LSE alumni

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    How faster productivity growth in low-skill sectors contribute to wage stagnation

How faster productivity growth in low-skill sectors contribute to wage stagnation

The real wage of non-college workers in the U.S. has grown by about 20 per cent since the 1980s, which is less than half of the growth in aggregate labour productivity. This is rather puzzling because low-skill workers tend to work in sectors that have higher productivity growth, yet their wages are lagging behind those of high-skill workers and […]

The enemy within: the isolated B in BAME

Let’s face it, no one wants to talk race – for some it is inelegant or frankly improper, for others it blurs the lines of political correctness, but for most of us it’s just outright uncomfortable! Yet whatever group we identify with, race is something we cannot circumvent nor ignore. It surreptitiously pervades every aspect of our existence.

With all […]

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    When the pandemic struck Indonesia, urban gig workers were hit the hardest

When the pandemic struck Indonesia, urban gig workers were hit the hardest

“We know what can end poverty. But how come poverty never diminishes?” was the reply I received from Harry, who works as a gig worker in a city in Scotland when we were discussing poverty. The reason I specify his identity is because it is significant to what I am about to elaborate.

Indonesia’s rural poverty has always been higher […]

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    Not all data is created equal: the promise and peril of algorithms for inclusion at work

Not all data is created equal: the promise and peril of algorithms for inclusion at work

In 2016, Microsoft unveiled its first AI chatbot, Tay, developed to interact and converse with users in real-time on Twitter and engage Millennials. Tay was released with a basic grasp of language based on a dataset of anonymised public data and some pre-written material, with the intention to subsequently learn from interactions with users.

On March 23, Tay took its […]

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    The cyclical relationship between innovation and inclusion in the workplace

The cyclical relationship between innovation and inclusion in the workplace

Workplaces are constantly evolving in the modern-day world. As such, business leaders must be readily adaptable in responding to new situations and problems as they occur. This continual advancement can cause a shift in the focus of an organisation’s business goals. Two areas that have seen recent prolonged interest within organisations are: innovation, and diversity and inclusion (D&I).

Innovation has […]

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    Hidden from public view, directors’ pay in Malaysia leads to inefficiency and inequality

Hidden from public view, directors’ pay in Malaysia leads to inefficiency and inequality

Ownership and control of business corporations by state or government is common in Asian economies. Whether this is a better governance practice than the market-based model of developed economies remains a subject of intellectual discourse. Although studies on corporate governance question the efficiency of state ownership and control of business entities (Shleifer and Vishny, 1997), the efficiency of remuneration […]

Your supervisor’s personality impacts you forever

From experience, you know that some supervisors will motivate you to do a good job while others can have a negative impact on your performance; some supervisors are supportive while others are more critical. These differences across supervisors extend to how generous supervisors are when rating the performance of subordinates during annual performance reviews. They are not innocuous as […]

Do we need programmable money?

Programmable money can be designed to flow as easily as email without sacrificing regulatory controls, monetary policy or personal privacy. – IBM 2018

If the US dollar is to remain the world’s primary reserve currency in the unfolding digital century, how can it remain an analog instrument and unit of account for things increasingly programmable and denominated as digital tokens?– […]

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    Why trade facilitation reform requires mainstreaming digital technologies

Why trade facilitation reform requires mainstreaming digital technologies

A country’s international logistics performance depends on the extent and modernity of its trade facilitation reform (World Bank, 2018). National trade facilitation committees (NTFCs) are an institutional obligation for members of the World Trade Organization (WTO) because they serve as multi-agency platforms for stakeholder engagement. These partnerships generate consensus via ‘national roadmaps’ to customise a country’s approach to update […]

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    Managing while invisible: how the gig economy shapes us and our cities

Managing while invisible: how the gig economy shapes us and our cities

The gig economy is full of disruptive technological darlings. Uber revolutionised how we used taxis, AirBnB changed the hospitality market forever, while Deliveroo has a substantial impact on how cities develop and change and how we use our city space. Their impact, we argue, is a consequence of one of their most important inventions: how to look like they’re […]

Green finance: investors need transparency

The effects of climate change have become increasingly palpable for the general public in recent years, with wildfires having destroyed large parts of the Amazon rainforest and the Australian bush, killing more than a billion animals. The attention on the topic, including the need to reverse the inexorable decline in biodiversity and promote sustainable livestock production, has been heightened […]

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    Large economic benefits justify small-firm loan guarantees in the Covid-19 crisis

Large economic benefits justify small-firm loan guarantees in the Covid-19 crisis

Loan guarantees are a main policy response during the Covid-19 crisis. These guarantees were also popular during the Great Recession, but their demand from businesses in this crisis is unprecedented. The relatively worse economic conditions undoubtedly explain much of current demand, but also possibly highlight the differences in the guarantees’ design for each crisis. Will the new guarantees be […]

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    The tangled relationship between performance and suppliers: lessons from Formula 1

The tangled relationship between performance and suppliers: lessons from Formula 1

Underperformance in business is like a potentially serious illness. It’s imperative to identify it early, before it becomes insurmountable. Fortunately, our data-driven age provides an unprecedented richness of material for proactive leaders to sift in search of warning signs.

Once they recognise a red flag, however, what can managers do? After all, detection is one thing, and diagnosis another. Organisations’ […]

How investor pressure leads to higher dividend payouts

UK dividends paid out in 2019 reached nearly £100bn, an all-time high, with nine out of ten sectors raising dividend payouts (Darbyshire, 2020). At the same time, there have been numerous reports of companies such as Carillion, Thomas Cook, Woodford Investment Management, and BHS paying dividends that were unwarranted by underlying financial health.

Following the unprecedented effects of the Covid-19 […]

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    Artificial intelligence will play an increasing role in wealth management

Artificial intelligence will play an increasing role in wealth management

It’s likely that in the next few years, the wealth sector will experience dramatic change. The sector has historically been resistant to technology and change, with many practitioners very highly paid and very happy with the status quo. The upper end of the industry is characterised by strong personal relationships, high prices and a lack of transparency. But automation […]

Predicting bank distress with machine learning

The great American baseball sage, Yogi Berra, is thought to have once remarked: ‘It’s tough to make predictions, especially about the future’. That is certainly true, but thankfully the accelerating development and deployment of machine learning methodologies in recent years is making prediction easier and easier. That is good news for many sectors and activities, including microprudential regulation. In […]

March 12th, 2020|LSE alumni|0 Comments|

Putting sustainable finance into practice

Ensuring that their investment portfolio contribute to the long-term sustainability of the planet is one of the key challenges organisations face today. That means adopting prudent financing and a thoughtful investment strategy. But how can financial sector players go about doing that? Sustainable finance raises a lot of practical questions. Many initiatives have been launched to provide businesses with […]

February 24th, 2020|Environment, LSE alumni|0 Comments|
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    The behavioural approach to gender equality: changing how we think about workplace culture

The behavioural approach to gender equality: changing how we think about workplace culture

Over the last decade, our approach to gender inequality in the UK workplace has remained relatively static. We’ve pitched the business case for change, tried to transform mindsets with diversity and unconscious bias training, and done our best to influence the leadership pipeline with development and mentoring programmes.

In 2017, I wrote about the urgent need to change tack. The UK’s Hampton […]

January 21st, 2020|Gender, LSE alumni|0 Comments|
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    How will the UK tackle its welfare challenge in light of technological unemployment?

How will the UK tackle its welfare challenge in light of technological unemployment?

To say that the world is changing rapidly is an understatement. Climate catastrophe and that little thing called Brexit have been dominating the 2019 election.

These issues are important, but it might be a useful time to draw attention to another issue on the horizon that will play a fundamental role in our collective future – a fourth industrial revolution. This […]

December 10th, 2019|Labour, LSE alumni|4 Comments|
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    The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power – Book Review

The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power – Book Review

The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power. Shoshana Zuboff. Profile Books. 2019.
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Early this year, Shoshana Zuboff’s The Age of Surveillance Capitalism arrived to herald the new form of economic oppression we have watched creep into our lives. Zuboff, a professor emerita from Harvard Business School known […]

November 10th, 2019|Book Review, LSE alumni|0 Comments|