Economist, Visiting Professor, Lecturer, Writer, Public Speaker.
Even with one of the largest parliamentary majorities in its history and the Conservatives with their lowest-ever vote share, the incoming Labour administration faces a daunting task: improving UK economic growth. It knows that was why it was elected; after all, growing the economy through increased productivity was the focus of its election campaign. It …
Continue reading “An historic election win but big challenges loom”
In the face of unprecedented actions to safeguard public health, government-mandated lockdowns have seen global economies in free-fall. In response, central banks have embarked on several innovative monetary and fiscal measures. Official short-term interest rates were cut to record lows in most advanced economies. In some jurisdictions, like in the EU and Japan, rates have …
Continue reading “Quantitative Easing and the risks of rising wealth inequality”
Jeremy Corbyn – the former leader of the Labour party now led by Keir Starmer – was quoted as saying a few months ago that he felt vindicated in the spending pledges he made in the December 2019 General Election and that, with better timing and luck, he could have won it. The reason for …