Category: Economics

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Car bodies being worked on by robots
Business and Technology, Environment, UK

The Future of the UK’s Sustainable Automotive Industry: Can it save us from a double-dip recession?

On the 18th of November 2020, Boris Johnson announced his Ten Point Plan to drive the UK’s ‘green industrial revolution’, an ambitious plan with reforms in many high-carbon industries such as electricity and transportation. With the predictions that unemployment could reach 2.6 million by mid-2021 along with the fears of a double-dip recession, we may ask whether such costly reforms are currently appropriate, given the … Continue reading The Future of the UK’s Sustainable Automotive Industry: Can it save us from a double-dip recession?

Unknown's avatarCarl ScandeliusLeave a comment
Chart of the Month

Chart of the Month – April 2021

This Chart of the Month shows who holds UK government debt.  What is striking here is the increase in total debt after the 2008 financial crisis, as well as subtle changes to its ownership. Significantly, the total value of bonds held by the Bank of England (BoE) has increased from £0 to almost £895 billion, worth 25% of total government debt. This is due to the … Continue reading Chart of the Month – April 2021

Unknown's avatarChenyang Li4 Comments
Collection of factory chimneys puffing out smoke
Environment, International

Warming Worries for Our Economy?

We’ve all seen the countless articles in the news over the past year: ‘2020 tied for warmest year on record,’ NASA; ‘Earth at risk of becoming a hothouse’, CNN; ‘Rising seas will erase more cities by 2050’, The New York Times. Rising temperatures have had grave effects on our planet; but what has this meant for the world economy and how could this impact our … Continue reading Warming Worries for Our Economy?

Unknown's avatarWilliam SteelLeave a comment
Oils rigs
Environment, International

Can We Survive Without Fossil Fuels?

The influential scientist and environmentalist James Lovelock provides a frightening view on the future of humanity: the Gaia hypothesis. It suggests that organisms interact in such a way so as to create a self-regulating environment. When an organism is in over-reproduction, the environment reacts by limiting its population. Lovelock insists that humans are no different. As our carbon footprint increases, the earth reacts with climate … Continue reading Can We Survive Without Fossil Fuels?

Unknown's avatarAlexis FairLeave a comment
Indian men watching a bonfire on the street
Asia, Development

Reaping What the Farm Bills Sow: Has Modi met his match?

According to the IMF, India has the 5th biggest economy in the world, behind the US, China, Japan and Germany. Leading its economic charge is Narendra Modi, India’s Prime Minister, a polarising Hindu nationalist running a country encompassing a multitude of faiths, languages and cultures. Modi has a reputation for immediate action, for example in 2016 he gave four hours’ notice to invalidate high value … Continue reading Reaping What the Farm Bills Sow: Has Modi met his match?

Unknown's avatarTaran GlazebrookLeave a comment
50 euro bills being minted
Economics, Europe

Should the EU Abandon the Euro?

On January 1st 1999, the EU unveiled their new currency to the world: the euro. A currency that was supposed to promote economic growth, stability and integration, it has now become the scapegoat of the EU’s failures. Amid growing Euroscepticism and division by way of the pandemic, has a currency that was supposed to sow unity between European nations actually caused tragedy? Originally, the euro … Continue reading Should the EU Abandon the Euro?

Unknown's avatarRohan BattulaLeave a comment
Economics, Environment, International

Natural Resources: The Never-Ending Supply

It is not because natural resources are finite that humanity will ever run out. Reverend Thomas Malthus’ warning in the latter parts of the 18th century on our planet’s inability to produce enough food to feed an ever-growing population has never materialised into a genuine concern. Nor has the US Bureau of Mines’ 1914 prediction that “The world will run out of oil in 10 … Continue reading Natural Resources: The Never-Ending Supply

Unknown's avatarJeremy Toussaint1 Comment
Wind farm
Environment, UK

Renewable Energy: Britain’s way back?

Britain’s economy has been the worst hit of all of the OECD economies (major developed economies) both before and during the lockdown period. Whilst other countries’ economies are now starting to recover, Britain is still in intensive care. There are a number of reasons for this situation. Firstly, a decade of austerity led to cuts in public spending which eroded public-sector infrastructure and good will. … Continue reading Renewable Energy: Britain’s way back?

Unknown's avatarRohan MehtaLeave a comment
Environment, Interviews

An interview with Bob Massie: Global warming, economic growth and the future of capitalism

Bob Massie has been working on business, finance, governance, and sustainability for more than thirty years. Massie has served as the executive director of Ceres, a powerful coalition of institutional investors and environmental and public interest groups in the United States.  In 1997 he proposed the creation of generally accepted guidelines for corporate sustainability performance. In 2002 he conceived of the first Institutional Investor Summit … Continue reading An interview with Bob Massie: Global warming, economic growth and the future of capitalism

Unknown's avatarGabriel DaudyLeave a comment