How To Unlock Green and Place-Based Public Investment With the Help of HM Treasury’s Green Book and Systems Thinking in Economics

Professor Andrew Brown discusses the Green Book Review, how benefit-cost ratios continue to dominate appraisals, and how systems thinking in economics can act as an aid to implementing the Green Book Review. How should government ensure the ‘value for money’ of the public purse?  Recently Bec Riley and I ran a workshop on this question … Continue reading “How To Unlock Green and Place-Based Public Investment With the Help of HM Treasury’s Green Book and Systems Thinking in Economics”

“I Blame the Green Book”- Why has Guidance Become the Scape Goat of Public Funding Decisions like Levelling Up?

Rebecca Riley outlines some of the misconceptions around the use of the Green Book. As part of the Y-PERN conference held recently, I had a slot on a session about the Green Book, partly because I chair the Green Book User Network Steering Group, but also because City-REDI does a lot of work helping partners … Continue reading ““I Blame the Green Book”- Why has Guidance Become the Scape Goat of Public Funding Decisions like Levelling Up?”

Treasury Green Book Roadshow – Presentations and Video From the Event

On the 9th of March 2021, WM REDI and the West Midlands Combined Authority hosted the Treasury Green Book Roadshow. The roadshow was the first step to developing a network of empowered, knowledgeable people to improve business case development in the region. Evidencing, exploring and choosing the right options to fix an issue, aiming for … Continue reading “Treasury Green Book Roadshow – Presentations and Video From the Event”

Treasury Green Book Roadshow – 9th March 2021, 16:00 – 17:30

Reviewing the recently published revised version of the Treasury’s Green Book. 9th March 2021, 16:00 – 17:30 on Zoom Following on from the launch of the revised green book, WM REDI and the West Midlands Combined Authority are hosting a Treasury Green Book Roadshow. This is the first step to developing a network of empowered, … Continue reading “Treasury Green Book Roadshow – 9th March 2021, 16:00 – 17:30”

The Green Book User Group – Strong Foundations for Better Intervention Development

Rebecca Riley discusses the formation of the Green Book User Group and an event to launch the latest Green Book.  This blog was first published on the Government Finance Function website.  The Green Book is a great tool for better decision-making, not a compliance code. Yet we all often hear the term “Green Book compliant” … Continue reading “The Green Book User Group – Strong Foundations for Better Intervention Development”

REDI to Debate – The Effect of COVID-19 on Levelling-Up and the Government’s Green Book

Welcome to REDI to Debate in the first edition of REDI-Updates. REDI-Updates is a bi-annual publication which will get behind the data and translate it into understandable terms. WM REDI staff and guest contributors will discuss various topics, with this first publication focusing on how inclusive growth can be a tool to tackle regional imbalances … Continue reading “REDI to Debate – The Effect of COVID-19 on Levelling-Up and the Government’s Green Book”

City-REDI publications series: Professor Anne Green – Understanding the drivers of internal migration

As part of a new blog series, we will be highlighting the excellent research produced by the City-REDI team since 2015, with the aim of creating an online searchable library. You can view this work by searching the blog with the relevant tag, either using the name of the author or the year of the publication. The … Continue reading “City-REDI publications series: Professor Anne Green – Understanding the drivers of internal migration”

All Change – Policy Ideas for the Labour Government

With the general election now concluded, City-REDI reflects on our research to see what ideas we can draw out for the Labour government. Competitive funding is bad for places Back in 2022, we looked at levelling up in an edition of REDI-Updates. In drawing together all the lessons we learnt from understanding and measuring levelling … Continue reading “All Change – Policy Ideas for the Labour Government”

Cheapening Tomorrow? Revisiting HM Treasury’s Discount Rate

Calvin Jones, Professor of Economics at Cardiff Business School, critiques current discounting practices used to evaluate long-term investments, arguing that they systematically undervalue future benefits. By advocating for a revised approach that considers ecological and social factors, Calvin suggests using a lower discount rate to prioritise sustainability and equity. The future… is another country? Go find a … Continue reading “Cheapening Tomorrow? Revisiting HM Treasury’s Discount Rate”

City-REDI Wins Impact Award

Following the success at the 2024 Impact Awards, City-REDI reflects on the team’s influential research on economics, commerce and productivity. The University of Birmingham performs cutting-edge research in a variety of fields. No two projects are the same, but they all require significant amounts of time and planning to ensure that our research has civic … Continue reading “City-REDI Wins Impact Award”