The economist David Ricardo (18 April 1772 – 11 September 1823) formulated the famous theory of comparative advantage, which soon became one of the most influential pieces in the field of international trade and industrial specialization. His theory of value (prices and rents mechanism) however is generally less known, but it also led to very … Continue reading “David Ricardo is very much alive (and kicking)”
Category: Regions
The End of the British Automotive Industry as We Know It: The Closure of the Ford Bridgend Factory and the Shift Towards the Electric Revolution
Last week, Ford announced the closure of its Bridgend engine plant with the loss of 1,700 jobs. For some, this was a surprise. Perhaps, the only surprise is that policy-makers and politicians have not been working to overcome the impacts of this closure for the last 12 months. This closure was predictable and it is … Continue reading “The End of the British Automotive Industry as We Know It: The Closure of the Ford Bridgend Factory and the Shift Towards the Electric Revolution”
Resilience, Politics and Awards: Reflections from Regional Studies Association’s Conference in Santiago de Compostela
Tasos Kitsos reflects on this year’s Regional Studies Association’s annual conference in Santiago de Compostela. Every RSA conference is a great opportunity to meet old friends, make new, discuss research and engage in new collaborations. This one was particularly excting since it was the first time I was involved in organising a special session. Together … Continue reading “Resilience, Politics and Awards: Reflections from Regional Studies Association’s Conference in Santiago de Compostela”
How to USE-IT!
USE-IT! is a three-year European Union funded programme which aims to pioneer innovative approaches to inclusive urban development in an area of persistent poverty and deprivation in inner city Birmingham. The programme is framed around urban poverty and urban transformations and is led by Centre for Urban and Regional Studies (CURS) at the University of … Continue reading “How to USE-IT!”
New Policy Institute: The State of Economic Justice in Birmingham and the Black Country
NPI’s recent report on behalf of the Barrow Cadbury Trust depicts a shocking, if not surprising, picture of economic injustice in England’s second city and the surrounding Black Country. The report combines the traditional economic barometers like productivity with the ideas of social justice and how the economy spreads well-being. The first of its kind … Continue reading “New Policy Institute: The State of Economic Justice in Birmingham and the Black Country”
West Midlands Economic Monitor: May 2019
May’s edition of the West Midlands Economic Monitor is now available for download. This month’s installment looks at the debate around HS2, how much money you need to earn to be happy, inequality in the region, ongoing protests against LGBT-inclusive education, a range of regeneration projects planned for Birmingham, and the latest statistics around employment, … Continue reading “West Midlands Economic Monitor: May 2019”
The Realities, Challenges and Strengths of the External Funding Environment at LEP Level
When I joined City-REDI in October, I was seconded 50% of my time to the Smart Specialisation Hub in Islington for six months. The Hub provided analysis to improve local and national understanding of innovation capabilities, benchmarking innovation activity across Local Enterprise Partnerships (LEPs). Established in 2010 by the then Department for Business, Innovation and … Continue reading “The Realities, Challenges and Strengths of the External Funding Environment at LEP Level”
What is Gross Value Added (GVA)?
Welcome to part one in our new series “What is…?” where we explain the language, terms and ideas used in our day-to-day work. Other blogs from the series include: What is Transport Resilience? What is Smart Specialisation? What are Industrial Clusters and Economies of Agglomeration? Definition and Description Gross value added (GVA) measures the contribution … Continue reading “What is Gross Value Added (GVA)?”
Brexit and the UK’s Regional and Urban Challenges
Brexit poses four direct challenges that relate to sub-national, regional and urban issues. First, it leads to an economic challenge in that the UK’s interregional inequalities are likely to become even greater than they currently are. Second, and consequent upon the first, is that Brexit also leads to a political challenge in that the expectations of voters … Continue reading “Brexit and the UK’s Regional and Urban Challenges”
Meet Professor Stephan Weiler, Fulbright Distinguished Research Chair at the University of Birmingham – Part Three
Professor Stephan Weiler is currently visiting City-REDI as a Fulbright Distinguished Research Chair. The Fulbright Distinguished Chair Awards are viewed as the most prestigious appointments in the Fulbright Scholar Program, a global exchange program now in existence for over seventy years. In a series of blogs, Stephan will introduce himself and outline how this partnership … Continue reading “Meet Professor Stephan Weiler, Fulbright Distinguished Research Chair at the University of Birmingham – Part Three”