After several decades of quiescence, global commodity prices almost doubled in 2008 and, after a brief fall, rose again in 2011. Over the longer term, the impact of population growth on demand, and of climate change on supply, makes it likely that commodity prices will continue to be an important issue on the global policy agenda. This new CEPR eReport identifies and assess the importance of the factors responsible for the recent increases in the levels and volatility of commodity prices.
CEPR, in partnership with the UK Department for International Development (DFID), is embarking upon a major new research initiative on Private Enterprise Development in Low-Income Countries (PEDL). The five-year programme, led by Research Fellow Chris Woodruff, will invest £15 million into research (predominantly) and policy uptake activities on private enterprise development in low-income countries.
The final policy report from the SCIFI-GLOW project brings together the policy briefs prepared by the project, which distill and highlight some of the key research and policy messages that have emerged during the course of the programme.
The French and Greek elections, together with a softer than expected Eurozone macroeconomy, are forcing a rethink of the austerity-only solutions embraced by political leaders across Europe. This eCollection brings together analyses by a dozen leading thinkers on austerity.
This eBook from BIS, CEPR and ESRC examines the UK’s medium-term growth prospects and the role that policy might have in shaping the economy’s growth trajectory once it emerges from recession.
The evidence in 11th GTA report on protectionism suggests that international restraints on contemporary protectionism are rather weak; If the battle against protectionism is to be won it must be fought in national capitals.
In April the €-coin indicator worsened slightly, declining to -0.08% from -0.03% in March, and interrupting the improvement that had been under way since the beginning of the year.
• In March €-coin rose slightly for the third month running to a barely negative level (-0.03% compared with -0.06% in February).
In March €-coin rose slightly for the third month running to a barely negative level (-0.03% compared with -0.06% in February).
This new CEPR eReport explores the origins of excessive risk-taking in the banking industry.