Current approaches France and Germany have introduced large financial rescue packages to seek to lessen the impact of the COVID-19 pandemic on their economies. Bruno Le Maire, the French Finance Minister, has announced an aid package to help businesses and employees worth over 300 billion Euros. The German Federal and state governments have announced measures … Continue reading “The Role of Short-Time Working Schemes in Mitigating the Impact of Financial Crises: Learning From France and Germany”
Category: Policy
West Midlands Weekly Economic Impact Monitor – 1st May 2020
WM REDI has been tasked with providing an up to date monitor of the current Covid-19 economic impacts, on a weekly basis. These reports will help regional partners to shape responses and interventions to boost the region’s resilience so that it can thrive going forward. Each week the focus of the report is based on … Continue reading “West Midlands Weekly Economic Impact Monitor – 1st May 2020”
New Research From the Midlands Engine Economic Observatory Examines the Drivers, Opportunities and Barriers Facing the Midlands
We are happy to announce that the Midlands Engine is today publishing key outputs from the Midlands Engine Economic Observatory (MEEO). The MEEO is a partnership led by City-REDI, which includes Nottingham Trent University, the Black Country Consortium, SQW, and Cambridge Econometrics. It aims to provide essential research capacity and grow contemporary insights into the … Continue reading “New Research From the Midlands Engine Economic Observatory Examines the Drivers, Opportunities and Barriers Facing the Midlands”
COVID-19: Unemployment and Labour Market Policy Priorities
A Brief History On 14 April 2020, the Office for Budget Responsibility (OBR) published a scenario in which the UK would see a real GDP fall of 35% in Q2 2020, followed by a quick bounce back. Under this same scenario, unemployment rises by more than 2 million to a total of 3.4 million (10%) … Continue reading “COVID-19: Unemployment and Labour Market Policy Priorities”
West Midlands Weekly Economic Impact Monitor – 24 April 2020
WM REDI has been tasked with providing an up to date monitor of the current COVID-19 economic impacts to help regional partners to shape responses and interventions to ensure the region continues to thrive. The weekly monitor brings together data and intelligence from the WM REDI partnership into one single source which can be shared … Continue reading “West Midlands Weekly Economic Impact Monitor – 24 April 2020”
City-REDI Book Club – Global City Makers: Economic Actors and Practices in the World City Network
In the second edition of the City-REDI Book Club, Dr Charlotte Hoole reviews “Global City Makers: Economic Actors and Practices in the World City Network” by Michael Hoyler, Christof Parnreiter and Allan Watson. In an era of globalisation and rapid urbanisation, the city has become an important unit of analysis for understanding urban systems. This … Continue reading “City-REDI Book Club – Global City Makers: Economic Actors and Practices in the World City Network”
COVID-19 Business Support Measures: Insights from the UK, Spain and Ireland
The International Labour Organisation (ILO) estimates that COVID-19 will have far-reaching impacts on world labour market outcomes. The virus and the subsequent economic shocks will impact the world of work across three key dimensions: The number of jobs (both unemployment and underemployment) The quality of work (e.g. wages and access to social protection) Effects on … Continue reading “COVID-19 Business Support Measures: Insights from the UK, Spain and Ireland”
City-REDI Book Club – The Wealth and Poverty of Cities: Why Nations Matter
As the COVID-19 pandemic forces people to stay at home, it is increasingly changing our ways of living and working. Major phone networks and internet providers in the UK have reported a surge in demand whilst the online streaming platform Netflix has reduced its streaming quality to respond to increased traffic. Remote working tools such … Continue reading “City-REDI Book Club – The Wealth and Poverty of Cities: Why Nations Matter”
Is Birmingham a Just City?
The story of Birmingham’s post-industrial decline in the twentieth century is well known. However, any visitor to the city centre today can’t help but notice its urban renaissance in the twenty-first. From the revitalised New Street station to the glass tower blocks at Snow Hill, major regeneration projects are visually transforming the city. Many of … Continue reading “Is Birmingham a Just City?”
Economic Exposure to COVID-19 (Part III): The Situation in the West Midlands Region – The Sectoral Effects of a Lockdown
Like any good Hollywood blockbuster you can think of, here we finish the trilogy of blogs related to the economic exposure to COVID-19 of the West Midlands’ sectors [1]. If you are still reading this series and you are not overwhelmed yet by the amount of information (and disinformation) related to the pandemic, I hope … Continue reading “Economic Exposure to COVID-19 (Part III): The Situation in the West Midlands Region – The Sectoral Effects of a Lockdown”