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There are large disparities in economic performance at the regional level in the UK. We need to consider what kinds of policies might raise regional performance and the extent which directed industrial policies and infrastructure spending might be employed to iron out differences.
The experience of inter-mediation in the UK does not encourage the thought that long term finance can easily be located. Do we need a Development Bank?
Housing represents the main asset class held by UK households and we shall try to understand why it is held as such a large share of assets. We shall then outline whether this choice has other knock on effects in the economy such as labour and social mobility.
This week marks the 50th anniversary of the first human heart transplant. This talk will celebrate that achievement and consider what we have learned over those 50 years and what is to happen in the future.
Productivity growth in the UK economy has lagged behind that of our major trading partners. We will examine a number of possible explanations ranging from the role of finance to the employment of physical and human capital.
We need to think of economic policy as some path co-ordinating monetary, financial and fiscal policy. The economic landscape that has been outlined implies some new cyclical and structural economic policy options facing the UK. These concepts will be discussed in this final lecture of the year.
Few people are lucky enough to save lives or change them for the better. Few also experience the horror of losing lives or worsening them. In this lecture I want to share some of the astonishing experiences of a paediatric heart surgeon.
For most of the period since we have had records, the UK has held a positive net international investment positions versus the rest of the world. But the UK is now a net debtor. What are the reasons for this extraordinary reversal and what does it mean for the exchange rate?