This needs to be addressed taking into account all other decisions that are being made. For example, many people are sceptical about the spending on HS2, as it is likely to benefit London overwhelmingly, and is likely to detract from the success of regional industrial zones.
With the advent of Brexit, it seems that the UK is slightly at risk with regard to financial services, so now is the time for government to collaborate with industry to help identify the obstacles that Rodrik suggests are critical for the development of other industries.
Question 2:Do you agree that the German government should increase public spending given its persistently large current account surplus and given that it is part of the Eurozone?
The CFM surveys informs the public about the views held by prominent economists based in Europe on important macroeconomic and public policy questions. Some surveys focus specifically on the UK economy (as the CFM is a UK research centre), but surveys can in principle focus on any macroeconomic question for any region. The surveys shed light on the extent to which there is agreement or disagreement among these experts. An important motivation for the survey is to give a more comprehensive overview of the beliefs held by economists and in particular to include the views of those economists whose opinions are not frequently heard in public debates.
Questions mainly focus on macroeconomic and public policy topics. Although there are some questions that focus specifically on the UK economy, the setup of the survey is much broader and considers questions related to other countries/regions and also considers questions not tied to a specific economy.
The surveys are done in collaboration with the Centre for Economic Policy Research (CEPR).
A “new” UK industrial strategy ?
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Question 2: Do you agree that the UK needs a new regional policy?
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Question 1: Do you agree that the UK needs a new industrial policy?
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German current account surpluses
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Question 2: Do you agree that the German government should increase public spending given its persistently large current account surplus and given that it is part of the Eurozone?
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Question 1: Do you agree that German current account surpluses are a threat to the Eurozone economy?
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Are academic economists ‘in touch’ with voters and politicians?
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Question 7: Voters did not know that there was near-unanimity among economists.
Do you agree that this was an important reason for a majority of UK voters going against the near unanimous advice of the economics profession?
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