Results

CentrePiece article

Public sector relocation: lessons from the BBC’s move to Salford

Moving public agencies out of London was a major plank of the levelling-up agenda. Max Nathan, Henry Overman, Capucine Riom and Maria Sanchez-Vidal show how the BBC’s move to Salford had a positive effect on the local ec...Read more...

CentrePiece article

Why people like living in cities: a new measure of the quality of life

People like to live in certain places, even when higher wages are on offer elsewhere. Gabriel Ahlfeldt, Fabian Bald, Duncan Roth and Tobias Seidel show that once people’s preferences are considered, big cities offer a hi...Read more...

CentrePiece article

Investing in mental health: the economic benefits of NHS talking therapies

What are the effects of psychological therapies on patients’ employment and earnings? In the first analysis of this question using nationally representative data, Klaudia Rzepnicka, Emma Sharland, Marta Rossa, Ted Dolby,...Read more...

Submission to a parliamentary inquiry and government consultation

Treasury Committee: Bank of England Monetary Policy Reports

Swati Dhingra gave oral evidence to the Treasury committee....Read more...

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...

CEP discussion paper

Personnel is policy (implementation): Bureaucrats and the Korean export miracle

How much does the effect of industrial policy depend on the capacity of the bureaucrats implementing it? We exploit the rotation schedule of managers of South Korea's export promotion offices in 87 countries between 1965...Read more...

CEP discussion paper

The global effects of carbon border adjustment mechanisms

We study carbon border adjustment mechanism (CBAM) policies, as currently being implemented by the EU and UK. Policy discussions have cited three motivations and one concern. CBAMs can improve domestic competitiveness in...Read more...

Blog

Bank Underground:

Forbearance lending as a crisis management tool

The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the Prudential Architecture Theme which focuses on ...Read more...

CEP discussion paper

Cultural exception? The impact of price regulation on prices and variety in the market for books

Fixed book price (FBP) agreements are a form of resale price maintenance applied to books in various countries. FBP restricts retail price competition with the aim of promoting book production variety. Yet, despite its p...Read more...

CentrePiece article

in brief... Successful caps on fees disprove the idea that it’s unwise to meddle with free markets

Jan David Bakker and Nikhil Datta show how the success of a reform of letting agents’ fees was partly due to their hidden nature....Read more...

CEP discussion paper

How effective are R&D tax incentives? Reconciling micro and macro evidence

Recent firm-level studies find R&D tax incentives to be much more effective at stimulating firms' R&D investment than what aggregate analyses indicate. Based on a distributed analysis of official R&D survey and administr...Read more...

CEP discussion paper

The effect of adult psychological therapies on employment and earnings: Evidence from England

People suffering from common mental disorders (CMD) such as depression and anxiety are more likely to be economically inactive. Psychological therapies are highly effective at treating CMDs but less is known about their ...Read more...

Blog

Vox EU:

New approaches to measure (increasing) concentration in Europe

Concentration (the share of a market's output produced by its largest firms) is a key proxy for measuring market competition. This column introduces a cross-country dataset to measure concentration at the industry level ...Read more...

Blog

Vox EU:

Redirecting AI: Privacy regulation and the future of artificial intelligence

Some artificial intelligence technologies are more data intensive than others. This column examines how data privacy regulation shaped the trajectory of AI innovation across countries, looking at patent applications from...Read more...

Journal article

American Economic Journal: Applied Economics:

Do Carbon Offsets Offset Carbon?

We develop and implement a new method for identifying wasted subsidies and use it to provide systematic evidence of the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offs...Read more...

CEP discussion paper

Deep integration and trade: UK firms in the wake of Brexit

How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK's exit from t...Read more...

Blog

Project Syndicate:

The missing monetary-policy tool

Central banks should prepare - both legally and operationally - to carry out direct transfers to households when conventional monetary policy fails. Recent research shows that stimulus payments would increase consumption...Read more...

Blog

The Conversation:

Successful caps on English letting agents' fees disprove the idea that it's unwise to meddle with free markets

Five years ago, the UK government enacted the first legislation regulating prices in the English rental market since the 1960s. The Tenant Fees Act 2019 didn't interfere with what landlords can charge tenants in rent, bu...Read more...

CEP discussion paper

Multipliers from a major public sector relocation: The BBC moves to Salford

This paper considers the impact of a major public sector relocation: the British Broadcasting Corporation's partial move from London to Salford, Greater Manchester starting in 2011. We identify effects of the move using ...Read more...

Blog

Project Syndicate:

Can Europe create an innovation economy?

After the 30 "glorious" years of economic growth following World War II, European policymakers failed to adopt the institutions and policies to promote disruptive innovation. Now, Europe urgently needs to adopt a new eco...Read more...

Journal article

American Economic Journal: Macroeconomics: Forthcoming

Import Liberalization as Export Destruction? Evidence from the United States

In trade models with scale economies import liberalization reduces exports within industries by shrinking real market potential. We find this export destruction mechanism reduced US export growth following the permanent ...Read more...

CEP occasional paper

A wellbeing cost-benefit analysis of raising the state pension age

Governments of developed countries are facing growing pressures from the fiscal demands of an ageing population. To cope with this, they have tried to get individuals to work longer, primarily by raising the ages at whic...Read more...

Journal article

Journal of the Association of Environmental and Resource Economists,:

Management Practices and Climate Policy in China

We investigate how management quality moderates the impact of carbon pricing on Chinese firms. Based on interviews with managers and lead engineers at manufacturing firms in Hubei and Beijing, we construct a novel index ...Read more...

Blog

Grantham Research Institute on Climate Change and the Environment:

Harnessing the UK's strengths for green growth

Esin Serin and Pia Andres set out evidence on the UK's sectoral and technological strengths to assist policymakers as they consider how to allocate support across the economy in a way that maximises green growth opportun...Read more...

Journal article

Oxford Open Economics:

Labour market inequality

Wage and earnings inequality has been on the rise in the United Kingdom (UK) since the late 1970s/early 1980s, and with faster increases than comparator countries, it is now one of the countries with the highest levels o...Read more...

CEP discussion paper

Avenging the tenants: Regulating the middle man's rents

We explore the role of intermediaries in the rental market. Using novel UK data on fees letting agencies charged to both tenants and landlords, combined with a matched property-agency listings dataset, we study the effec...Read more...

CEP discussion paper

Regional and aggregate economic consequences of environmental policy

This paper shows how to combine microeconometric evidence on the effects of environmental policy with a macroeconomic model, accounting for general equilibrium spillovers that have mostly been ignored in the literature. ...Read more...

Blog

What Works Centre for Local Economic Growth:

How can the next government ensure better evidence use for achieving economic growth?

Whichever party wins this week's election will face big challenges, including achieving stronger local economic growth. Knowing how to do this - which mix of interventions will be most effective, and where to target them...Read more...

CentrePiece article

How climate change concerns affect voters

The effects of climate change have become far more noticeable in recent years, with abnormally high temperatures recorded across the world. Maria Cotofan, Karlygash Kuralbayeva and Konstantinos Matakos examine how spikes...Read more...

Blog

What Works Centre for Local Economic Growth:

Using evidence for making sense of policy debates in this election

The UK's general election campaign is now in full swing, with the policy announcements, promises, claims and counterclaims that come with it. Very soon we will see the publication of manifestos, and with them some idea o...Read more...

Journal article

The Review of Economic Studies:

Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System

In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the European Union Emissi...Read more...

CEP discussion paper

Government contracting and living wages > minimum wages

Government procurement accounts for a significant share of GDP, and environmental, social and corporate governance (ESG) clauses in government contracts have become common across developed economies. This paper studies o...Read more...

Blog

What Works Centre for Local Economic Growth:

With great power comes great responsibility (for evaluation?)

Last week saw the final local government elections before the next general election. Amongst councillors changing places - or staying put - across the country, these elections ushered in two new metro mayors: one for Yor...Read more...

CEP discussion paper

Leaving the global playing field through optimal non-discriminatory corporate taxes and subsidies

Due to markup distortions, in international trade models with monopolistic competition and heterogeneous firms the market equilibrium is inefficient unless demand exhibits constant elasticity of substitution. When it doe...Read more...

CEP discussion paper

Global warming cools voters down: How climate concerns affect policy preferences

This study examines how regional temperature variations across OECD countries influence political behavior and support for offset policies. Our analysis reveals that exposure to higher temperatures correlates with politi...Read more...

Journal article

Annual Review of Economics:

Industrial Policy and the Great Divergence

We discuss recent work evaluating the role of the government in shaping the economy during the long nineteenth century, a practice we refer to as industrial policy. States deployed a vast variety of different policies ai...Read more...

Journal article

American Economic Review:

When Tariffs Disrupt Global Supply Chains

We study unanticipated tariffs in a setting with firm-to-firm supply relationships. Firms conduct costly searches and negotiate with potential suppliers that pass a reservation level of match productivity. Global supply ...Read more...

Journal article

Journal of Industry Competition and Trade:

A New Approach for Better Industrial Strategies

Industrial policy is back. After having been considered a taboo since the 1970s, “new industrial policies” are at the core of governments’ strategies to support countries during crises and enable the green and digital tr...Read more...

Blog

Economics Observatory:

What next for Poland's economy?

Poland's new government is prioritising competent policy-making, the rule of law and investment in skills and education. There is real promise that new policies will be based on solid research evidence, including the app...Read more...

Chapter

Inclusive entrepreneurial ecosystems

in Entrepreneurial ecosystems in cities and regions: emergence, evolution, and future

Cities and regions with the strongest entrepreneurial ecosystems are often marked by high levels of inequality. These inequalities have, however, often been overlooked in policy and academic circles. Seeking to remedy th...Read more...

Submission to a parliamentary inquiry and government consultation

Business and Trade Committee

Has the UK lost its competitive edge in the global economy? What advantages does it possess, and how can these be exploited for economic growth? The Business and Trade Committee considers these questions as it continues ...Read more...

Journal article

LSE Public Policy Review:

Spatial Labour Market Inequality and Social Protection in the UK

Spatial inequality in economic outcomes is increasingly seen as a problem for national economies. This paper considers spatial inequality in the UK labour market, its causes, and potential policy solutions. Relative to o...Read more...

CEP discussion paper

Talking therapy: Impacts of a nationwide mental health service in England

Mental health problems impose significant costs, yet healthcare systems of-ten overlook them. We provide the first causal evidence on the effectiveness of a nationwide-scaled mental health service in England for treating...Read more...

CentrePiece article

Claudia Goldin: the economics of women and the labour market

The study of gender was far from mainstream in economics when Claudia Goldin began her research on women and work in the 1980s. Barbara Petrongolo discusses the impact of the 2023 economics Nobel laureate in shaping toda...Read more...

Journal article

Nature Human Behaviour:

Consumption responses to an unconditional child allowance in the United States

The COVID-19 pandemic put families in the United States under financial stress. The federal government's largest response in 2021 was the American Rescue Plan Act, which temporarily expanded the Child Tax Credit (CTC) in...Read more...

Journal article

American Economic Journal: Economic Policy :

Local Retail Prices, Product Variety, and Neighborhood Change

We study how local grocery markets within a city are affected by changes in housing markets. Our empirical strategy exploits a shift in the spatial distribution of construction activity induced by a large-scale, place-ba...Read more...

External publication

The state of the UK economy 2024

The state of the UK economy is always an important matter, but it is all the more so in what looks likely to be an election year. This UK in a Changing Europe report takes stock of the UK economy in order to assess how i...Read more...

Journal article

Journal of Public Economics: Forthcoming

Powers that be? Political alignment, government formation, and government stability

We study how partisan alignment across levels of government affects coalition formation and government stability using a regression discontinuity design and a large dataset of Spanish municipal elections. We document a p...Read more...

CEP report

Cracking the Productivity Code: An international comparison of UK productivity

We examine the growth and level of UK productivity compared to France, Germany and the US. There has been a marked slowdown in labour productivity growth: comparing the dozen years before vs. after the Global Financial C...Read more...

Blog

LSE Research for the World:

Using peoples' feelings of happiness to make better policy decisions

How we spend our time directly impacts how satisfied we are with our lives, and understanding the activities that bolster our wellbeing - and those that don't - can help policymakers make better decisions when allocating...Read more...

CEP discussion paper

Trade, innovation and optimal patent protection

This paper provides a first comprehensive quantitative analysis of optimal patent policy in the global economy. We introduce a new framework, which combines trade and growth theory into a tractable tool for quantitative ...Read more...

External publication

Finance for the future

The UK Government has an opportunity to mobilise far greater amounts of private investment for public policy priorities than is the case now. Blended finance, deployed well, offers a tried and tested pathway for public a...Read more...

External publication

Learning to grow: how to situate a skills strategy in an economic strategy

Investing in human capital is a crucial aspect of building an economy that is both more productive and fairer, and any growth strategy must incorporate an agenda for increasing human capital and workforce skills within t...Read more...

CentrePiece article

Low investment Britain: policies to promote foundations for growth

The UK investment ecosystem needs rewiring across the board to increase firms' desire to invest in productive and sustainable assets, and to enhance their ability to do so. Paul Brandily, Mimosa Distefano, Krishan Shah, ...Read more...

CEP occasional paper

Projecting UK net migration

Predicting migration is notoriously difficult but unavoidable if, for example, we want projections of future population. We present a new 'bottom-up' approach to projecting net migration, whereby emigration is estimated ...Read more...

CEP discussion paper

Industrial policy and the great divergence

We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. We show that states deployed a vast variety of different poli...Read more...

Blog

LSE Review of Books:

Book Review: Wellbeing: Science and Policy by Richard Layard and Jan-Emmanuel De Neve

In Wellbeing: Science and Policy, Richard Layard and Jan-Emmanuel De Neve present an enquiry into human wellbeing: what factors create it, how can it be effectively measured and how can it be improved? The authors' rich ...Read more...

Submission to a parliamentary inquiry and government consultation

Bank of England Monetary Policy Reports

The Bank of England publishes a Monetary Policy Report four times a year. After publication, the Treasury Committee holds sessions with the Governor of the Bank of England and members of the Monetary Policy Committee to ...Read more...

Blog

Africa at LSE:

Public disclosure policies don't improve tax collection in Uganda

Public disclosure policies are designed to raise tax compliance where alternative enforcement capacity is limited. But they can also have negative consequences by showcasing the true extent of tax compliance, write Priya...Read more...

Blog

UK in a Changing Europe:

Daniel Chandler on rehabilitating liberalism and the political implications of economic inequality (podcast)

Daniel Chandler talked to Professor Anand Menon on this week's episode of the UKICE (I Tell) podcast about his new book, Free and Equal: What Would a Fair Society Look Like?, what his top two policy recommendations for K...Read more...

CEP discussion paper

Knowledge spillovers from clean innovation. A tradeoff between growth and climate?

Innovation policy faces a tradeoff between growth and climate objectives when the knowledge spillover externality from clean innovation is low compared to other sectors. To make such a comparison, we use patent data to e...Read more...

Blog

LSE Business Review:

Economists discuss monetary policy in light of Charles Goodhart's work

Financial stability and monetary policy are once again topical in the wake of rising inflation and higher interest rates, which have severely affected bank balance sheets, triggering a flight of deposits and government i...Read more...

Submission to a parliamentary inquiry and government consultation

House of Commons Treasury Committee: Pre-appointment hearing of Dr Swati Dhingra to the Monetary Policy Committee

In oral evidence, Dr Dhingra was questioned about her personal suitability for the post and the UK's economic outlook....Read more...

Blog

Working on Wellbeing:

Lord Richard Layard on putting wellbeing top of the policy agenda (podcast)

Richard Layard talks to Sarah Cunningham about how wellbeing science has developed over the past half-century, and how he is calling on policymakers and business leaders to put wellbeing at the heart of decision-making....Read more...

External publication

Beyond boosterism

The UK is a low investment nation. Low business investment is a big driver of this. Low investment is one reason behind the UK's weak productivity growth, which in turn is the main reason behind the stagnation in UK livi...Read more...

CEP report

Seizing sustainable growth opportunities from tidal stream energy in the UK

This is the decade for managing the immense risks of climate change, and delivery on net zero. That means rapidly increasing the share of renewable sources in our energy mix alongside a step-change in energy and resource...Read more...

CentrePiece article

Wellbeing: science and policy

What produces a happy society and a happy life? In the first textbook on wellbeing, Richard Layard and Jan-Emmanuel De Neve explain how wellbeing can be measured, what causes it and how it can be improved. They conclude ...Read more...

External publication

Trading up

After nearly half a century of EU membership, Britain needs a trade strategy. The stakes are high: such a strategy shapes what families and firms buy from abroad, and what gets produced domestically; influences our jobs,...Read more...

CEP discussion paper

Evaluating merger effects

This paper proposes a new algorithm with which to identify the potential effect of mergers by comparing the outcomes of interest in areas of overlap for the merging parties vis-a-vis areas of no overlap within a differen...Read more...

Journal article

AEA Papers and Proceedings:

The Local Labor Market Effects of Modern Manufacturing Capital: Evidence from France

Using an event study methodology and comprehensive micro data from the French manufacturing sector, we analyze the local labor market effects of investments in modern manufacturing capital, including modern automation te...Read more...

Chapter

The What Works Centre for Local Economic Growth: some lessons from the first ten years

in The What Works Centres: lessons and insights from an evidence movement

What can policy do to increase local economic growth? This is a question that has challenged decision makers and academics for decades. It's also a fundamental question today, when the UK government has made economic gro...Read more...

Book

Free and Equal
What Would a Fair Society Look Like?

Imagine: you are designing a society, but you don't know who you'll be within it - rich or poor, man or woman, gay or straight. What would you want that society to look like? This is the revolutionary thought experiment...Read more...

Blog

Vox EU:

Local concentration and structural transformation

The national market shares of the leading US firms in many industries have risen substantially over the last four decades - ie, these industries have become more concentrated. David Autor, Christina Patterson and John Va...Read more...

Book

Wellbeing: Science and Policy

What produces a happy society and a happy life? Thanks to the new science of wellbeing, we can now answer this question using state-of-the-art empirical evidence. This transforms our ability to base our decisions on the ...Read more...

Journal article

Regional Studies: Forthcoming

Inclusive innovation in cities: from buzzword to policy

'Inclusive innovation' has become an increasingly important subnational policy agenda. This paper reviews this agenda, critiques its current usage and presents a new framework for how the concept can be applied by city g...Read more...

CentrePiece article

Women in the workplace: 50 years of change

Decades of progress have seen greater opportunities for women in the workplace, but sizeable gender gaps remain in most indicators of economic achievement. Stefania Albanesi, Claudia Olivetti and Barbara Petrongolo revie...Read more...

CentrePiece article

Why have energy bills been rising?

The UK has been particularly exposed to the global energy crisis - partly due to the country's dependence on gas for heating and electricity generation, and partly its poorly insulated housing stock. After predictions th...Read more...

Blog

Promarket:

The Case for Green Industrial Policy

Industrial policy was once so old-fashioned that it was jokingly called "the policy that shall not be named". Now it's back in a big way. On issues ranging from clean energy to semiconductors to Covid-19, governments are...Read more...

Blog

LSE American Politics and Policy:

For the US to again become the "Land of Opportunity" we need a better understanding of how geography and industrial change affects incomes

Kohei Takeda unpacks the relationship between declining manufacturing in parts of the US - which are often termed the 'Rust Belt' - and workers' income mobility....Read more...

Journal article

Regional Studies: Forthcoming

Level best? The levelling up agenda and UK regional inequality

'Levelling up' - a policy agenda focused on reducing regional inequalities - has become the new mantra in British politics. This paper critiques the policy programme from its emergence in 2019 to the publication of the 2...Read more...

Journal article

Science:

Support for climate policy researchers

Read more...

CEP discussion paper

Non-tariff barriers and consumer prices: evidence from Brexit

Non-Tariff Barriers (NTBs) are the main policy impediment to international trade, yet little is known about their pass-through to prices. This paper exploits the Brexit trade policy shock to quantify how NTBs affect cons...Read more...

Journal article

Research Policy:

Does light touch cluster policy work? Evaluating the tech city programme

Cluster policies are popular with policymakers, but we know surprisingly little about their effectiveness. This paper evaluates the causal impact of a flagship UK technology cluster programme that uses ‘light touch’, mar...Read more...

Chapter

Housing policy and affordable housing

in Oxford Research Encyclopedia of Economics and Finance

Lack of affordable housing is a growing and often primary policy concern in cities throughout the world. The main underlying cause for the "affordability crisis," which has been mounting for decades, is a combination of ...Read more...

Submission to a parliamentary inquiry and government consultation

Submission to the independent review of the UK Government's approach to net zero

Read more...

CEP discussion paper

From public labs to private firms: magnitude and channels of R&D spillovers

Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multi-billion euro financing program of academic clusters in France, we provide causal evidence of spill...Read more...

CentrePiece article

Clean technologies for growth and equity

Public investment in developing energy sources that don’t cause climate change is a strategy for economic growth that could also contribute to the UK’s levelling up agenda, says Ralf Martin. His analysis indicates that s...Read more...

CentrePiece article

Policies for affordable housing: options and obstacles

The crisis of housing affordability has been mounting for decades, driven by growing demand for properties in desirable areas where supply is limited. Numerous policies have been enacted across countries, but many are in...Read more...

Chapter

Social prevention of crime: alternatives to policing measures in an urban context

in A Modern Guide to Economics of Crime

In this chapter we review the existing literature in economics related to crime prevention policies beyond police efforts. First, we highlight the ongoing and notable debate over the possible public policies to follow fo...Read more...

Blog

Vox EU:

Fighting climate change: International attitudes toward climate policies

Climate policies to limit global warming have often been difficult to pass and implement. In exploring the policy preferences of over 40,000 people in 20 high- and middle-income countries, the authors find that whether p...Read more...

Blog

Harvard Business Review:

The UK economic crisis might not be a one-off

Markets have reacted poorly to the UK government's new "mini-budget" combining energy price caps with tax cuts for the well off. The government's search for a quick fix to economic growth is a mistake. In fact, restartin...Read more...

Chapter

Wellbeing as the goal of policy

in Wellbeing: Alternative policy perspectives

When policy-makers have multiple objectives, they still need an over-arching criterion which determines the importance of the different objectives. The most reasonable criterion is the wellbeing of the population. Fortun...Read more...

Journal article

Quarterly Journal of Economics :

The slope of the Phillips Curve: evidence from US States

We estimate the slope of the Phillips curve in the cross section of U.S. states using newly constructed state-level price indices for nontradeable goods back to 1978. Our estimates indicate that the slope of the Phillips...Read more...

Chapter

Research and innovation policies for the green transition

in Science, research and innovation performance of the EU 2022

This chapter provides a selective review of policies that can help foster a transition towards green technologies. R&I are crucial to tackling sustainability challenges, and public policies are needed to direct technolog...Read more...

Journal article

Annual Review of Economics:

Expecting Brexit

The Brexit vote precipitated the unraveling of the United Kingdom's membership in the world's deepest economic integration agreement. This article reviews evidence on the realized economic effects of Brexit. The 2016 Bre...Read more...

Journal article

82nd Annual Meeting of the Academy of Management:

Efficient Industrial Policy for Innovation: Standing on the Shoulders of Hidden Giants

Knowledge spillovers drive a wedge between private and social returns to R&D. Efficient innovation policy assigns subsidies to fields where spillovers are relatively important. We develop new measures for the private and...Read more...

Chapter

Industrial policy and competition

in Globalization, Firms, and Workers

Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster competition in a sector increase producti...Read more...

Blog

Economics Observatory:

What would it take to level up the UK?

The government's levelling up agenda seeks to reduce disparities across the UK. Policies to boost economic performance will need to attract workers and firms away from London and the South East and improve opportunities ...Read more...

External publication

The big Brexit

Leaving the EU represents the largest change in the UK's relationship with the rest of the world in nearly half a century. It is a profound change in economic governance, that will reorient production and trade away from...Read more...

CentrePiece article

Trade disruptions in the wake of Brexit

A dramatic fall in the value of UK imports from the European Union relative to the rest of the world occurred when the post-Brexit Trade and Cooperation Agreement came into effect. What's more, according to research by R...Read more...