The UK needs to rethink its regional policy as economic growth has been highly uneven across region and inequality has been increasing to worrisome levels.
Brexit will change many aspects of the UK economy. There is still uncertainty about the scope and consequences that Brexit will have on the economy. (Let us not forget that Brexit has not happened yet!). I think the UK needs to think about industrial policy among many other policies. It is far from clear, however, that industrial policy will solve the problems the economy will likely face or that it will be enough to boost long term growth. The shape industrial policy takes will matter a lot. With industrial policy, the devil is in the details.
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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