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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.
In this major new report — by Policy Exchange’s Head of Energy and Environment, Richard Howard, alongside Matt Rooney, Zoe Begherbi, and David Charlesworth — the case is set out that the Government must take more action now to tackle the twin problems of greenhouse gas emissions and air pollution from road transport. Amongst other key findings, the report’s analysis reveals that hitting carbon targets will leave a £9-23 billion p.a. hole in tax receipts by 2030, and that official estimates of vehicle emissions and fuel efficiency are highly misleading.
A new paper from Policy Exchange’s Britain in the World project, examining the future of NATO. The paper argues that current events, from Russian aggression to the EU’s internal politics, mean that NATO is weakening at a time when security challenges are growing
A report by Jon Holbrook, barrister, and James Allan, Professor in the TC Beirne School of Law at the University of Queensland, which provides an analysis of the discourse on global governance that has arisen following the emergence of rights-based treaties.
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
New analysis of the Labour Force Survey by Policy Exchange shows for the first time that the most diverse occupations in England and Wales are taxi driving and dentistry – with farming being the least diverse. The picture that emerges is of a workplace where ethnically diverse occupations tend to be either low skilled jobs or highly skilled professional occupations.
Clarity in law is much more than an arcane pursuit. This short collection of essays examines the importance of ensuring that the legislation associated with education both supports the policy aims of the state and matches our understanding of high quality provision.
This report — written by Rebecca Lowe Coulson, Policy Exchange’s State and Society Research Fellow — shows that claims suggesting that income inequality has never been greater are not only societally divisive, they are also largely untrue. It also explains why income equality does not necessarily equate to high overall living standards, and explores how that relates to the duties of the state towards the least well off.
This report presents new research by Eric Kaufmann, Professor of Politics at Birkbeck University, which examines attitudes towards racism amongst British and American voters of different races and political persuasions.
Brexit presents a huge opportunity for the UK Government to develop a new approach to waste and resources policy. Rather than adopting the EU’s proposed ‘Circular Economy Package’, which would cost British businesses an extra £2 billion over the next twenty years, the British government should use Brexit to define our own approach.