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All Outputs (8)

The macroeconomics of austerity (2023)
Report
Michell, J., Calvert Jump, R., Meadway, J., & Nasciemento, N. (2023). The macroeconomics of austerity. https://progressiveeconomyforum.com: Progressive Economy Forum

A new study from the thinktank the Progressive Economics Forum (PEF), published today, uses official figures to show that the total economic damage inflicted by austerity is significantly higher than previously thought, needlessly cutting more than h... Read More about The macroeconomics of austerity.

Creating jobs in low- and middle-income countries through demand-side policies (2023)
Report
Michell, J., & Aboobaker, A. (2023). Creating jobs in low- and middle-income countries through demand-side policies. https://www.ilo.org: International Labour Organisation (ILO)

This brief focuses on demand-side policies for promoting employment in LMCs. The shifting consensus on macroeconomic policy in advanced economies, alongside growing acceptance of industrial policy, provides an important opportunity for reconsideratio... Read More about Creating jobs in low- and middle-income countries through demand-side policies.

The dangerous fiction of the "fiscal black hole" (2022)
Report
Michell, J., & Calvert Jump, R. (2022). The dangerous fiction of the "fiscal black hole". Progressive Economy Forum

Media reporting of the economy and choices facing the new Prime Minister and Chancellor has focused on a supposed ‘black hole’ in the public finances, typically given as being around £50bn in five years’ time. This has been presented as an urgent pri... Read More about The dangerous fiction of the "fiscal black hole".

Demand-side policies for employment promotion in low-and middle-income countries
Report
Aboobaker, A., & Michell, J. (2022). Demand-side policies for employment promotion in low-and middle-income countries

High rates of unemployment and underemployment are widespread in many low- and middle-income countries (LMCs). Progress has been disappointing during a period in which the historical policy focus on capital accumulation and structural transformation... Read More about Demand-side policies for employment promotion in low-and middle-income countries.