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Britain's Post-Brexit Trade Shifts Further Towards Services
Is Brexit accelerating the shift in UK trade towards services rather than goods? New data published by the ONS on UK trade shows that UK export growth has become increasingly dominated by services...
Criticism of the forecasting techniques of the Bank of England has come in an independent report into its operation, courtesy of the former Chair of the Federal Reserve, Ben Bernanke. Not only has...
Poverty Deepening in Modern Britain
Next month sees the 25th anniversary of the introduction of the National Minimum Wage, although it's now called the National Living Wage, and this article looks at what it's achieved.
2024 Human Development Report Published
This video looks at the latest rankings published in the 2024 Human Development Report. You can also download the accompanying powerpoint.
Externalities and Development: 10 million people in Thailand suffer pollution-related illnesses
This BBC clip looks at the impact of air pollution on the Thai economy, noting that 10 million Thais have sought treatment for pollution-related diseases. The problem is that Thai air quality is...
Development In Focus: Senegal’s Women Rice Farmers
Lots of interesting little contributory factors to economic development in this IFC clip: female participation - and their importance to the labour force, food security and the returns to...
Pollution and Development Barriers - Four Countries and Four Stories
An excellent four minute clip looking at the economic and human cost of air pollution in South Asia which causes an estimated 2 million premature deaths each year and reduces life expectancy by...
Growth and Development in Thailand - Tackling Human Capital Gaps
This World Bank clip looks at the lack of foundational skills in Thailand, a middle income country, noting that a lack of literacy and basic digital skills means that some people lack human...
UK Economy In 2023 | What Students Need to Know for their 2024 A-Level Economics Exams
Here is a short video looking at what happened to the UK economy in 2023. We cover inflation, growth, unemployment, interest rates, migration, fiscal deficit and debt and some others as well. The...
Video Shorts on Economies and Diseconomies of Scale
Here is a selection of new shorts on economies and diseconomies of scale.
What has happened to the UK economy?
The Resolution Foundation has published new research assessing the strengths and weaknesses of the UK economy. This short YouTube clip provides a timely summary of their work.
Proof here of the unequal distributional effects of the pandemic, with the NIESR reporting that the poorest won't see their living standards recover to pre-pandemic levels until 2027.
Ireland's Productivity Miracle - Real or Artificial?
This is a ToK-style article looking at the fact that Ireland is seemingly the most productive country in the world, and yet people wonder whether this is actually 'true' or not?
Is the UK's inflation target fit for purpose?
Here is an excellent article in the Guardian with a Canadian academic, Louis-Philippe Rochon highlighting the arbitrary nature of the 2% inflation target. Remarkably, nearly 60 countries have...
What is Glocalisation?
Although rumours of the death of globalisation are "greatly exaggerated", it seems to be the case that economies have moved away from seeing it as a panacea, and retrenching in the sense that...
Climate Change - Building Resilience with Education and Flood Defence
This World Bank video clip looks at how the organisation has helped make the provision of education more resilient, with schools increasingly designed to withstand extreme weather incidents. This...
James Meadway - Thinking differently about climate breakdown
The article looks at how economist James Meadway, and his Macrodose podcast are looking at the negative externalities of climate change and extreme weather events through a more inclusive lens.
Why is the German economy struggling?
As a 50-year old economist, it seems odd to be writing that Germany is the "sick man of Europe" but it seems that this is where we are. The German economy is growing at a slower rate than the UK,...
Why Discount Grocers Thrive in the UK Supermarket Landscape
Aldi and Lidl continue to enjoy rapid sales growth in the UK as price-conscious consumers look for better value alternatives. Their climbing market share - driven by numerous new store openings -...
Financial Times - Bank Failures in 2023
The Financial Times has this excellent in-depth video exploring some of the bank failures that happened in 2023 and casting a critical eye on the wider fragility of the banking system as we head...
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