange

September 4, 2012

by Matthew Oakley

Mind the Gap examines how public and private wages differ in local areas. It demonstrates a complex picture of mismatches between the wages one might expect individuals to receive based on their characteristics and types of job, and the public sector wages they receive: pay differentials vary dramatically both across and within regions and across the pay distribution.

by Ed Holmes and Matthew Oakley

Rebalancing the pay and pensions of public sector workers so that they are in line with that of equivalent workers in the private sector would save £6.3 billion a year in public spending. This money would be better spent on tackling local unemployment and could create at least 288,000 private sector jobs in some of the areas of the country suffering most from the impact of the recession.

August 20, 2012

by Alex Morton

Selling expensive social housing as it becomes vacant could create the largest social house building programme since the 1970s. The sales would raise £4.5 billion annually which could be used to build 80,000-170,000 new social homes a year and create 160,000-340,000 jobs a year in the construction industry.

July 19, 2012

by Guy Newey

Something in the Air shows that air pollution is Britain’s invisible environmental problem. It is comparable to obesity and alcohol and second only to smoking as a public health problem, but gets far less attention. Yet some government policies, such as encouraging diesel vehicles in cities, are making the problem even worse.

July 4, 2012

by James Barty

All company directors should be forced to repay bonuses if they underperform. Executive Compensation advocates introducing “clawbacks” to all bonus contracts as the best way to end rewards for failure in the boardroom. Clawback would also be an effective way of ensuring shareholders are able to reduce the outgoing pay of a poor performing director who had decided to resign.

July 3, 2012

by Chris Yiu

The Big Data Opportunity shows that better use of data, technology and analytics could help the government save money by improving efficiency rather than reducing service levels. Applying cutting-edge data and analytics in the UK public sector could generate potential savings of up to £16–£33 billion a year.

June 20, 2012

by Matthew Tinsley

Too Much to Lose finds that the valuable contribution that older workers – who at 8.3 million make up a quarter of the workforce – make to the economy is often ignored. The report makes recommendations for better helping unemployed older workers back to work, and to support individuals’ opportunities later in life.

Policy Exchange

June 8, 2012

by Simon Less and Guy Newey

Fuelling Transition says the electricity market needs to be allowed to invest in gas as a transition fuel, subject to a long-term EU emissions cap. Extending the EU cap to 2035 would give greater certainty to investors, allowing the market to decide which technology has the most potential to deliver emission reductions at the cheapest cost.

Policy Exchange

May 29, 2012

by Policy Exchange

On 29 May Policy Exchange held a roundtable discussion on Retail Market Reform and the future shape of the domestic energy retail market. The discussion included experts from academia, large and small energy suppliers, consumer groups, government and the energy regulator. This publication is a summary of the remarks made at that event.

May 11, 2012

by Simon Less

The planning system is failing to protect some of England’s most threatened wildlife and important habitats. Nurturing Nature finds that mechanisms designed to protect England’s natural environment and compensate for any damage to it are haphazardly applied and woefully monitored.

Policy Exchange

March 22, 2012

by James Barty

Sovereign default has become a reality in Greece with profound implications for the rest of the Euro Area and the international financial system. This paper looks at what lessons can be learnt by examining the last major sovereign default in Argentina 2002.

Policy Exchange

March 15, 2012

by Chris Yiu

Financing Innovation argues that the government should concentrate efforts on removing barriers for innovative small businesses by allowing them to bypass all the current complexity on charges, reliefs, rates and exemptions and instead deal with a simple flat tax.

March 14, 2012

by Policy Exchange

Father Figures reveals that the Child Support Agency has tended to put more emphasis on collecting child support from fathers who are working, ignoring those on benefit who are only required to contribute £5 a week. The report recommends imposing work obligations on these men and cutting their benefit if they don’t comply.

Policy Exchange

March 6, 2012

by Chris Yiu

A Right to Data says that all non-personal data held by the public sector should be made available to the public for free. Opening up public data so that it can be linked, analysed and made useful could provide a huge economic and social boost, with some estimates suggesting that the upside for the economy could run into the billions of pounds.

Policy Exchange

February 29, 2012

by Edward Boyd

Police Officer Pensions: Affordability of current schemes reveals that the cost of police officer pensions has increased markedly over the past 15 years from under £1 billion in 1995/6 to £2.5 billion in 2009/10 and recommends the development of a New Model Police Pension scheme that is more affordable for officers and taxpayers alike.

February 24, 2012

by Simon Moore and Simon Less

Gas Works? says that the government is “unnecessarily gambling with billpayers’ money”. It says that the UK’s energy generation plans are based on forecasting future gas prices which is a flawed strategy, potentially resulting in the UK missing out on the potential economic and environmental benefits of shale gas.

February 22, 2012

by James Groves

This report says that the government should consider allowing private companies to set up and run schools under a social enterprise model. Allowing private providers to take over the running of publicly run schools will create new places at a time when there is a severe shortage in many parts of the country.

Policy Exchange

January 18, 2012

by Simon Less

This report accuses the Government of not clearly presenting the full impacts and costs of climate and renewable energy policies on households, and outlines how the UK could meet its carbon targets while saving households hundreds of pounds.

Policy Exchange

by Simon Less

The current policy of subsidising select UK ‘green’ industries is based not on the subsidies for such selected sectors being the best way to reduce carbon emissions, but that a principal objective of these public subsidies is to promote UK growth, exports and employment. This is a big gamble, with renewables policies costing tens of billions of pounds more than necessary to meet 2020 carbon reduction targets.

Policy Exchange

January 1, 2012

by Policy Exchange

Traditional thinking aligns economic growth with happiness. Conclusion: we’re in for a long dose of unhappiness. But the outlook for Britain need not be depressing. If governments, organisations and individuals responded with a new way of thinking, it would boost happiness and well-being.

Policy Exchange

December 28, 2011

by Ed Holmes

This report makes recommendations for a policy framework that can identify and monitor of early warning indicators that signal increased vulnerability in the financial system, and that can rapidly employ policy tools to address these vulnerabilities.

Policy Exchange

November 30, 2011

by Matthew Oakley

November 28, 2011

by Matthew Oakley

Looking to the Future of Growth brings together a collection of essays from experts in Policy Exchange as well as from business and industry. Each lays out the author’s views on the blockages to growth and makes suggestions for where Government policy must focus.

November 23, 2011

by Alex Morton

Cities for Growth sets out how reforming planning laws and the development of new ‘Garden Cities’ can both solve our housing crisis and boost economic growth.

by Policy Exchange

This publication is a transcript of Lord Howard’s speech at the Christopher Kingsland Memorial Lecture. Lord Howard argued in favour of reform of human rights legislation and bringing rights back from Strasbourg.

November 7, 2011

by Gavin Lockhart and Blair Gibbs

From the Ground Up: Promising criminal justice projects in the US and the UK examines successful demonstration projects in the UK and the US that are attempting to reduce crime, drug use and incarceration, among other challenging goals.

October 17, 2011

by Matthew Oakley

Something for Nothing is the third report in our welfare reform series. The report calls for a new points based system for Jobseekers Allowance that recognises different ‘job-search’ activities that claimants are required to carry out each week.

September 16, 2011

by Ed Holmes and Matthew Oakley

Personalised Welfare: Rethinking employment support and Jobcentres notes serious problems with Jobcentre Plus. JCP’s job search database is severely dysfunctional and JCPs advisers are hamstrung by poor use of information, which gives them only very basic information about the claimants they are trying to help.