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Comment, analysis, and debate by CEP researchers on today's economic and social policy issues.

Photograph of Dover port by Bernd Dittrich via Unsplash.com
Trump's tariffs will put post-Brexit trade policy to the test

Before Trump's inauguration there were questions over the potential consequences of his tariffs.
photo of Swati Dhingra, subject's own
Advice to young women economists: learn to say no and protect your time

To celebrate Women's History Month, Swati Dhingra shares her experiences, from India to British academia and the Bank of England.

Latest Blogs and podcasts

Blog
Strategic Management Society:
The cousin marriage tradition and how it affects business performance in Africa

In our new study, published in the Strategic Entrepreneurship Journal, we explore how a specific pre-colonial family institution - the tradition of cousin marriage - and the subsequent shocks of colonisation jointly impa...Read more...

Saul Estrin, Tomasz Mickiewicz and Peng Zhang

1 July 2025

Blog
Vox EU:
Export strength does not equal tech strength: Rethinking EU comparative advantage

Amid geopolitical shocks, the EU is revisiting its industrial strategy. However, traditional metrics often paint a misleading picture of Europe's underlying strength. This column uses a new approach to measure the EU's r...Read more...

Filippo Di Mauro, Marco Matani and Gianmarco Ottaviano

25 June 2025

Blog
LSE Inequalities:
The Easterlin Paradox revisited: New insights into money and happiness

Fifty years ago, Richard Easterlin asked a fundamental question: does getting richer make us happier? His work gave rise to the Easterlin paradox: while wealthier individuals tend to be happier than poorer people, as cou...Read more...

Andrew E. Clark, Richard Layard and Ekaterina Oparina

25 June 2025

Blog
Nature:
We need to predict the people disasters will hit, not just the places

Local authorities can deal with natural hazards more effectively if they know ahead of time who will be affected, writes Jonathan Colmer....Read more...

Jonathan Colmer

24 June 2025

Blog
Vox EU:
How the 2018/19 US tariffs against China boosted exports and employment in Mexico

In 2018 and 2019, the US administration hiked tariffs on imports from China. This column shows that imports from Mexico partly filled the gap, leading to an export and employment surge in Mexico. Using highly disaggregat...Read more...

Natalie Chen, Dennis Novy and Diego Solorzano

21 June 2025

Blog
Centre for Cities:
A review of the Green Book review

While correctly rejecting criticisms that existing guidance is biased, the latest Green Book review suggests changes that should improve appraisal and decision making....Read more...

Henry G. Overman

19 June 2025

Blog
Vox EU:
Hiroshima: Resilience of city structure after the atomic bombing

Cities have faced a host of shocks throughout history, including earthquakes, hurricanes, coastal flooding, and storm surges, as well as wartime destruction, such as in the current Russia-Ukraine conflict. This column lo...Read more...

Kohei Takeda and Atsushi Yamagishi

15 June 2025

Blog
World Bank blogs:
Tax incentives for R&D can spur innovation and growth - when done right

As the debate around industrial policy intensifies, there is broad consensus on the rationale for government support to encourage private sector innovation. Economy-wide returns from research and development (R&D) in the...Read more...

Matej Bajgar and Chiara Criscuolo

13 June 2025

Blog
LSE Inequalities:
Tariffs, automation and inequality: why US jobs won't return but developing countries will still lose

Headlines around Trump's sweeping tariffs have focused on trade wars, inflation and the geopolitical fallout. But a more profound shift is taking place, argues Viet Nguyen-Tien. Rather than restoring American jobs, these...Read more...

Viet Nguyen-Tien

10 June 2025

Blog
Vox EU:
The 2025 trade war: Dynamic impacts across US states and the global economy

In 2025, the US government announced a series of tariff increases targeting major trading partners, including Canada, China, and Mexico. This column estimates the economic consequences of these proposed tariffs to the US...Read more...

Andres Rodriguez-Clare, Mauricio Ulate and Jose P Vasquez

10 June 2025

Blog
Vox EU:
The US-China trade war created jobs (elsewhere)

In June 2016, Donald Trump justified the protectionist policies during his first administration as "the quickest way to bring our jobs back to our country". This column shows that while the trade war with China failed to...Read more...

Tiago Cavalcanti, Pedro Molina Ogeda and Emanuel Ornelas

9 June 2025

Blog
What works centre for local economic growth:
How to evaluate - Ask for help

Evidence-based policy is at the heart of good practices in policymaking. Impact evaluation provides a key source of evidence to help understand what really works and we need more impact evaluation of local economic growt...Read more...

Anamaria Tibocha-Nino

2 June 2025

Blog
Vox EU:
Fully remote work expands recruitment and boosts productivity

The Covid-19 pandemic sparked a large and lasting shift to remote work. This column draws on detailed administrative data from a major call centre in Turkiye to show that a permanent shift to fully remote work can expand...Read more...

Cevat Giray Aksoy, Nicholas Bloom, Steven J. Davis, Victoria Marino and Cem Ozguzel

1 June 2025

Blog
Economics Observatory:
China Crisis

Headlines about China are dominated by the vagaries of trade war with the United States. Beyond those battles, there are big issues around consumer spending, the real estate market, the Belt and Road Initiative, and the ...Read more...

Ashley Lait and Romesh Vaitilingam

30 May 2025

Blog
Academy of Social Sciences:
Closing the UK's productivity gap requires targeted investment

Aadya Bahl and Henry Overman discuss the difficult but essential decisions the UK Government must make to target investment strategically so that we can close the country's productivity gap and create economic growth. In...Read more...

Aadya Bahl and Henry G. Overman

27 May 2025

Blog
LSE Europp:
Cultural exception? Why regulating the book market contradicts conventional wisdom about competition

Fixing retail book prices is a common policy in Europe, but how does preventing competition affect booksellers and buyers? Christos Genakos, Lorien Sabatino and Tommaso Valletti find that when the ability to offer custom...Read more...

Christos Genakos, Lorien Sabatino and Tommaso Valletti

26 May 2025

Blog
LSE British Politics and Policy:
Rethinking public investment in Greater Manchester's regeneration

Manchester United's proposed new stadium comes with a hefty price tag, and uncertainty over who will pay for it. Aadya Bahl argues that public funding for such projects might compete with Greater Manchester's broader eco...Read more...

Aadya Bahl

23 May 2025

Blog
Competition Policy International:
Competition-Friendly Industrial Policy

Industrial policy, essential for addressing market failures, encounters concerns regarding protecting inefficient firms. We advocate for competition-friendly industrial policies, underscoring the complementary relationsh...Read more...

Philippe Aghion, Mathias Dewatripont and Patrick Legros

21 May 2025

Blog
LSE Politics and Policy:
The UK deals with India, USA and the EU are symbolic

The Labour Government is on a trade deal spree. After signing a free trade agreement with India, the UK made a pact with the US to remove some of the tariffs on UK car and aerospace exports, and finally a new agreement w...Read more...

Adam Butlin

21 May 2025

Blog
LSE Business Review:
Eugenie Dugoua: Data centres are the factories of our modern lives

Our lives today increasingly depend on data centres for simple activities like writing emails or watching videos. The arrival of large language models such as ChatGPT has caused a significant uptick in the use of digital...Read more...

Anna Bevan and Eugenie Dugoua

21 May 2025

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