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...
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...
‘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...
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...