Question 2: What is the most important contribution economic policymakers can make growth in the UK over the next decade?
Answer:
Improving trade relations with the EU and/or other countries
Confidence level:
Confident
Comment:
Raising public investment in physical and human capital comes a close second.
Question 1: How do you see prospects for future (per capita) GDP growth in the UK in the next decade?
Answer:
Low growth because of UK-specific structural challenges
Confidence level:
Confident
Comment:
It is going to take the UK considerable time to adjust to new trading arrangements. Working through Brexit and the challenges it poses to the UK in particular will impede growth, at least over the next decade or two. With the global background also gloomy, it is difficult to be positive about UK's future.
Question 3: By how much would an immediate EU-wide import ban on Russian gas reduce EU GDP growth per annum in 2022-3, in percentage points (pp), absent other policies?
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).
Levelling Up Productivity Gaps in the UK
Question 2: Which policies could best help reduce regional productivity disparities?
Question 1: What is the primary factor driving regional productivity disparities in the UK?
Prospects for UK Economic Growth
Question 2: What is the most important contribution economic policymakers can make growth in the UK over the next decade?
Question 1: How do you see prospects for future (per capita) GDP growth in the UK in the next decade?
Effects of an embargo on Russian gas
Question 3: By how much would an immediate EU-wide import ban on Russian gas reduce EU GDP growth per annum in 2022-3, in percentage points (pp), absent other policies?
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