The Great Economists and The Great Crashes are both economic history books that draw lessons from history to help with current challenges and opportunities.
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On place-based policies, respondents to CfM survey of economists were divided on whether improving productivity in lower-performing regions would significantly raise national productivity or mainly shift activity away from London and the South-East.
Reviewing similar initiatives, pay transparency typically reduces gender pay gaps by 1–3 percentage points. In Denmark, for example, a 2006 reform narrowed the gap mainly through slower wage growth for men rather than higher wages for women
Under the Sino-Soviet Treaty of Friendship, Alliance and Mutual Assistance, the USSR assisted China in constructing 149 large industrial facilities – so-called “Million-Rouble Plants” – in the 1950s.
In April, the World Bank projected energy prices to surge by 24% this year, after attacks on energy infrastructure and shipping disruptions in the Strait of Hormuz triggered what it described as the largest oil supply shock on record