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POID Briefing/External Publications

CEP election analysis
Energy and climate change

The scale of change and investment required for net zero is challenging, but early action is the most cost-effective way to achieve the 2050 target and could bring opportunities....Read more...

Leo Mercer, Esin Serin and Anna Valero

3 July 2024

POID Briefing Paper
Management matters in an era of disruption

The Covid-19 pandemic, military tensions and associated supply chain stress have meant that the past few years have been an era of high disruption. How can management help firms through such turbulent times?...Read more...

Nicholas Bloom, Renata Lemos, Olivia Marques, Raffaella Sadun, Daniela Scur, Marcos Todeschini and John Van Reenen

13 June 2024

CEP election analysis
Growth and productivity

The collapse in productivity growth underlies many of the problems of the UK economy – from squeezed public services to stagnant living standards. Productivity growth in the UK has been weak relative to its own past and...Read more...

Anna Valero and John Van Reenen

12 June 2024

External publication
Labour Economics: Thinking through Labour's economic agenda

With the Labour Party having vowed to achieve the fastest growth in the G7, the Social Market Foundation has brought together leading economic experts to provide independent analysis of the party's proposed approach - an...Read more...

Timothy Besley, Aveek Bhattacharya, Jagjit Chadha, Paul Cheshire, Neil Lee, Alan Manning, Andrew McNeil, Margarida Bandeira Morais, Henry G. Overman, David Soskice, Anna Valero, Giles Wilkes and Alison Wolf

22 April 2024

CEP report
Boosting growth and productivity in the United Kingdom through investments in the sustainable economy

It is now widely accepted that the UK has a major productivity growth problem, with chronic underinvestment across both the public and private sectors being a key cause. Continued low public investment, as laid out in th...Read more...

Esin Serin, Nicholas Stern, Anna Valero, John Van Reenen, Bob Ward and Dimitri Zenghelis

22 January 2024

External publication
Ending stagnation

The UK has great strengths, but is a decade and a half into a period of stagnation. The toxic combination of slow growth and high inequality was straining the living standards of low- and middle-income Britain well befor...Read more...

4 December 2023

CEP report
Cracking the Productivity Code: An international comparison of UK productivity

We examine the growth and level of UK productivity compared to France, Germany and the US. There has been a marked slowdown in labour productivity growth: comparing the dozen years before vs. after the Global Financial C...Read more...

John Van Reenen and Xuyi Yang

27 November 2023

POID Briefing Paper
A new UK policy institution for growth and productivity: A blueprint

The UK has experienced 15 years of poor productivity performance relative to its own past and relative to its peers. Analysis of the UK's productivity problem points towards many contributing factors, discussed in this v...Read more...

Anna Valero and Bart van Ark

27 November 2023

External publication
Finance for the future

The UK Government has an opportunity to mobilise far greater amounts of private investment for public policy priorities than is the case now. Blended finance, deployed well, offers a tried and tested pathway for public a...Read more...

Sarah Gordon and Anna Valero

26 October 2023

External publication
Learning to grow: how to situate a skills strategy in an economic strategy

Investing in human capital is a crucial aspect of building an economy that is both more productive and fairer, and any growth strategy must incorporate an agenda for increasing human capital and workforce skills within t...Read more...

Rui Costa, Sandra McNally, Louise Murphy, Christopher A. Pissarides, Bertha Rohenkohl, Anna Valero and Guglielmo Ventura

24 October 2023

External publication
Ready for change

Britain's productivity shortfall is its foundational economic problem. Debate about this gap and how to fix it typically focus on raising productivity of existing firms, via two routes. First, innovation: investment, R&D...Read more...

Richard Davies, Nadim Hamdan and Gregory Thwaites

25 September 2023

External publication
Beyond boosterism

The UK is a low investment nation. Low business investment is a big driver of this. Low investment is one reason behind the UK's weak productivity growth, which in turn is the main reason behind the stagnation in UK livi...Read more...

Paul Brandily, Mimosa Distefano, Krishan Shah, Gregory Thwaites and Anna Valero

22 June 2023

CEP report
Seizing sustainable growth opportunities from tidal stream energy in the UK

This is the decade for managing the immense risks of climate change, and delivery on net zero. That means rapidly increasing the share of renewable sources in our energy mix alongside a step-change in energy and resource...Read more...

Pia Andres, Ralf Martin, Esin Serin, Arjun Shah and Anna Valero

22 June 2023

External publication
Net zero jobs

The Government's commitment to achieving net zero greenhouse gas emissions by 2050 will mean investment, and change, across the economy: from the decarbonisation of buildings and surface transport, to shifts in diet, avi...Read more...

Molly Broome, Stefano Cellini, Kathleen Henehan, Charlie McCurdy, Capucine Riom, Anna Valero and Guglielmo Ventura

20 June 2022

External publication
Growing clean

This report, the 19th report for The Economy 2030 Inquiry, provides a hard-headed assessment of the opportunities presented to UK plc by the move to net zero, and considers how best these can be unlocked. It does this by...Read more...

Brendan Curran, Ralf Martin, Sabrina Muller, Viet Nguyen-Tien, Juliana Oliveira-Cunha, Esin Serin, Arjun Shah, Anna Valero and Dennis Verhoeven

23 May 2022

External publication
Enduring strengths

A decade of stagnant living standards, weak productivity and low investment combined with a coming decade of major change - driven by Covid-19, Brexit and Net Zero - mean that it is crucial for the UK to renew its econom...Read more...

Josh De Lyon, Ralf Martin, Juliana Oliveira-Cunha, Arjun Shah, Krishan Shah, Gregory Thwaites and Anna Valero

28 April 2022

External publication
Business time

The UK is set for a decade of major change, with private sector firms in the front line. How ready are they for this change? What form should policy towards business take within a new economic strategy for the UK? This r...Read more...

Jesse Kozler, Juliana Oliveira-Cunha, Pablo Shah, Gregory Thwaites and Anna Valero

15 November 2021

CEP Covid-19 analysis
The business response to Covid-19 one year on: findings from the second wave of the CEP-CBI survey on technology adoption

We present new data from a survey of 425 UK businesses conducted in July 2021 in partnership with the Confederation of British Industry (CBI), which seeks to understand the ways in which firms have innovated one year on ...Read more...

Juliana Oliveira-Cunha, Capucine Riom and Anna Valero

10 November 2021

CEP report
Are 'green' jobs good jobs?

The transition to net-zero will have far-reaching but unequal effects, as 'dirty' jobs disappear while new jobs aligned with or supportive of the net-zero objective - which we refer to as 'green' - are created. As govern...Read more...

Mirko Draca, Jiaqi Li, Sabrina Muller, Viet Nguyen-Tien, Capucine Riom and Anna Valero

28 October 2021

External publication
The carbon crunch

This report is the launch paper for the net zero strand of the Economy 2030 Inquiry, a joint project between the Resolution Foundation and the London School of Economics. It outlines how net zero can be placed at the cen...Read more...

Jonathan Marshall and Anna Valero

30 September 2021

CEP report
Seizing sustainable growth opportunities from carbon capture, usage and storage in the UK

Seizing opportunities from the CCUS value chain can be part of an economy-wide, net-zero-aligned growth path in the UK. The UK has responded to the climate emergency facing the world with an economy-wide target to reach...Read more...

Pia Andres, Ralf Martin, Penny Mealy, Esin Serin, Arjun Shah and Anna Valero

22 September 2021

External publication
The UK's decisive decade: the launch report for The Economy 2030 Inquiry

This report marks the launch of The Economy 2030 Inquiry, a landmark collaboration between the Resolution Foundation and the Centre for Economic Performance at the London School of Economics, funded by the Nuffield Found...Read more...

Torsten Bell, Swati Dhingra, Stephen Machin, Charlie McCurdy, Henry G. Overman, Gregory Thwaites, Daniel Tomlinson and Anna Valero

18 May 2021

CEP Covid-19 analysis
A major wave of UK business closures by April 2021? The scale of the problem and what can be done

This report presents an analysis of the financial health of UK businesses, which shows that immediate action is needed to prevent a wave of corporate failure in early April. We cannot delay action. Now is also the moment...Read more...

Peter Lambert and John Van Reenen

27 January 2021

CEP Covid-19 analysis
Innovation for a strong and sustainable recovery

In the recovery from Covid-19, innovation and diffusion will be key to addressing several structural challenges facing the UK economy. These include improving the UK�s longstanding poor productivity performance, addres...Read more...

Ralf Martin, Sam Unsworth, Anna Valero and Dennis Verhoeven

18 December 2020

CEP Covid-19 analysis
Jobs for a strong and sustainable recovery from Covid-19

The UK's future economic, social and environmental prosperity will be shaped by how it deals with, and recovers from, the impact of Covid-19. This paper sets out coordinated net-zero-aligned investments which the UK can ...Read more...

Pia Andres, Giorgia Cecchinato, Penny Mealy, Charlotte Taylor, Sam Unsworth and Anna Valero

19 October 2020

CEP Covid-19 analysis
The business response to Covid-19: the CEP-CBI survey on technology adoption

We present new data from a survey of 375 UK businesses conducted in July 2020 in partnership with the Confederation of British Industry (CBI), which seeks to understand the way in which firms have innovated in response t...Read more...

Capucine Riom and Anna Valero

30 September 2020