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22 October 2014

Competition powers for regulators? Not a numbers game

By Luisa Affuso and Alastair Sullivan* What tools should be used by regulators to ensure that markets work well for consumers? This question formed the heart of a recent Beesley lecture, where Jon Stern of the Centre for Competition and Regulatory Policy (CCRP) and respondent Suyong Kim, competition and regulation... Read more

14 October 2014

Shale gas - the regional dimension

By Joel Strange, PwC Economics The Beesley Lectures: Lessons from the US: what is the best framework for exploiting shale gas in the UK? At the latest in this series of Beesley Lectures, Ian Murray, Vice President for Strategy at the Competitive Enterprise Institute, provided a meticulous account of the... Read more

07 October 2014

Energy Policy post 2015 – where do we go from here?

By Stuart Cook and Sohasini Sudtharalingam Energy policy objectives are simple: to achieve security of supply; to reduce carbon emissions; and to deliver affordable bills for customers. But where are we now? We are not on a journey which will achieve these objectives and in fact, we are diverging from... Read more

28 August 2014

Escaping the middle income trap – what’s holding back the Fragile Five?

By John Hawksworth From the turn of the century until around 2012, the big story in macroeconomics was the shift in economic power to the BRICs and other large emerging economies such as Indonesia, Mexico, Turkey and South Africa. This story remains valid in parts, but the last couple of... Read more

28 July 2014

UK recovery remains on track – but no grounds for complacency

By John Hawksworth Friday’s GDP data took us past a very symbolic landmark. The level of output in the UK is now slightly above its pre-recession peak. However, we should bear in mind that the UK population has risen by more than 4% since early 2008. Average income per person... Read more

16 July 2014

Can Modi’s budget boost India’s economy?

By Anubhav Mohanty Arun Jaitley, India’s Finance Minister presented the Modi-government’s first budget last week. In a speech that lasted a little more than two hours, the Finance Minister outlined his road map for the economy which included measures to improve infrastructure, reform the tax system and allow more foreign... Read more

09 July 2014

UK economy takes off – but it could still be a bumpy ride

By John Hawksworth Our latest UK Economic Outlook report, published today, suggests that the economy is on a clear upward trend. GDP growth has accelerated from a sluggish 0.3% in 2012 to 1.7% in 2013 and we expect it to pick up to around 3% on average in 2014. It... Read more

06 June 2014

What does it take to win the World Cup?

By William Zimmern and Dan Broadfield As the 2014 World Cup in Brazil draws closer, there’s increasing interest in what makes a successful World Cup nation, and which countries are the strongest contenders to win the tournament. We find that the following factors are important in how well a country... Read more

29 May 2014

Inequality and the Piketty debate

By John Hawksworth and Andrew Sentance Thomas Piketty is the French “rock star” economist whose magnum opus, Capital in the Twenty-First Century, has become a surprise bestseller on both sides of the Atlantic and one of the most talked about books on economics in recent times. It has also attracted... Read more

20 May 2014

London takes the crown – notes from a resident

By John Hawksworth London has for the first time claimed top spot as a centre for business, finance and culture in Cities of Opportunity - PwC’s sixth annual index of 30 major cities internationally. London has edged ahead of New York since last year, with Singapore coming in a strong... Read more

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