Western economies face rising costs for pensions, healthcare and other social goods. At the same time pressure on the public finances is greater. How can government champion efficient and affordable social systems and compete in an ever tougher global market?
Politeia's 2014 economic series explores how different international systems pay for the social policies which their societies expect. It considers the principles behind successful systems. Addressing the series will be UK and international guest speakers - politicians, economists and actuaries, business and other specialists who have advised on, or created and introduced such systems. The next event will be on 3 April 2014, 6.30-7.30 p.m,.The Swiss Pensions System and Germany's Reform Plans, with Professor Lars Feld, University of Freiberg and Member of the German Council of Economic Experts (to read more, click here).
For the list of speakers click here.
Recent Event - Can We Pay for the Future? Financing health and pension systems: What Lessons for Policy
On Wednesday 12th February Dr Ludger Schuknecht, opened Politeia’s 2014 economic series Paying for the Future: Contributory or Tax funded Systems?
As 2014 opens, the news from the Treasury seems upbeat. Growth is back. Economic forecasts are being revised upwards. The mood has switched from gloom to boom.
In After Osbrown: Mending Monetary Policy, Douglas Carswell MPfor Clacton, who previously worked in fund management, warns all is not what it seems. The warning signs are already there: this may yet prove to be another credit-induced recovery. The UK is increasingly dependent on consumer spending and mortgage debt. Savings and investment are down. The UK’s current account deficit is widening.
Roger Cashmore, David Mowat, Simon Taylor
Energy costs are now centre-stage in the policy debate at Westminster as both government and opposition promise to tackle rising costs. But if energy is to be affordable in the longer term, a secure supply of energy is needed. So too is a variety of sources. For that, says Politeia’s Nuclear Options: Powering the Future, nuclear will be needed.
Its authors*, Professor Roger Cashmore, Dr Simon Taylor and David Mowat MP, welcome the plan to build Britain’s first nuclear reactor for over 20 years at Hinkley Point - a first step towards reversing the decline of UK nuclear power. Nuclear, which today accounts for around 20 per cent of electricity generation, is set to diminish as all nuclear power stations are due to close in the next decade.
50p Income Tax? Bad Politics, Worse Economics!
The Shadow Chancellor’s announcement that Labour would, if returned to power, restore the 50 pence to rate of income tax, has prompted a lively response. But, suggests Professor David B Smith, while the jury may be out on the politics, the evidence against the economics is pretty conclusive.
UK Growth—Up or Down? Set Labour Markets Free to Succeed
As unemployment figures dropped to 7.1 percent this week, the puzzle remains why the economy is not growing. Dr Sheila Lawlor warns that the costs of labour are too high.
Money Matters! Stimulus economics must give way to disciplined monetary policy
As Labour propose, if elected, to limit the market share of the ‘big five’ banks, Douglas Carswell MP explains that for sustainable growth, the money supply must be controlled.
Counting Crime - When the figures don't add up
This week Sir Bernard Hogan Howe,the Metropolitan Police Commissioner acknowledged that the crime statistics returned by his force may have been manipulated. Simon Reevell MP warns of the consequences of a practice which may be endemic.
Cut Costs to Compete
Britain must review more than benefit tourism if she is to compete in world markets, says Sheila Lawlor.