By Pushan Dutt, INSEAD In all my years as an economist, I have never seen a graph like the one below. It shows unemployment claims in the US – observe the spike for the week ending March 21. The global […]
Research and teaching in UK universities is widely recognised to be among the best in the world. In fact, the University of Oxford has topped the Times Higher Education World University Rankings 2020 for the fourth year in a row. […]
There are many questions surrounding the UK’s departure from the European Union, not least on the future of funding. In Scotland’s regions and cities, EU Structural Funds have provided significant additional funding to support economic development for many years. The […]
The relationship between the Government, the private sector and universities in promoting R&D and the commercialisation of research is explored in a new report by former Universities Minister and Visiting Professor at King’s College London, David Willetts. The report, published […]
It might come as a surprise to learn that Scotland’s creative industries make up the country’s second biggest growth sector, after energy. But as well as making significant economic contributions, the creative sector is important on its own terms, with […]
by Scott Faulds Since the early 20th century, the predominant method of evaluating the success of a country has been through the metric of Gross Domestic Production (GDP). This measurement is based upon the assumption that economic growth is the […]
There has been much focus on the green economy in recent times as the international community attempts to address the current ‘climate emergency’. According to the United Nations (UN), “an inclusive green economy is one that improves human well-being and […]
Beneath the headlines: record high employment rate, but what’s more important – quantity or quality?
The UK employment rate has hit a joint record high of 76.1%, according to the latest official figures. The unemployment rate was estimated at 3.8%; it has not been lower since 1974. The economic inactivity rate was also close to […]
By Steven McGinty Rural businesses play a significant role in the UK economy. Yet, policymakers often overlook their contribution and, as such, have failed to realise the economic opportunities in many of our rural areas. Last year, University of Essex […]
By Steven McGinty Last year, Professor Simon Marginson published a report that would have worried university chiefs more than a BBC investigation into their eye-watering salaries. The concern? That UK universities are no longer able to compete with the world’s […]