Political Economy

Focusing on ideas and institutions to support inclusive, sustainable growth and shared prosperity across the whole of the UK, this research area links new monetary, fiscal and financial frameworks developed by the Macroeconomic Policy Team to the regions, sectors and households.

Using our regional, sectoral and household-level models, we are able to generate real-time data, analyse economic and social trends and devise transformative policies. This includes regional regeneration and a more granular understanding of the Welsh, Scottish and Northern Irish economies, tackling particular policy problems such as gambling-related harms or how to make our tax system more progressive and enhancing the public understanding of economics.

Political economy

Projects

Publications

publication

Geopolitical Risks and the Global Economy

07 Feb 2024

Global Economic Outlook Box Analysis

publication

The State of Local Government Finances

01 Feb 2024

UK Economic Outlook Box Analysis

publication

Adam Smith and the Bankers: Retrospect and Prospect

04 Jan 2024

National Institute Economic Review

publication

On the Promises and Perils of Smithian Growth: From the Pin Factory to AI

04 Jan 2024

National Institute Economic Review

publication

Economic Progress and Adam Smith’s Dilemma

04 Jan 2024

National Institute Economic Review

publication

Adam Smith, Colonialism, and Liberal Imperialism

04 Jan 2024

National Institute Economic Review

publication

Duncan Black: Heir to Adam Smith and the Scottish Enlightenment

04 Jan 2024

National Institute Economic Review

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Blog Posts

Blog

Adam Smith’s Division of Labour in Today’s World of Global Markets

Diane Coyle

25 Jan 2024

4 min read

Blog

Adam Smith and International Trade Policy

L. Alan Winters

18 Jan 2024

4 min read

Blog

Adam Smith’s Arguments About Colonialism Can Still Teach Us Something

David Williams

11 Jan 2024

5 min read

Man and young girl shop in a supermarket
Blog

Are Price Controls on Food a Viable Option?

Arnab Bhattacharjee

Adrian Pabst

12 Jun 2023

6 min read

Blog

85 Years of NIESR

Jagjit S. Chadha

Paul Tucker

05 Jun 2023

7 min read

Blog

Spring Budget 2023: Who Will Benefit and Who is Left Behind?

Max Mosley

Adrian Pabst

20 Mar 2023

5 min read

Marking One Year of the Russian Invasion of Ukraine
Blog

Marking One Year of the Russian Invasion of Ukraine

Ekaterina Aleynikova

Joanna Nowinska

24 Feb 2023

4 min read

Blog

Building a Post-War Ukrainian Economy

Jagjit S. Chadha

Dmytro Natalukha

23 Feb 2023

4 min read

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News

Drawing of the UK - Will the UK Break Apart
news

The sick man of Europe

08 Sep 2023

6 min read

Events

People

Postdoctoral Research Associate
Research Lead (Regional Modelling and Microsimulation)
Research Director
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