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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
Jonathan Haskell and Matthew J Slaughter write for Foreign Affairs about Trump's tariffs and the prices of economic uncertainty. ... Read more...
10 June 2025
Thomas Sampson speaks to presenter Tim Harford about the US tariffs on global trade that were announced by president Donald Trump on 2 April 2025 ... Read more...
04 April 2025
The UKRI Economic and Social Research Council (ESRC) has awarded the Centre for Economic Performance (CEP) £9.2mn for its five-year programme of work from 2025. This renewed funding will enable CEP to co... Read more...
18 March 2025
The World Happiness Report 2024 reveals that those in the UK feel they have a greater sense of freedom than Germans and believe there is less corruption in the country. When looking at age demographics, the largest gap b... Read more...
20 March 2024
Thomas Sampson discusses how UK growth in goods exports and imports has been "the weakest in the G7", which has "contributed to the ongoing stagnation of the UK economy". ... Read more...
01 February 2024
To understand what is happening to inequality between people we need to understand the behaviour of, and inequality between, firms. Papers published last month as part of the IFS Deaton Review of inequality in work, led ... Read more...
25 April 2022
Experts say social support, honesty and generosity key to wellbeing, as Afghanistan and Lebanon struggle in global ranking. ... Read more...
19 March 2022
Interview with Swati Dhingra - is this the end of globalisation? In a series of special programmes, Newsnight looks at the impact of the war in Ukraine on the world. ... Read more...
18 March 2022
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
Tito Boeri interviews Raghuram G. Rajan With industrialized countries beset by a political backlash against trade, technology, migration, and other hallmarks of the modern global economy, expert solutions are needed now... Read more...
28 June 2019
"One thing is really clear: There has got to be a reset in the world trading system," said Swati Dhingra, an economist at the London School of Economics. "It's all breaking at the seams at this point."... Read more...
21 June 2019
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20 June 2019
The achievements of the Chinese and Vietnamese economies lead to a debate on state capitalism as a viable model of further development. Economists Leonardo Baccini, Giammario Impullitti and Edmund Malesky present on VoxE... Read more...
19 June 2019
Dr Swati Dhingra, assistant professor at the London School of Economics, specialising in globalisation and industrial policy, says there's not enough trained staff to power it. "Compared to other creative or tech-based ... Read more...
20 May 2019
Donald Trump has cited the example of one of his US presidential predecessors, Ronald Reagan, in support of his protectionist policies. But as research by Ufuk Akcigit, Sina Ates and Giammario Impullitti shows, it was th... Read more...
19 March 2019
Ben Chu, Economics Editor of BBC Newsnight, showed a graph on FDI outflows from the UK (actual vs. expected) on BBC2 Newsnight on 07 March 2019. This graph is taken from CEP Brexit Analysis No. 13, Figure 2. 19:20min ... Read more...
07 March 2019
MGI was putting its finishing touches on the report in early 2016, but held its publication for the Brexit vote in March. "We weren't surprised by the outcome," Manyika told me. "We had been sitting on this research show... Read more...
07 February 2019
Long term is worse. "Our best estimate is that GDP per capita will be 6.3 to 9.5 per cent per year lower than it would be if we were to remain in the EU," wrote John Van Reenen, today an economics professor at MIT. "At t... Read more...
18 January 2019
Research by London School of Economics professor Stephen Machin and Richard Murphy at The University of Texas at Austin revealed that by paying higher fees, international students in effect subsidise certain domestic stu... Read more...
09 January 2019
Thomas Sampson, a London School of Economics scholar, detects a wider global meaning in Brexit. "The period since world war II has been marked by growing economic and cultural globalisation and, in Europe, increasing pol... Read more...
08 January 2019
Recent political developments in the US and Europe have led to renewed interest in the large and persistent regional disparities which plague our societies. These disparities have been partly driven by a secular decline ... Read more...
11 December 2018
Left-behind places are lending themselves increasingly to the forces of populism and political disintegration, writes Riccardo Crescenzi. A complex flow of investment is spreading across the globe, connecting more a... Read more...
07 November 2018
• A commentary on how to help the those hurt by trade Paul Samuelson, a Nobel prize-winning trade economist, argued in 1941 that globalisation causes economic hardship for some. He wrote that the lo... Read more...
02 June 2018
Silicon Valley and the City of London should give up some of their massive gains from globalization to ensure workers in cities like Detroit and Hull do not continue to fall behind. But… &ldqu... Read more...
29 May 2018
Letter from Richard Layard, Director, Wellbeing Programme, London School of Economics and Political Science: “We now have the knowledge to implement that approach. Much of it is found in the annual... Read more...
19 May 2018
Economists Jeffrey Sachs, John Helliwell and Richard Layard pointed out several factors that affect the well-being of citizens, including GDP per capita, life expectancy, corruption and social support. However... Read more...
16 May 2018
Finland, a perennial chart-topper on global rankings of well-being and prosperity, has just been named the world’s happiest country in the World Happiness Report. Finns are not happy about the news. &hel... Read more...
14 May 2018
Respondents weren’t asked why they rated themselves as they did. But the three economists who edited the report—Jeffrey Sachs of Columbia University in the US, John F. Helliwell of the Canadian Ins... Read more...
12 May 2018
The 2017 United Nations World Happiness Report shows U.S. happiness at its lowest point since 2006 according to Forbes magazine, ranking 14th in the world. Columbia University economist Jeffery Sachs authored ... Read more...
04 May 2018
To live happily, it is better to love the long snowy winters. This is confirmed by the latest World Happiness Report, written at the request of the United Nations by economists John Helliwell, Richard Layard a... Read more...
30 April 2018
The World Happiness Report has been published every year since 2012, giving countries important data about the well-being of their people and how it compares to other nations’. One of the prima... Read more...
20 April 2018
According to the authors of the report, John F. Helliwell, Richard Layard and Jeffrey D. Sachs, there is a characteristic of Latin Americans that makes them different. "Unusually happy." Th... Read more...
15 April 2018
This study is an initiative of the Network of Solutions for Sustainable Development of the United Nations. The research was conducted by John Helliwell, researcher and professor at the Vancouver School of Econ... Read more...
26 March 2018
The UN Sustainable Development Solutions Network has published a World Happiness Report annually since 2012. This year’s report has been widely reported, because Taiwan is ranked as the 26th-happiest nat... Read more...
In this year’s annual ranking of the happiest countries in the world, Israel placed an enviable 11th. According to the ranking’s sponsor, the United Nations Sustainable Development Solutions Networ... Read more...
24 March 2018
The United Nations "sustainable development solutions" have been published every year since 2012. Each year, the "World Happiness Report" rankings are announced. The 2018 ranking announced ... Read more...
21 March 2018
The report, produced by the United Nations SDSN network and the Ernesto Illy Foundation, is edited by prof. John F. Helliwell (University of British Columbia and Canadian Advanced Research Institute), by prof.... Read more...
20 March 2018
Meanwhile, ever-more think tank-like units are rolling out of universities—such as the LSE’s Centre for Economic Performance and the UK in a Changing Europe, which is co-ordinated through King&rsqu... Read more...
19 March 2018
The UN’s 2018 Happiness Report shows that Israel is the eleventh-happiest country in the world, surpassing the United States and the UK. Related publications World Happiness Report 2018, John F. He... Read more...
16 March 2018
The World Happiness Report 2018, ranks 156 countries by their happiness levels, and 117 countries by the happiness of their immigrants. This year, Singapore is ranked 34th, a drop from 2017's ranking of 26... Read more...
African nations overall don’t rank well in the new World Happiness Report, but there are a few surprises – and, of course, it likely depends on how happiness is defined. Also in: Th... Read more...
15 March 2018
Happy are the people of the Nordic nations — happier, in fact, than anyone else in the world. And the overall happiness of a country is almost identical to the happiness of its immigrants. Those are the ... Read more...
14 March 2018
The philosophy of BISP recognises that a core purpose of formal education is to enable our students to lead “quality lives”. In that context, it is worth reflecting on research quoted in the World ... Read more...
11 March 2018
Article by Jeffrey Sachs The Global Happiness Council, which I am honoured to direct on behalf of the United Arab Emirates, has just issued the first Global Happiness Policy Report (GHPR) as a companion vol... Read more...
05 March 2018
Lord Richard Layard, program director of the Center for Economic Performance of the London School of Economics and co-editor of the World Happiness Report, Mo Gawdat and Gopi Kallayil, Google executives, Allis... Read more...
23 February 2018
DUBAI: Professor Jeffrey Sachs, renowned economist and Chair of the World Happiness Council, has led a plenary session to discuss the findings of the first Global Happiness Policy Report on the opening day of ... Read more...
13 February 2018
Swati Dhingra has been awared a European Research Council Starting Grant for the BIGlobal project, which will examine the sources of firm growth and market power to provide new insights into welfare and policy... Read more...
01 February 2018
It is paradoxical that despite being richer every day we can not use that wealth in a way that makes us happier, because working more for less makes us unhappy, and what would make us happier would be to work ... Read more...
29 December 2017
Article by Thomas Sampson Since World War II the global economy has become increasingly integrated. Brexit runs counter to this trend and has ignited a debate about the future of the EU and the global econo... Read more...
01 November 2017
Dennis Novy interviewed on globalisation and Brexit. ... Read more...
31 October 2017
Article by Thomas Sampson It is too soon to know whether Brexit will be merely a diversion on the path to greater integration, a sign globalisation has reached its limits, or the start of a new era of prote... Read more...
20 October 2017
Article by Thomas Sampson While we can estimate the economic impact of Brexit, we do not yet understand what made people vote for it. This column argues that political pro-Brexit rhetoric conflates two dist... Read more...
19 October 2017
In March 2017 the "World Happiness Report" was published, which includes a chapter on happiness at work. In it, Richard Layard, an economist at the London School of Economics, invites us to think abo... Read more...
03 October 2017
There is a lot of literature that describes the link between happiness and work. For example, Richard Layard, co-founder of the Annual World Happiness Report, said in 2011 that having paid work in place three ... Read more...
30 September 2017
In research just published in the journal Fiscal Studies, we examine teaching at UK universities in more detail than any study since the 1963 Robbins Report. We compared the teaching of Economics, History and ... Read more...
07 August 2017
London and Edinburgh also ranked in the top ten list compiled by researchers at the Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics. Related publications ... Read more...
27 July 2017
13 July 2017
Globalisation, technological progress and a range of policies and institutions are driving ‘Great Divergences’ in wages and productivity, write Giuseppe Berlingieri, Patrick Blanchenay and Chiara C... Read more...
05 July 2017
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 time... Read more...
07 June 2017
Chancellor Angela Merkel and international experts have discussed ways of improving global health. This is a matter of major importance, she said, and thus one of the priorities of Germany’s G20 Presiden... Read more...
10 March 2017
Not surprisingly, when an index for global political uncertainty, compiled records so unsafe level, inter alia by the Stanford economist Nicholas Bloom, on a high, (Stanford). And Austria's foreign trade m... Read more...
27 January 2017
There are several worrying trends in the global economy, such as rising inequality within countries and slowing productivity growth. But perhaps the most troubling of them is the fall in labor’s share of... Read more...
And it isn't "infrastructure" Improving our management skills is part of this. John van Reenen at the London School of Economics has written about how the quality of management in different co... Read more...
25 January 2017
Dennis Novy gave a live radio interview [8.35-8.40am] on Donald Trump and his withdrawal from the Transpacific Partnership (TPP, the trade deal previously negotiated by Barack Obama with Asian/Austra... Read more...
24 January 2017
In a new paper called “Is Modern Technology Responsible for Jobless Recoveries?,” economists George Graetz and Guy Michaels looked at 17 different developed countries, from 1970 through 2011. The t... Read more...
23 January 2017
The book flies over aspects featured of the cases of Denmark, Norway, Sweden and Iceland, countries that are located well above in rankings that measure development, welfare or happiness. The report on 2016 wo... Read more...
17 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
Data to calculate Gross National Happiness (GNH) includes asking respondents to measure their perceived quality of life on a scale of 0 to 10, with 0 representing the worst and 10 the best possible outcome. The latest r... Read more...
06 August 2016
A couple of thoughtful pieces to throw into the melee post-referendum. First Tim Harford in today's FT And to the idea that economists don't know what they are talking about (a new broadly held myth scaled up by the fac... Read more...
20 July 2016
Article by CVER Director, Sandra McNally, on some of the recommendations of the recent Sainsbury Report The incoming British prime minister Theresa May has outlined a vision of a country that ''works not for the privile... Read more...
15 July 2016
Article by Sandra McNally, Director of the Centre for Vocational Education Research (CVER), LSE and Head of Education and Skills Programme, CEP The incoming British prime minister Theresa May has outlined a vision of a ... Read more...
13 July 2016
Various analysis have shown that Brexit will adversely affect Britain's economy. According to the Centre for Economic Performance, LSE, Britain's economy will decrease by 1.3 per cent to 2.6 per cent without considering ... Read more...
12 July 2016
Article by Cletus C. Coughlin and Dennis Novy Borders impede trade, and a major objective of research in international trade has been to identify by how much. This column argues that bilateral trade data can give a misl... Read more...
08 May 2016
The Danes are the happiest people on Earth, followed by the Swiss, while Britons are comparatively miserable among the rich nations, but happier than the French and Italians. The only European countries happier than the ... Read more...
16 March 2016
And it is a global problem: wage growth has been weak throughout the world for almost a decade. ''In the last seven to eight years, wage growth has been very disappointing in the world,'' says John Van Reenen, director o... Read more...
15 March 2016
John Van Reenen is director of the Centre for Economic Performance at the London School of Economics. ''Over the last seven or eight years, wage growth has been very disappointing all over the world. After the Second Wo... Read more...
09 March 2016
John Van Reenen discusses a decade of weak wage growth worldwide and its consequences This interview was broadcast by BBC World News on March 8, 2016 Link to interview here Also on WUWM-FM , WUNC-FM, WBFO-FM, NPR/Na... Read more...
08 March 2016
Tumbling global markets are issuing a cry for help to policymakers of all stripes: Do something. As investors, traders and pundits scramble to understand the reasons for the terrible start to 2016, more and more are look... Read more...
21 January 2016
Article by Gianluca Benigno, Nathan Converse and Luca Fornaro In the aftermath of the Global Crisis, policymakers have adopted policies to limit, or at least manage, capital inflows. This column explores episodes of cap... Read more...
11 October 2015
David Attenborough, Brian Cox, Paul Polman, Jeffrey Sachs and Arunabha Ghosh all sign letter calling for action by UN climate conference in December The international group of experts and CEOs back a new 'Global Apollo ... Read more...
16 September 2015
Pero no es el unico que comparte ese punto de vista. Tambien Luis Garicano, profesor de la London School of Economics, analizaba los retos a los que se enfrenta la economia global en los proximos anos en un encuentro rec... Read more...
11 September 2015
Records: the happiest country in the world On April 24, 2015, the 2015 Edition of the happiness of the world (World Happiness Report) was published. The work includes a happiness measure, taking into account 158 countri... Read more...
11 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 Richard Layard Leading thinkers across the worlds of science, public service and academia have launched a new global programme to combat climate change. Richard Layard outlines their proposal for big public i... Read more...
This autumn sees the launch of the Global Apollo Programme: a green research initiative that wants governments to match, in today's money, the sums spent putting men on the moon. At a time of increasing austerity, reques... Read more...
So if innovation seems to be booming, why has productivity growth been muted? A common argument is that the effect of innovation is being incorrectly measured. The advent of the Sharing Economy, which forms a chapter in ... Read more...
30 July 2015
...its roster of contributors includes John F. Helliwell, Richard Layard of the London School of Economics, and Jeffrey D. Sachs who is, among other things, special advisor to U.N. Secretary-General Ban Ki-moon. Overall,... Read more...
10 June 2015
Article by Richard Layard, Gus O'Donnell, Nicholas Stern, Adair Turner If clean energy were cheaper than dirty energy, climate change would halt. Making clean energy cheaper is a problem - like putting a man - on the... Read more...
08 June 2015
In the freedom to make life choices, too, India performs poorly. There are many inherent inhibitions in this freedom, mainly for women. Richard Layard, director of the Wellbeing Programme at the London School of Economi... Read more...
05 June 2015
India will be a member of a consortium of countries that will implement the Global Apollo Programme - a plan to find ways within the next 10 years of making green energy clean cheaper to produce than energy drawn from c... Read more...
03 June 2015
In the deepest chill of the Cold War, then-president of the United States John F. Kennedy announced to the country, and the world, that ''we choose to go to the moon.'' The Apollo Programme placed a man on the moon withi... Read more...
''The challenge is as big as putting a man on the moon,'' says Richard Layard of the London School of Economics, one of the founders of the programme along with other prominent scientists, economists and industrialists. ... Read more...
A number of Britain's leading experts in the field of climate research are focused on achieving the goal of solving the world's most pressing problem: the continued global temperature rise. This article was published on... Read more...
02 June 2015
Lord Richard Layard, an economist at the London School of Economics and member of the Apollo group, said it was barely believable that the world only spent 2% of its R&D money on its ''most pressing problem'' of clim... Read more...
Interview with Lord Layard regarding launch of the 'Apollo' programme to make renewables cheaper than fossil fuels. The interview was broadcast by the BBC World Service News on June 2, 2015 [No link available.] Relate... Read more...
Article by Richard Layard The target for GAP is to reduce the cost of clean energy and to do it fast. This article was published by The Huffington Post on June 2, 2015 Link to article here Related links 'Global ... Read more...
Leading academics, including former government chief scientist Sir David King, past president of the Royal Society Lord Rees, and economists Lord Stern and Lord Layard, in effect said that the world cannot be saved from ... Read more...
There is a human mass that despite being available for work and knowledge loses ability to be employed. This generates a terrific competition by seeking higher returns among the cheapest labour in Asia and the suppressor... Read more...
28 January 2015
If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history, writes Dennis Novy - and it has the potential to benefit millions of cons... Read more...
23 January 2015
When the Depression Report was published by the Centre for Economic Performance's mental health policy group in 2006, it quantified the effects of that over-medicalisation for the first time. Talking therapies, particula... Read more...
28 May 2014
It should not be as difficult as we seem to make it. A working group at the London School of Economics pointed out a few months ago that growth is neither about the size of the state or about deregulation. It is about wh... Read more...
09 May 2013
The London School of Economics Growth Commission, a panel of academics, former government officials and business leaders, has just published a report on how to improve Britain's economic performance. "Investing for ... Read more...
05 February 2013
...Act received Royal Assent, we have agreed terms for the Northern Line Extension and announced £10 billion of projects that prequalify for a guarantee. A report last week from the London School of Economics Growth Com... Read more...
04 February 2013
Mention of the Growth Commission Broadcast on BBC1 West Midlands on February 3, 2013 Also on BBC Radio 4 Newspaper Review Lord Stern joins the panel for the newspaper review and mentions the LSE Growth Commiss... Read more...
03 February 2013
The London Crossrail project has been around since the 1980s. A report by the London School of Economics Growth Commission this week tackles the infrastructure problem head on. The commission points out that the UK's adv... Read more...
02 February 2013
Two things are striking about yesterday's report of the LSE Growth Commission. The first is the very strong implication of its conclusions that the path to future prosperity is decidedly one involving, indeed demanding, ... Read more...
01 February 2013
Leading economists have stepped up their pressure on Chancellor George Osborne, slamming his austerity measures and calling for an urgent plan for growth. The London School of Economics Growth Commission also branded gov... Read more...
Skills, infrastructure and innovation are the essential drivers of the productivity growth on which the UK's future prosperity depends. So while there are understandable concerns about the currently flat-lining economy, ... Read more...
IT IS tempting to think Britain is well past its best. The first nation to industrialise, it once topped the tables of output per person. It is now a mid-table mediocrity on the edge of a triple-dip recession. But a prop... Read more...
On Thursday 31st of January 2013, the long-awaited LSE Growth Commission Report was published and launched in London. The document itself is available for download from this link and I urge all teachers and students inte... Read more...
31 January 2013
Leading economists have condemned Britains flatlining economy and issued an urgent call for growth, dealing another blow to Chancellor George Osborne's credibility. The experts are behind a ''manifesto for growth'' which... Read more...
Britain's economy will not prosper unless its 'mediocre' education system is overhauled, a hard-hitting report says today. Written by a Nobel Prize-winning economist as well as former members of the Bank of England, the ... Read more...
Article by Tim Besley and John Van Reenen The latest GDP figures confirm that the UK economy has been more or less flat-lining since the financial crisis began. This column presents the LSE Growth Commission's integrate... Read more...
The Government just talking about an EU referendum is damaging investment and productivity, influential economists warn. This article was published online by Sky News on January 31, 2013 Link to article here See... Read more...
Investment in education, infrastructure and innovation are the keys to Britain's recovery from recession and long-term growth over the coming 50 years, a report said today. The London School of Economics Growth Commissio... Read more...
Investment in education, infrastructure and innovation are the keys to Britain's recovery from recession and long-term growth over the coming 50 years, a report says. The London School of Economics Growth Commission urge... Read more...
Why do we spend so little time talking about what really matters? That's the question I once again asked myself, reading the final report of the London School of Economics' Growth Commission. This article was publi... Read more...
Politicians should track progress in repairing Britain's recession-scarred economy by measuring how the average household is faring instead of focusing on GDP alone, according to a report by a panel of heavyweight econom... Read more...
Professor John Van Reenen was interviewed about the LSE Growth Commission report. The interview was broadcast on Sky News on January 31, 2013 See also BBC Norfolk LSE Growth Commission report is mentioned. Rel... Read more...
An influentual group of academics and business leaders has called on the Government to create an independent infrastructure bank to mitigate the "political procrastination" that has deterred investors from maki... Read more...
Written by a Nobel Prize-winning economist as well as former members of the Bank of England, the report from the London School of Economics calls for radical change to get the UK growing again. This article was publishe... Read more...
The most pressing question of our time for politicians - and indeed for the public - is why Britain is finding it so hard to grow and what, if anything, can be done about it. Business Secretary Vince Cable gave his take ... Read more...
Britain urgently needs new institutions to ensure vital infrastructure projects are not derailed by political indecision if the country is to prosper in the future, the London School of Economics has demanded in a "... Read more...
Article by John Van Reenen and Richard Lambert The UK needs to provide investors with incentives, write John Van Reenen and Richard Lambert. Creating a successful economy requires sustained investment of three basic kin... Read more...
30 January 2013
The Netherlands ranks fourth on a list of the world’s most contented nations. The list, drawn up by three economists, was published on the eve of a UN conference on happiness. Economists John Helliwell, Richard Layard ... Read more...
03 April 2012