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Congratulations to Dennis Novy, professor of economics at the University of Warwick and research associate in CEP's trade programme, who has been appointed as chief economist and director of analysis at the Foreign, Comm... Read more...
03 October 2025
Britain's cost of living crisis is being made worse by Brexit dragging down the country's growth potential and costing workers hundreds of pounds a year in lost pay, say researchers. The Resolution Foundation thinktank a... Read more...
22 June 2022
Britain’s departure from the EU has damaged its competitiveness and will cut productivity and wages over the next ten years. Instead of the expected effect of narrowly reducing exports to the EU, Brexit has “... Read more...
Restarting the Future, a new book by Jonathan Haskel and Stian Westlake, presents the idea that intangible assets, though hard to see and measure, are critically important to foster. ... Read more...
19 May 2022
Jonathan Haskel and Stian Westlake argue that capitalism can be revitalised by promoting ‘further investment’ in what they call ‘intangible capital’. ... Read more...
11 April 2022
Jonathan Haskel and Stain Westlake explain why the UK government's focus on funding overlooks many levers for innovation policy. ... Read more...
30 March 2022
Joint research from the Centre for Economic Performance and the Resolution Foundation suggests that financial officers expect the amount of workers moving from shrinking to growing companies will spe... Read more...
20 November 2021
Findings from the Resolution Foundation and the Centre for Economic Performance challenge the government’s view that levelling up poorly performing companies or poorer regions will raise productivit... Read more...
15 November 2021
A guest post by Fadi Hassan, a research associate at the Centre for Economic Performance at the London School of Economics and Ugo Panizza, a professor of economics and the Pitchet chair in finance and development at the... Read more...
20 December 2019
Some commentators argue that globalisation is systematically connected to the real-wage and productivity stagnation seen across the developed world. This column analyses the relationship between international trade and w... Read more...
01 October 2019
Another, Swati Dhingra, lecturer in economics at the London School of Economics, said that since the EU referendum, "the number of foreign investments and expansions… are showing disconcerting reductions."... Read more...
23 September 2019
On Brexit and the potential future trading options for the UK and the EU27. This interview was part of a larger piece for the 6 o'clock news programme. ... Read more...
17 September 2019
The winners of the 2019 WTO Essay Award for Young Economists are Jan Bakker of Oxford University and Federico Huneeus of Princeton University, who were ranked in equal first place by the Selection Panel. They will share ... Read more...
12 September 2019
A no-deal Brexit means that Britain will revert to WTO rules to trade with the EU and the rest of the world. This means import duties and various controls on trade, which economists at LSE's Centre for Economic Performan... Read more...
The OECD estimated before the referendum that a WTO Brexit could cost the UK up to 5.1 percent of GDP over 15 years. A study by the London School of Economics estimated a 9.5 per cent hit. ... Read more...
20 July 2018
Opinion – Letters to the Editor: Alastair Hamilton must acknowledge Brexit realities Writing in the Huffington Post Invest NI chief executive Alastair Hamilton has described the concern that Brexit... Read more...
07 March 2018
Business groups rule the global economy. Data show that about 70% of the global international trade is linked to multinational groups and about a third is linked to companies belonging to the same multinationa... Read more...
09 February 2018
Findings suggest that a mother’s personality has a big impact on the academic performance of teenagers, regardless of other factors. Academics assessed women’s “internal locus of control&rdqu... Read more...
08 February 2018
Related publications Locus of Control and its Intergenerational Implications for Early Childhood Skill Formation (pages 298-329) The Economic Journal Volume 128, Issue 608, February 2018 Warn N. Lekf... Read more...
05 February 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
With the UK due to leave the EU at 11pm on 29 March 2019, countries on both sides of the channel are figuring out what Brexit will mean for their economies. We speak to Panmure Gordon’s David B... Read more...
19 January 2018
Swati Dhingra of the Center for Economic Performance at London School of Economics (LSE) said "Inflation data provides the most useful information." She said the overall impact of uncertainty is more... Read more...
20 December 2017
CVER's Hilary Steedman and colleagues have been looking at training in one area of the automotive sector. Car Service is central to the supply chain of the wider automotive sector, identified as a le... Read more...
05 December 2017
Article by Henry Overman: With Brexit looming, we’ve been running a series of workshops with local areas to think about different policy responses and consider what the evidence says on effectiveness. On... Read more...
13 November 2017
“The inflation figures are the most informative,” says Swati Dhingra, at the Centre for Economic Performance at the London School of Economics. She says the impact of broad uncertainty has been har... Read more...
Tory whip writes to every vice-chancellor to ask for syllabus and any online material Academics are accusing a Tory MP and government whip of “McCarthyite” behaviour, after he wrote to all unive... Read more...
24 October 2017
A major impediment to clarity has been the weight of advice from what Michael Gove calls ‘organisations with acronyms’ suggesting that a ‘no deal’ on trade will greatly damage the... Read more...
13 October 2017
Too many economists have refused to take seriously the idea that Brexit has the potential to provide economic benefits to the UK. Before the referendum, Treasury economists assured the public that a vote to le... Read more...
28 September 2017
Professor of Finance and Economics, Kevin Dowd (Durham University), Professor David Paton (Nottingham University) and Professor David Blake (University of London) discuss how the UK can benefit from a free tra... Read more...
20 September 2017
Article by Nikhil Datta and Swati Dhingra: About half of Britain’s trade and investment is with the EU, and currently, as members, we implement almost the same standards for products and services. One of... Read more...
13 September 2017
The great majority of the economic forecasts have concluded that Brexit will damage the UK economy. In the case of ‘no deal’ between the UK and the EU, the majority view is that the loss of GDP cou... Read more...
08 September 2017
Research shows that policy uncertainty can drive down business investment by six to 10.5 per cent. To see how the election created uncertainty in B.C., the Fraser Institute created a proxy measure using newspa... Read more...
31 August 2017
The LSE quartet – professors Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen – do concede that there is, potentially, a very minor boost to going it alone. Their own model... Read more...
21 August 2017
The Center for Economic Performance estimated that in the case of such a scenario over the decade, trade would have fallen by 40 percent and average income by 2.6 percent. ... Read more...
14 August 2017
A new study forthcoming in the journal Economic Policy, based on a trove of data from 33 OECD countries over a 12-year period (2002-2014), finds that prices paid by consumers are higher in more concentrated ma... Read more...
08 August 2017
Research from the Bonn-based Institute of Labor Economics shows that the differences in individual workers’ pay since the 1970s is associated with pay differences between — not within — compa... Read more...
06 August 2017
06 July 2017
But the greatest potential trouble is on Brexit, with the constitutional uncertainty growing and economists laying out this week just what a hard or chaotic Brexit could mean for the economy: the pound droppin... Read more...
21 June 2017
The interview was about the negotiations on international trade between the UK and the EU that will follow once Article 50 has been triggered. In particular, the interview covered the strengths and weakne... Read more...
07 March 2017
Dennis Novy gave a live TV interview to Al Jazeera. The topic was the confirmation of Steven Mnuchin as the new U.S. Treasury Secretary. The interview covered the proposed U.S. tax reforms and how changes to f... Read more...
14 February 2017
Britain's economy made a decision after the brexit-lock braking. One-third of the companies that froze investment plans as a result of a decision. The collapse of the value of the pound sterling told the c... Read more...
26 January 2017
El predominio de las firmas de menos de 10 empeados es in obstaculo para la productividad e internacionalizacion Article by Luis Garicano, Claire LeLarge and John Van Reenen The prevalence of firms of le... Read more...
22 January 2017
"Trade agreements are based on have something to give to receive something in return. No one is making charity here", explains Swati Dhingra, academic center of economic behaviour of the LSE. ... Read more...
19 January 2017
Growth will slow, incomes will be squeezed and investment delayed, FT survey finds Question: ‘How much, if at all, do you expect UK economic growth to slow in 2017?’ Stephen Machin, professor... Read more...
02 January 2017
HUGE THREAT TO ECONOMY TO OVERSHADOW TORY BUDGET The Scottish National Party has said that the threat of a hard Brexit will be the ‘elephant in the room’ at the Autumn Statement. “The T... Read more...
20 November 2016
Dr Swati Dhingra interviewed, talking about the potential international implications of a Trump White House as well as initial reactions from (Brexit) UK. The interview was broadcast by CKWX News on the Ne... Read more...
16 November 2016
Dr Swati Dhingra on BBC News (19:35) commenting on PM Theresa May's speech on remaking globalization. [No link available.] ... Read more...
14 November 2016
The right way to leave the EU Article by Swati Dhingra On June 30, a week after the British public voted to leave the EU, Theresa May gave a speech launching her candidacy for prime minister in which she declared, ''Br... Read more...
21 October 2016
Ministers are at loggerheads over whether to quit the European customs union amid warnings it could mean a 4.5 per cent hit to GDP. Papers circulated at a meeting of the Brexit Cabinet committee apparently suggested tha... Read more...
19 October 2016
EU trade ministers have had Belgium on their minds today - but rather than tucking into chocolate and waffles they've been dealing with the more unappetizing problem of a regional Belgian parliament that's blocking thei... Read more...
18 October 2016
Foreign direct investment is also much more economically potent than the domestic variety. It brings with it new technological and managerial knowhow that can dramatically boost productivity, according to London School o... Read more...
17 October 2016
CEP research article previously published by Vox referenced in article published in PRC: [8]Swati Dhingra, Thomas Sampson: UK-EU relations after Brexit: What is best for the UK economy? This article was published onlin... Read more...
16 October 2016
Dennis Novy interviewed. The topic was the leaked Brexit analysis from the Treasury and the economic implications of Brexit, in particular for international trade. This interview was broadcast by Al Jazeera Television ... Read more...
11 October 2016
Brexiteers need to respect gravity models of international trade Furthermore, according to Swati Dhingra of the London School of Economics, gravity models do a good job of predicting actual trading relationships today. ... Read more...
01 October 2016
According to estimates by the London School of Economics, Brexit will result in a 22 percent drop in direct investment into the British economy and a 3.4 percent drop in revenues. This article was published online by ... Read more...
27 September 2016
EXCLUSIVE: An analysis by The Independent of official data suggests British exporters would face a cost of at least £4.5bn - and in all likelihood they would take a hit many times larger A separate analysis by th... Read more...
23 September 2016
With a major question mark: foreign groups continue to invest in the country? The Centre for Economic Performance at the London School of Economics estimated that membership of the EU has indeed increased foreign direct ... Read more...
21 September 2016
Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union. Ten weeks after the vote, though, some say the fearmongering was overdone. Although the pound has fall... Read more...
18 September 2016
Dennis Novy interviewed on the state of the British economy after the EU Referendum, and on the prospects for UK international trade negotiation. The interview was recorded by 1 Das Erste (German Public TV Channel) on ... Read more...
11 September 2016
Swati Dhingra, one of those who forecast severe damage to the economy, says the danger hasn't past. Warnings about the impact of Brexit were focused on what might happen when Britain leaves the EU, and that won't happen ... Read more...
07 September 2016
Dennis Novy interviewed. The topic was the Transatlantic Trade and Investment Partnership (TTIP) and the recent political backlash from France and Germany. The interview was broadcast on the BBC Radio 4 The World Ton... Read more...
30 August 2016
The reputed Centre for Economic Performance at LSE has long been studying the potential impact of the United Kingdom leaving the European Union, and just this last week it published its latest report. This report focuses... Read more...
05 August 2016
Article by Swati Dhingra and Thomas Sampson The UK should join the EEA and remain part of the single market, write Swati Dhingra and Thomas Sampson The UK has voted to leave the EU, but not in favour of any specific a... Read more...
The 23 June 2016 Brexit vote saw British voters reject membership in the European Union. This column introduces a new VoxEU eBook containing 19 essays written by leading economists on a wide array of topics and from a br... Read more...
01 August 2016
However, mounting evidence suggests that the gains from free trade are not shared equally. A body of research on the American economy shows that import competition from poor countries can depress the incomes of the low s... Read more...
30 July 2016
A feedback cycle has businesses cautious on investment and consumers unwilling to spend In a 2015 working paper, the economists Scott R. Baker, Nicholas Bloom, and Steven J. Davis constructed Economic Policy Uncertainty... Read more...
21 July 2016
The evidence is that foreign managers improve the companies they acquire A paper by Nick Bloom of Stanford University and others shows that the David Brents can learn from the Jack Welches: when they take over British f... Read more...
20 July 2016
Ahead of the Brexit vote, the great transnational institutions that have come to, if not govern, then certainly guide the post-World War Two order were all out talking apocalypse. Britain will ''almost certainly... Read more...
Overall, Brexit is likely to have a negative impact on inward FDI. New empirical analysis by Center for Economic Performance implies that leaving the EU will reduce FDI inflows to the UK by around 22 per cent. Such losse... Read more...
03 July 2016
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said that Britain's Brexit decision will have both short-term and long-term consequences. ''There is a lot of uncertainty ab... Read more...
01 July 2016
Less than a week after Briton's voted to exit the EU, the worlds second largest telecom company [Vodafone] has announced it is considering moving its headquarters from London to mainland Europe. Vodafone's warning could... Read more...
29 June 2016
Meanwhile, Director of the Center for Economic Performance at the London School of Economics, John Van Reenen tell Brexit will give a significant impact in the short-term period. ''Impending situation where business refu... Read more...
27 June 2016
- Lehman-kraschen kom fran ingenstans, sager John Van Reenen, London School of Economics till New York Times. Det har ar som en tagolycka dar du kan se tagen komma mot varandra pa avstand men hoppas att de ska kunna sty... Read more...
Millions of words on the topic - including economists' majority view that leaving the bloc will slow growth and the Leave campaign's counterarguments that Britain will prosper - could be replaced by seven charts. The... Read more...
John Van Reenen, Professor at the London School of Economics, said on Friday in an interview issued by the American channel CNBC that the companies ''will not want to take investment decisions because they have uncertain... Read more...
26 June 2016
The decision left the United Kingdom society of the European Union does indeed have fueled new uncertainty. ''Businessmen reluctant to take new decisions or affect investments, because of the uncertainty for the future,'... Read more...
24 June 2016
First views on the global economic impact of such episode refer to one (even minor) world growth rate. Thus for example claimed John Van Reenen of the London School of Economics, who said the effect ''disincentive'' to i... Read more...
Whenever share prices fall significantly investors should ask: is this because future dividends will be lower, or is it because risk aversion has increased? ... So, which of these explanations applies to the post-Brexi... Read more...
So we've decided to take a leap and vote to leave the EU. What is it going to mean for you and your money? We've voted. The decision has been made. We're out of the European Union, in a move that has triggered the Pri... Read more...
The world map has been redrawn with the rules of commerce across Europe, the largest marketplace on earth. Britain's vote on Thursday to leave the European Union has set in motion an unprecedented and unpredictable proce... Read more...
Swati Dhingra: ''Europe doesn't matter a good deal with the United Kingdom in the case of Brexit'' The British economy will go down between 1.4% and 2.6% in pessimistic scenario. And life won't be made easier with havin... Read more...
23 June 2016
Few expect that Britain's departure from Europe will set off a full financial crisis like the one seen after the collapse of the investment banking giant Lehman Brothers in 2008. ... If no deal is struck, the rules of t... Read more...
Research by the London School of Economics in the report ''Life After Brexit'' is warning Britain would most likely fall into recession if it leaves, as a myriad of agreements unravel over several years. French launch #O... Read more...
Foreign investment brings many benefits to the UK, including higher pay and productivity. But a Brexit vote could end it all, write Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. First, not being... Read more...
22 June 2016
And while some experts argue that FDI is high in the UK due to a favourable business environment, others, such as the Centre for Economic Performance at the London School of Economics, suggest that ''being fully in the s... Read more...
The economic impacts of Britain leaving the EU With the referendum fast approaching, Thomas Sampson analyses the economic consequences should Britain vote to leave the European Union. Proponents of Brexit, as leaving ... Read more...
21 June 2016
According to Thomas Sampson, assistant professor at the Department of Economics, London School of Economics and Political Science (LSE), an exit scenario would hit the country's economy really hard. Talking to Sputnik, h... Read more...
20 June 2016
The UK is also the top destination for foreign direct investment in Europe and ranked as one of the most attractive FDI markets in the world. But investment would tumble at least 22 per cent over the next decade in the e... Read more...
Thomas Sampson is from the London School Of Economics and has recently authored a paper called, Economists for Brexit: A Critique. He says Britain would be stronger by remaining in the EU. This interview was broadcas... Read more...
19 June 2016
The most serious problem of staying outside any EU trade agreement is the serious impact this might have on foreign direct investment into the UK. Being in the single market makes the UK attractive as a base for exporter... Read more...
Experts at the Treasury, the National Institute of Economic and Social Research (NIESR), and the London School of Economics have all found that remaining a part of the EEA would pose the least severe economic risk to the... Read more...
11 June 2016
''There's too much wrong information'' Interview with Swati Dhingra How will the British vote on June 23? Swati Dhingra, lecturer in economics at the London School of Economics, has examined the possible effects of a B... Read more...
07 June 2016
Stop everything! According to the OECD, the forum of economic reflection of developed countries, the United Kingdom would lose 5% of its GDP in the 15 years to come slamming the door of the European Union. Treasury, Brit... Read more...
01 June 2016
What issues have the greatest negative impact on UK businesses? Both sides of the debate have argued that there is either too much or very little EU red tape. These confusing arguments haven't helped to clarify the ... Read more...
30 May 2016
According to Dennis Novy, Associate Professor of Economics at the University of Warwick: ''TTIP has the potential to benefit millions of consumers. It goes far beyond an economic project. Its current timetable seems ambi... Read more...
20 May 2016
''The pro-Brexit argument that Britain will be free of lots of regulations, that there will be a bonfire of red tape that will cause us to grow rapidly and we'll strike lots of new trade deals as this buccaneering new En... Read more...
The London School of Economics' Centre for Economic Performance calculates the long-term costs to Britain of lower trade with the EU could be as high as 9.5 per cent of GDP, while the fall in foreign investment could cos... Read more...
17 May 2016
Brexit uncertainty ''would tend to push up risk premia'', as InFacts has already pointed out. Funding costs for banks could go up, as would borrowing costs for homeowners and consumers. The UK's current account deficit i... Read more...
12 May 2016
Today eight economists have struck out against much mainstream economic thinking and suggested that the UK economy would flourish outside the European Union. They are up against formidable opposition - what those who su... Read more...
28 April 2016
Swati Dhingra interviewed about Brexit. The interview was broadcast by BBC Radio 5 Live at 10:30pm on April 19, 2016 [No link available.] Related publications See the complete set of CEP Brexit Analysis research ... Read more...
19 April 2016
A very awkward fact for the Brexit campaign is that in the last quarter of 2015, Britain's current-account deficit hit a record 7 per cent of GDP. That needs to be financed. But the risk of Brexit is already acting like ... Read more...
Leaving the EU could lead to a fall in inward foreign direct investment of close to a quarter, writes CEP team: Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. ... Read more...
15 April 2016
Article by John Van Reenen Foreign investors love Britain, but Brexit would kill the vibe. According to new research colleagues and I have conducted at the Centre for Economic Performance, leaving the European Union cou... Read more...
Whether Britain loses access to the single market depends on the terms of any exit. Under the optimistic scenario, Britain would join the European Economic Area as non-member countries like Norway and Switzerland have do... Read more...
…but economists think that leaving would come at some economic cost The FT also reviewed three recently published studies, by the Centre for Economic Performance at the London School of Economics, Pr... Read more...
13 April 2016
Article by Swati Dhingra Last week's Brussels visit by Prime Minister Narendra Modi has started speculations that there will now be a renewed push for talks on the stalled EU-India broad-based trade and investment agree... Read more...
04 April 2016
A new CERRE report highlights the relationship between prices, investments, and market structure. It is co-authored by Tommaso Valletti, a Joint Academic Director of CERRE and Professor of Economics at Imperial College L... Read more...
07 October 2015
Dennis Novy interviewed on the Transatlantic Trade and Investment Partnership (TTIP) in the light of households in Kenilworth protesting with the message to protect the NHS from TTIP. This article was published by BBC C... Read more...
12 August 2015
Article by Bill Gates Last month, during a trip to Europe, I mentioned that I plan to invest $1 billion in clean energy technology over the next five years. This will be a fairly big increase over the investments I am a... Read more...
03 August 2015
Article by Dennis Novy If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history. Dennis Novy writes that while the potential bene... Read more...
28 February 2015
Blog article by David Metcalf Wealthy foreigners looking for a quick way to get permanent residence in the UK can take the 'investor route'. David Metcalf explains how simple reforms to the system, including visa auctio... Read more...
03 November 2014
Tiger mothers predestine their children to do well at school even before they are born, research has suggested. Babies born to highly competitive women who believe that they have the power to shape their children's prosp... Read more...
19 August 2014
Babies born to mothers who hold a stronger belief that their fate is in their own hands and not down to luck tend to perform better in their GCSE exams 16 years later. That is the central finding of new research by the C... Read more...
18 August 2014
Professor John Van Reenen, Department of Economics and Centre for Economic Performance, has been awarded the European Investment Bank Institute's 2014 'Outstanding Contribution Award'. The accolade, jointly awarded to Pr... Read more...
28 July 2014
Highams Park was not mentioned in material promoting business in Waltham Forest on the advice of London School of Economics (LSE) research, the council has said. There has been outcry after the area, long recognised as a... Read more...
20 July 2014
Professor Martin Knapp, lead researcher of the study, believes that the discrepancy is caused mainly by a lack of awareness about how the money is spent. ''It's partly because the prevalence and impacts of the disease ha... Read more...
10 June 2014