Blog: June 2018
Saving for retirement is something many of us put off. Putting money into a pension can sometimes take a back seat in comparison to other financial priorities in our lives. But quite often many of us are also inclined to delay starting a pension – not least because the decision as to how best to save for the future is not an easy one.
A new analysis of OECD survey data by researchers at Cambridge and the Institute of Education suggests that as many as 40% of adults in England and Northern Ireland are unable to calculate simple proportions and more than half are unable to interpret a basic line graph.
Worrying developments in Italy and elsewhere in the Euro Area underline the implications arising from poor management of fiscal risks. Fiscal policy can be a great way of sharing risks faced by households but there is an ever-present tension between acting now in the face of known shocks and retaining some space for future action in response to as yet unknown shocks.
NIESR was founded 80 years ago this week and it’s a time to remember those who contributed to the life and success of the Institute over the decades. One of our brightest stars is Professor Sig Prais who was closely associated with the Institute for more than 60 years.
A guest blog by Alexandra Dumitru, an economist at RaboResearch
“All forms of Brexit are a hard Brexit for customs” I was recently told by a customs- expert. The study by RaboResearch, Rabobank's knowledge centre, on the impact of Brexit published in the May edition of the National Institute Economic Review drew more or less the same conclusion from an economic point of view: leaving the EU has significant direct and structural economic costs for the UK.
The fears over the political stability in Italy, as the populist Five Star and League coalition is now back on the scenes to form a government, come against major structural hurdles including high public debt, a poor productivity growth record and an ageing population.