CGR&IS Blog
Academic evidence-based analysis and discussion of relevant issues in governance, regulation and industrial strategy.
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The Macro and Regional Economic Impacts of COVID-19 and Policy Responses
As the UK eases itself out of the COVID-19 lockdown, attention has turned to the economy. Perhaps not surprisingly, UK GDP fell by an unprecedented 20.4% in April alone – now unless there is quick and sustainable recovery, that’s not...
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Budget Reflections: a welcome end to Austerity but more to be done.
Prof David Bailey (Birmingham Business School) and Prof Phil Tomlinson (University of Bath School of Management) The Budget marked the point at which the government finally recognised what many economists have been saying for years: with low interest rates, government...
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What an intangible world! Companies and governments on the hunt for intangible assets.
They cannot be seen or touched but contribute significantly to the growth of nations and companies. What are they? To most, the answer is not that obvious, reminding us that intangible assets, although increasingly gaining importance, still do not receive...
Latest posts
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‘Get Brexit Done’ – It’s only the start of things to come!
On the surface, the UK General Election appears to have resolved the foremost political issue of our times – Brexit. The large Conservative majority in the House of Commons means the Government’s Withdrawal Agreement will quickly pass through Parliament, and...
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Making Smart Specialisation work for lagging regions
Over the last decade, Smart Specialisation (S3) has been the mainstay of the European Union’s Innovation programme. The basic idea of S3 is that public funding – usually via EU structural and Investment Funds - is used to support projects...
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Did Negative Interest Rate Improve Bank Lending?
Recently, several major European banks have announced plans to pass on negative interest rates to corporations and wealthy individuals. Since 2012 six European economies (Denmark, the Eurozone, Hungary, Norway, Sweden and Switzerland) and Japan have all introduced a Negative Interest Rate Policy...
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Industrial Policy is back on the Agenda - and its never been needed more than it is now
Shutterstock/pauljrobinson Phil Tomlinson, University of Bath; Amy Glasmeier, Massachusetts Institute of Technology; David Bailey, University of Birmingham, and Peter Tyler, University of Cambridge Trade tensions – and possible deals – are high on the political agenda in Europe, the United...
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FinTech, banks, and stock markets
The modern financial sector plays a huge role in all our lives. A hundred years ago, few would have a bank account for saving, and practically nothing but cash to facilitate daily payments for a bottle of milk or a...
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Pensions: why automatic enrolment may not suit the self-employed
Ania Zalewska, University of Bath There are now more than 1.3 billion self-employed people in the world, and that number is rising, especially among millennials. In the US alone, 27m people are expected to leave full-time jobs to become self-employed...
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The tobacco industry plays price games to make it even tougher to quit smoking
Cash tray. Shutterstock J. Robert Branston, University of Bath; Anna Gilmore, University of Bath, and Rosemary Hiscock, University of Bath It is thought about two in three smokers want to kick their deadly habit, and with good reason –...
