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To what extent can universities drive economic development – or vice versa? Rachael Pells explores the ways in which higher education and economic success interact No comment yet.
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The UK’s national growth picture is much more complicated argues The Enterprise Research Centre’s Mark Hart
ESRC's insight:
This article is by Mark Hart, deputy direction of the ESRC-funded Enterprise Research Centre.
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Economists from the National Institute of Economic and Social Research (NIESR) warned in one of their recent studies that an unbalanced recovery driven primarily by consumer spending, especially if accompanied by rising house prices, is worrying from a long-term perspective. The NIESR also warned that in order to sustain the current pace of growth, Britain needs to rebalance its economy primarily by moving away from debt-driven domestic consumption towards more exports and production.
ESRC's insight:
The National Institute of Economic and Social Research is Britain's longest established independent research institute, founded in 1938, carrying out research commissioned from a variety of sources including the Economic and Social Research Council |
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This may be as good as it gets. Last week was full of downside economic surprises. It started with a data release by the German Federal Statistical Office showing that industrial production unexpectedly fell in real terms.
ESRC's insight:
The article cites estimates from the National Institute for Economic and Social Research, which receives ESRC funding.
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A myth is that cities are overwhelmingly responsible for growth and value creation. A new Local Enterprise Partnerships (LEPs) Growth Dashboard, developed by the Enterprise Research Centre (ERC) in collaboration with GrowthAccelerator, suggests a more complex picture.
ESRC's insight:
Mark Hart, the author of this articles, is deputy director at the ESRC funded Enterprise Research Centre Article first published 27 June 2014 |
Anna Valero, who comments in the article, is an ESRC innovation fellow at the London School of Economics.