The Office of Budget Responsibility’s (OBR) COVID-19 analysis published on 14th April 2020 makes clear that on the basis of evidence from past pandemics the economic impact of the crisis will arise less from illness and death than from the reduction in demand for goods and services stemming from public health restrictions and social distancing … Continue reading “Estimates of the Local Impact in the West Midlands of the OBR Scenario of a 35% Reduction in Real GDP in Q2 2020”
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”
The Uneven Spatial Footprint of the Coronavirus (COVID-19) Shutdown
In this blog, Tasos Kitsos looks into the spatial heterogeneity in the distribution of industries currently shut down in the UK. As the COVID-19 pandemic continues to develop, we begin to realise the potential economic impact from the oncoming recession. The Office for National Statistics has moved with unprecedented speed to gather data on the … Continue reading “The Uneven Spatial Footprint of the Coronavirus (COVID-19) Shutdown”
City-REDI Weekly Update – 9th April 2020
Welcome to your weekly update. If you have any feedback please let us know. Blogs The Long-Term Impact of Homeworking Arising From the Coronavirus (COVID-19) Crisis The Coronavirus crisis has caused a large-scale switch to homeworking for businesses. In this blog, Dr Chloe Billing discusses some of the long-term impacts homeworking might have for individuals, … Continue reading “City-REDI Weekly Update – 9th April 2020”
The Role of Civic Universities in the Coronavirus Crisis and Beyond
I joined City-REDI / WM REDI in a very different world to the one in which universities are now operating and which is having and will have a profound effect on how we work with our cities and regions. It is therefore important that groups like City-REDI / WM REDI contribute their analytical capacity to … Continue reading “The Role of Civic Universities in the Coronavirus Crisis and Beyond”
Identifying Exposure: What Do the IFS Estimates on the Coronavirus Sector Shutdown Mean for the West Midlands?
On April 6th 2020 the Institute for Fiscal Studies published a briefing note about which workers are most exposed to the COVID-19 lockdown. In this blog, Tasos Kitsos looks at the relevant figures for a range of sub-national areas focussing on West Midlands Combined Authority and constituent LEPs and Local Authorities. The sectors directly affected … Continue reading “Identifying Exposure: What Do the IFS Estimates on the Coronavirus Sector Shutdown Mean for the West Midlands?”
The Long-Term Impact of Homeworking Arising From the Coronavirus (COVID-19) Crisis
The ‘Legoland discovery centre’ replica of Birmingham City Centre has had thousands of mini-figures removed to reflect the city’s empty streets, as the COVID-19 crisis means that millions are asked to stay at home. The abandoned City Centre scene reflects how 1 in 3 of all businesses have closed under the COVID-19 regulation (1 in … Continue reading “The Long-Term Impact of Homeworking Arising From the Coronavirus (COVID-19) Crisis”
City-REDI Weekly Update – 2nd April 2020
Welcome to your weekly update. If you have any feedback please let us know. Blogs Local Resilience and the Coronavirus (COVID-19) Economic Crisis In this blog, Dr Tasos Kitsos discusses the economic impact Coronavirus will have on the West Midlands by reflecting on the 2008 economic crash whilst considering the factors at play during this … Continue reading “City-REDI Weekly Update – 2nd April 2020”