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We must do more to protect the indispensable yet insecure internet infrastructure provided by undersea cables, urges Rishi Sunak MP in a new report published by Policy Exchange, Undersea Cables: Indispensable, insecure. 97% of global communications and $10 trillion in daily financial transactions are transmitted not by satellites in the skies, but by cables lying deep beneath the ocean. Undersea cables are the indispensable infrastructure of our time, essential to our modern life and digital economy, yet they are inadequately protected and highly vulnerable to attack at sea and on land, from both hostile states and terrorists.
This new Policy Exchange report, published today — written by Economic and Social Policy Research Fellow, Jonathan Dupont — recommends that the UK should double the proportion of its international aid budget spent on research and development, in order to solve the most pressing global challenges and support the Government’s Industrial Strategy. George Freeman MP, Chair of the Conservative Policy Forum, has written a Foreword for the report.
Nearly three quarters of the British public want the big internet companies to do more to locate and delete extremist content and believe that they are not doing enough to combat radicalisation, according to polling conducted for Policy Exchange’s latest report The New Netwar: Countering Online Extremism. Commenting on this Policy Exchange study, Home Secretary Amber Rudd noted on her Department’s official website that “We know that Daesh pose a threat online and this report helps to highlight the scale of the issue.” The report received widespread domestic and international media coverage: General David Petraeus, who wrote the report’s Foreword, appeared on the Today programme and wrote for the Times. Dr Martyn Frampton’s broadcast appearances included Good Morning Britain, BBC World Service, Radio 5 Live and LBC.
In a new report published last week, Policy Exchange stresses the vital role of Parliament in shaping debates about Britain’s place in the world, and urges the building of greater cross-party consensus on foreign policy. It stresses the role of the Defence and Foreign Affairs Select Committee in the context of a hung Parliament. The report was published alongside a new database of MPs’ voting records on key issues of national security since 2010, as well as their constituency positions on Brexit — the most detailed resource of its kind ever created. In a Foreword to the report, Tom Tugendhat MP, the new Chair of the Foreign Affairs Select Committee said, ‘Policy Exchange is at the forefront of new thinking about national security and the UK’s place in the world’. The report was covered in The Daily Mail.
Following the Prime Minister’s visit to Japan last week, Policy Exchange’s Britain in the World Project publish a report by unit head John Bew and David Martin Jones, Visiting Fellow at Policy Exchange. They advise that Asia is of growing strategic importance to the UK’s long-term prosperity but this is likely to mean more involvement in the region’s security problems. The first principle of UK involvement in Asia must be to bolster existing alliances and to preserve the existing international order, but it must be understood that this is likely to cause tension when it comes to relations with China.
This major new Policy Exchange report sets out the once in a generation opportunity that Brexit offers our nation to reform its agricultural and environmental policy. Since 1973, UK farm and food policies have conformed to the rules and objectives of the Common Agricultural Policy (CAP) — the EU’s principal policy programme. Doing so has, at great expense, reduced Britain’s agricultural productivity by lessening competition and supporting inefficient farmers. It has also increased costs for consumers. This report outlines opportunities to improve policy by focusing on four main interest groups: consumers, producers, the wider rural economy, and the environment. This report offers timely and comprehensive analysis and answers to some of the most pressing policy questions of our day.
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”.
In a flagship new report for Policy Exchange, former senior Irish Ambassador Ray Bassett argues that a failure to reach a benign compromise between the EU and the UK in Brexit negotiations risks seriously damaging the Irish economy. So far, the Irish Government has sided firmly with the EU27, but Bassett believes this may be a mistake given how intimately the Irish and British economies are connected. In the event of the UK leaving the Customs Union and the Single Market, Ireland may be forced to follow suit, potentially even seeking its own “Irexit”.
The Government should establish a new Energy Efficiency Delivery Unit and Energy Performance Certificates should be linked to business rates to incentivise landlords to invest more in energy efficiency, according to Clean Growth, the new report from Policy Exchange’s influential and expert Energy and Environment team. The report calls for a new approach by Government to encourage investment in business energy efficiency to reduce carbon emissions and improve business productivity. Existing tools like the Energy Saving Opportunity Scheme can be much better used – and must be extended to public sector institutions like the NHS and MoD.
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.