Blogs: Sectors, Trade & Competitiveness

Modern supply chains are international and highly fragmented, and services can be readily traded. Our expertise makes sense of these complexities.

Six big economic challenges facing the new Government

Andrew Sentance

Andrew Sentance, Senior Adviser, Cambridge Econometrics considers what challenges lie ahead for the new Conservative administration.
So it is over. The General Election results are in and we know we will have a Conservative government led by Boris Johnson.

But what will he do…

Post-Brexit Britain: Johnson gets an EU-FTA deal

brexit johnson eu fta deal

Boris Johnson has won an outright majority in the Commons and will take forward the Brexit Withdrawal Agreement.
This blog by Cambridge Econometrics founder, Terry Barker, looks at the potential economic consequences.
This is the first of two blogs and looks at the prospects fo…

Carbon-neutral steel-making: is it a possibility?

carbon neutral steel

Quite literally, steel is the backbone of a modern society. Unfortunately, the production of steel contributes significantly to human-made climate change.

It is very unlikely society will cease to demand steel, so it is important to figure out how the iron and steel industry c…

UK economy is flat and becoming more unbalanced

uk economy

GDP figures released today show the UK economy grew by 0.3 percent in the third quarter. This means economic activity has expanded by just 1 percent over the past year, less than half the trend long-term growth rate of just over 2 percent.

If we look at progress over the cours…

No-deal Brexit: how bad could it be?

It was all supposed to be so easy but, with weeks to go, a no-deal Brexit is still a possibility amidst the political chaos. How bad could it be? Managing Director, Phil Summerton, explores the indicators.
“There is no plan for no deal, because we’re going to get a great deal”…

Trade modelling, supply and demand… and Brexit

trade supply demand brexit

In a previous blog post I wrote about how the positive impacts of trade may be exaggerated by standard models – and how the economic impacts of trade may not always be positive.
I noted that simulations with Cambridge Econometrics’ post-Keynesian E3ME model would not necessa…

Austerity and the relative success of English football teams

football austerity government spending

The impact of changes to the TV industry, the financial crisis and subsequent period of austerity appear to impact on the relative success of English football teams.
Here, our Director Hector Pollitt combines two of his passions: football and economics and puts forwards some sur…

International trade – is more, better? Why economists need to take a new look at the role of international trade in the modern economy

international trade is more better

Outdated theories, unrealistic assumptions… our understanding of international trade is skewed.
This latest blog by Hector Pollitt suggests that the ‘more is better’ assumption is too simplistic. In fact, he argues, the benefits of international trade are overplayed and it’s t…

Saving Santa and the North Pole’s economy

In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable.
But how on earth do you account for ‘magic’?  Is there a currency? What about the e…