The Network Effect Could Sink Labour
Can the Labour Party disappear? The Party has been a prominent feature of British politics for a century. But could it now just vanish quickly? There is a clear historical precedent. In 1906, the...
Year 12 Economics in the Citi Day - 1 July 2015
Here is another great enrichment opportunity for Y12 Economists heading into Y13, especially those looking to take the subject to university or considering a career in finance. I
Sustainable Development - Climate-Proof Roads
This video from the Asian Development Bank looks at investment in climate-proof roads for Cambodia's Western Region. Consider the importance of this type of investment in sustaining development for...
Diaspora Bonds and Remittances for Development
Diaspora bonds are issued by a national government and sold to people born in that country who now live and work overseas. The largest issuer of diaspora bonds is Israel which has been doing so...
Sustainable Development - Climate Resistance in Cities
The countries and regions most prone to shocks brought about by rising temperatures and extreme weather events need to build more resilience in order for sustainable development to be achieved....
CPI inflation in the UK turns negative
For the first time since 1960, the annual rate of inflation as measured by the year-on-year change in the consumer price index has turned negative.
Falling oil prices and the energy industry
According to the Financial Times, the collapsing price of oil in world markets is causing many projects to be cancelled or delayed. Perhaps more than $100bn dollars worth of projects have already...
Reviving Turkey's Economy
After achieving growth rates of near-Chinese proportions in recent years, real GDP growth in the key bell-weather country of Turkey has slowed markedly and the country faces important decisions on...
Inequality - What To Do About It?
Inequality has been on the rise since the 1970s - Tony Atkinson and Sabine Alkire ask what can be done about it?
Key Indicators for the UK Economy
In response to many requests, I have put together this table on a single side of A4 that provides a summary of the key economic data for the UK - most of which is from 2014. Hopefully this might be...
AS Macro - The Final Countdown
The AS macro paper is on Tuesday 19th May. Here are some of my tweets offering some advice to students on helping to avoid pitfalls raised by the subject examiners in their recent reports
Labour immigration and interest rates
To wha extent has the higher than expected level of net inward migration of labour into the UK economy been a factor keeping policy interest rates at their current level of 0.5%?
What is econometrics?
Koen Jochmans of Sciences Po speaks to Mark Thoma about his research and winning the Sargan Prize for outstanding research in the Econometric Journal. This interview was conducted at the Royal...
Efficiency matters! It can make the economy better off. Understanding efficiency in manufacturing and retail markets can help guide policy, according to prize-winning research by Daniel Muller and...
Why you shouldn't copy your classmates!
Students beware: if you rely too much on your classmates, you all suffer. That is the central message of a new five-minute film about prizewinning research, which looks at the behaviour of...
Telecoms Contestability - OFCOM acts
According to this report from the Telegraph, British Telecom will be forced by the industry regulator OFCOM to open up their high speed network with the aim of making the market for super fast...
China to invest $50bn in Brazil infrastructure
This is one of those take-note economics news stories. The Chinese government is set to confirm plans for a multi-billion dollar infrastructure investment plan with Brazil as part of a long term...
Inclusive Growth Rankings for Asian Economies
Translating gains in real GDP into tangible and sustainable improvements in development outcomes is one of the major challenges facing all developing countries. In recent years there has been...
Industrialisation in Africa
Economics coverage of Africa can be a bit bleak, although perhaps they shouldn't be, with incomes rising rapidly in parts of Africa. There tends to be lots of focus on problems, such as primary...
Can poorer countries follow China's growth model?
Most development economists stress the crucial role typically played by industrialisation as a trigger to economic growth and development. Export led growth, built on rising manufacturing has...