Economy and Society

  • Permalink Gallery

    European migrants are mostly high-skilled, even if temporarily taking up low-skilled jobs

European migrants are mostly high-skilled, even if temporarily taking up low-skilled jobs

Nauro F. Campos explains that there are many benefits to migration that are hard to gauge from an economic perspective. Central-Eastern European migrants, for example, are known to have significantly higher levels of schooling than that of native workers. These migrants take on unskilled jobs because they know they are temporary, and usually enjoy rapid career progression, he argues.

The long-awaited government report […]

  • Permalink Gallery

    Nationalism, racism, and identity: what connects Englishness to a preference for hard Brexit?

Nationalism, racism, and identity: what connects Englishness to a preference for hard Brexit?

Support for Brexit was higher among those who identify as English rather than British, even after accounting for relevant economic factors. But what is it that connects English identity to a preference for Brexit? Anthony Heath and Lindsay Richards outline some key characteristics that go some way in explaining the association.

‘Identity politics’ is a phrase that can be heard […]

  • Permalink Gallery

    Labour should be campaigning for a citizens’ wealth fund instead of a worker-ownership plan

Labour should be campaigning for a citizens’ wealth fund instead of a worker-ownership plan

Instead of giving some workers a small ownership stake in the companies they work for, Labour should be backing a citizens’ wealth fund, writes Stewart Lansley. A fund financed by the dilution of capital ownership would introduce the principle of profit sharing across all medium and large firms; and the benefits would be distributed collectively to all citizens rather […]

  • Permalink Gallery

    Pushing the BoE to the limit: what a no-deal Brexit will mean for UK exchange and interest rates

Pushing the BoE to the limit: what a no-deal Brexit will mean for UK exchange and interest rates

The absence of a trade agreement between UK and EU will yield further depreciations of the pound relative to leading currencies, explain Michael Ellington and Costas Milas. This will then lead to a sharp cut in the Bank of England’s policy rate and to another round of quantitative easing. In other words, a no-deal Brexit will push the Bank […]

  • Permalink Gallery

    How cultural theory can help us to better design and implement social impact bonds

How cultural theory can help us to better design and implement social impact bonds

Social impact bonds – arrangements that bring together the public, private and voluntary sectors in order to address complex social issues – are often characterised by tensions. Ruth Dixon explains how cultural theory can be used to explain the dynamics between the various partners in order to improve this useful policy tool.

During a recent conference on outcomes-based commissioning and […]

  • Permalink Gallery

    Disciplinary neoliberalism: coercive commodification and the post-crisis welfare state

Disciplinary neoliberalism: coercive commodification and the post-crisis welfare state

Fiona Dukelow and Patricia Kennett examine the post-2008 welfare states in Ireland, Britain, and the US. They explain how each of these countries experienced an acceleration in the operation of disciplinary neoliberalism – through punitive regimes of surveillance and sanctions – and consider the implications of these contemporary welfare policies.

The Great Recession saw the unravelling of a financialised […]

  • Permalink Gallery

    The gay glass ceiling: sexual orientation and the managerial ladder

The gay glass ceiling: sexual orientation and the managerial ladder

While research has shown how sexual orientation affects pay, we do not know whether and how it affects access to managerial posts. Cevat Giray Aksoy, Christopher S. Carpenter, Jeff Frank, and Matt L. Huffman provide the first large-scale evidence of the relationship between sexual orientation and workplace authority.

Empirical research on sexual orientation and work-related inequality has focused on earnings […]

  • Permalink Gallery

    Lessons from South Korea: What would a hard Brexit mean for British manufacturers?

Lessons from South Korea: What would a hard Brexit mean for British manufacturers?

The UK government has proposed maintaining a ‘common rulebook’ with the European Union following Brexit, which would in principle prevent non-tariff trade barriers from developing. But if this proposal fails and the UK leaves without a deal, how would British manufacturers be affected? Robert Basedow draws lessons from the South Korean car industry, noting that manufacturers based outside of […]