Blog

Blog: Don’t depoliticise inclusive growth!

by Tony Payne

That was the conclusion – both optimistic and pessimistic at the same time – that I drew at the end of a very interesting day spent in Glasgow two or three weeks ago as a delegate at what was described, with genuine national pride, as ‘Scotland’s Inclusive Growth Conference’.  It was highly [...]

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Blog: Why finance matters for inclusive growth

by David Pitt-Watson

Most people would agree that a successful modern economy, particularly one which promotes inclusive growth, requires an effective financial system.  But few stop to ask how we might measure efficacy. Indeed you will search, almost in vain, amongst the writings of economists to find a single one [...]

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Blog: The social economy is missing in strategies to create more inclusive growth

by Andrea Westall

We therefore need to also look at how we structure economic activity, whether to improve access to and create ‘decent jobs’, or to ensure that people share more fairly in the proceeds of ‘growth’. It was for this reason that the Joseph Rowntree Foundation (JRF) funded a piece of work that I was [...]

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Blog: UK recovery now worse than after Great Depression

by Liam Byrne

The research confirmed that the path of the recession in 1929-31 followed a similar path to the crisis of 2008-09 but the recovery over the last ten years has been much slower. Ten years after the Wall Street financial crash, Britain had left the Gold Standard and, like today, pursued a policy [...]

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Blog: Community-led and collaborative models of growth are the cornerstone of an inclusive economy

by Nat Defriend

We want to return to what she said in 2016 to offer her three concrete ideas for what she should do to deliver on this critical agenda. 1) The Prime Minister talked in 2016 about combatting the entrenched advantages of the privileged few. She was right to do so. We know from our work in […]

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Blog: Why Rebuild Macroeconomics?

by Angus Armstrong

The Economic and Social Research Council (ESRC) has invested in a brand-new network to understand the macroeconomy. This is an extraordinary opportunity; we know of no comparable research funding anywhere in the world. Through our network, Rebuilding Macroeconomics, over the next four years we [...]

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Blog: The UK economy needs fundamental reform

by Michael Jacobs

Last week’s announcement by the Bank comes at a time when the UK’s growth forecasts are being downgraded and average real wages are falling. The MPC’s warning is solely a reflection of its mandate to control inflation: since the EU referendum vote, the depreciation of the pound has been pushing [...]

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Blog: Tackling extreme pay inequality must be central to securing inclusive growth

by Wanda Wyporska

Last summer, the Prime Minister pledged to build a nation that “works for everyone, not just the privileged few”. One of her central ambitions in setting out this vision was to tackle irresponsible business behaviour that leads to “irrational, unhealthy and growing” pay gaps between bosses and [...]

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Blog: Building a more resilient and inclusive global economy

by Christine Lagarde

Thank you, Jean-Claude Trichet and Guntram Wolff, for your kind introductions. And thank you to Bruegel for hosting this event here at the wonderful Bibliothèque Solvay. As I experience this beautiful building, it reminds me that good architecture is not about geometry or design in the first [...]

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Blog: Why don’t we just… make sure economic growth benefits everyone?

by Jane Thomas

In the recent Budget, the Chancellor acknowledged that too many families are still feeling the squeeze, almost a decade on from the financial crash. Theresa May and Philip Hammond have both promoted the goal of inclusive economic growth or an “economy that delivers for everyone” yet there is no [...]

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Blog: A country that works for everyone? Only with inclusive growth

by Stephanie Flanders

Britain’s vote to leave the EU has forced into the open a fundamental and increasingly urgent debate about the country’s future. Should we pursue a more Singaporean model of economic growth, with low taxes and tariffs to attract investment and trade? Or should we seek to ‘regain control’ of our [...]

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Blog: Skilling up the regions: Unlocking the UK’s productivity potential

by Michael Kane

The current skills system is not delivering the skills that UK businesses or the economy needs. Skills shortages consistently top the list of concerns of business leaders in our annual Global CEO survey, while the lack of powers over skills is a concern for local leaders. This means a new model [...]

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Blog: The New Agenda for Tax Reform

by Liam Byrne

Since the fall of the Berlin Wall, we have created a world of very rich elites and very remote elites, where the top one per cent now control half of global wealth – 85 families own more than three billion of the world’s people – while public life has been drained of politics and the […]

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Blog: The problems with measuring tax systems

by Nicholas Shaxson

In the past few years there have been several efforts to understand and even measure ‘spillovers’ – that is, how one state’s tax or legal system can transmit damage to other states’ tax or legal systems.  Perhaps the best known of these efforts is the Tax Justice Network’s Financial Secrecy [...]

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Blog: Putting tax at the heart of the inclusive growth debate

by Tom Hunt

Last night’s discussion, co-organised by the APPG, SPERI and Oxfam, was in response to growing concerns from major NGOs like Oxfam, international organisations and governments about ‘tax spillover’ effects – how one country’s tax policy impacts another country’s tax base, tax policy and [...]

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Blog: Re-framing Tax Spillover

by Richard Murphy & Andrew Baker

Tax continues to fascinate the media, politicians and international political economists. In that approximate order there is also an increasing demand for data to support action on what many think to be tax abuse. Much of that demand relates to specific abuses of tax systems, whether by tax [...]

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Related Content

Blog: Why finance matters for inclusive growth

Most people would agree that a successful modern economy, particularly one which promotes inclusive growth, requires an effective financial system.  But few stop to ask how we might measure efficacy. Indeed you will search, almost in vain, amongst the writings of economists to find a single one [...]

Read more

Blog: Community-led and collaborative models of growth are the cor

We want to return to what she said in 2016 to offer her three concrete ideas for what she should do to deliver on this critical agenda. 1) The Prime Minister talked in 2016 about combatting the entrenched advantages of the privileged few. She was right to do so. We know from our work in […]

Read more

Blog: The UK economy needs fundamental reform

Last week’s announcement by the Bank comes at a time when the UK’s growth forecasts are being downgraded and average real wages are falling. The MPC’s warning is solely a reflection of its mandate to control inflation: since the EU referendum vote, the depreciation of the pound has been pushing [...]

Read more

Blog: Tackling extreme pay inequality must be central to securing

Last summer, the Prime Minister pledged to build a nation that “works for everyone, not just the privileged few”. One of her central ambitions in setting out this vision was to tackle irresponsible business behaviour that leads to “irrational, unhealthy and growing” pay gaps between bosses and [...]

Read more