This blog discusses the importance of skills development and local labour market improvements for regional growth, focusing on initiatives in the West Midlands through the WMREDI program. It highlights research and policy efforts to tackle employment barriers, and skills gaps, and enhance workforce capabilities in areas such as digital skills, R&D, and youth employment. Building … Continue reading “The Impact of WMREDI : Strengthening Local Labour Markets and Skill Development for Regional Growth”
Tag: The West Midlands
The Impact of WMREDI : Shaping Evidence-Based Policy and Business Cases
This blog highlights the work of the West Midlands Economic Development Institute (WMREDI) in developing evidence-based policy, business cases, and evaluation frameworks to support regional growth. It discusses WMREDI’s impact on building analytical capabilities, fostering resilience, and shaping local industrial strategies through innovative tools, research, and collaborations. In the dynamic landscape of regional policy development, … Continue reading “The Impact of WMREDI : Shaping Evidence-Based Policy and Business Cases”
West Midlands Economic Impact Monitor – 28 November 2024
This month the International Monetary Fund (IMF) forecasts stable but underwhelming global growth. US upgrades offset downgrades for European economies and emerging markets impacted by conflicts, weather events, and commodity disruptions. The UK’s Invest 2035 plan is under consultation. It focuses on tackling growth barriers and creating high-quality jobs in high-growth sectors, with a modern … Continue reading “West Midlands Economic Impact Monitor – 28 November 2024”
Birmingham Economic Review 2024: A Year of Hope and Recovery
Alice Pugh, Emily Stubbs, and Gemma Dilkes summarise the key points in this year’s Birmingham Economic Review, produced by City-REDI and the Greater Birmingham Chambers of Commerce. The review highlights the ongoing recovery of the Greater Birmingham Economy that the city-region has been experiencing, during a period of UK and global political uncertainty. Highlighting both … Continue reading “Birmingham Economic Review 2024: A Year of Hope and Recovery”
The Impact of WMREDI: A Collaborative Approach to Regional Economic Development
This blog explores the impact of the West Midlands Regional Economic Development Institute (WMREDI), looking at its role in creating collaboration between universities, businesses, and policymakers to drive regional economic growth. The West Midlands Regional Economic Development Institute (WMREDI) was created in response to a need in the region for a more collaborative, evidence-based approach … Continue reading “The Impact of WMREDI: A Collaborative Approach to Regional Economic Development”
The WMREDI Story: Insights From Danielle Dale
In her new role as Executive Assistant for Professor Rebecca Riley, Danielle Dale blogs about attending the launch event of the WMREDI Story. I am really enjoying being an Executive Assistant for our Deputy Pro Vice Chancellor for Regional Engagement, Professor Rebecca Riley (Bec). Bec co-directs our City-REDI research institute. Recently, I attended the West … Continue reading “The WMREDI Story: Insights From Danielle Dale”
The Launch of the WMREDI Story
The WMREDI Story was launched on Thursday, 10 October, at The Exchange, University of Birmingham. The report provides an in-depth look at the West Midlands Regional Economic Development Institute’s (WMREDI) successes, challenges, achievements, and impact. Find out more and download the WMREDI Story A brief history of WMREDI WMREDI was based at the University of … Continue reading “The Launch of the WMREDI Story”
West Midlands Economic Impact Monitor – 27 June 2024
This month, the World Bank has recommended global cooperation to safeguard trade, support green and digital transitions, deliver debt relief, and improve food security. Economy and Business Despite an improvement in near-term prospects, the global outlook remains subdued by historical standards. In 2024-25, growth is set to underperform its 2010s average in nearly 60 percent … Continue reading “West Midlands Economic Impact Monitor – 27 June 2024”
West Midlands Economic Impact Monitor – 26 April 2024
The forecast for global growth five years from now—at 3.1%—is at its lowest in decades. Global inflation is forecast to decline steadily, from 6.8% in 2023 to 5.9% in 2024 and 4.5% in 2025, with advanced economies returning to their inflation targets sooner than emerging markets and developing economies. Economic momentum is set to return … Continue reading “West Midlands Economic Impact Monitor – 26 April 2024”
West Midlands Economic Impact Monitor – 28 March 2024
The final monitor before the Easter break brings us the news that input prices continue to slowly fall, which should contribute to decelerating inflation, yet the global economy is still showing slow growth. Most indicators show a moderate improvement, but all indications are that recovery will continue to be very slow. The Office for Budget … Continue reading “West Midlands Economic Impact Monitor – 28 March 2024”