Research in action
We are one of the UK’s leading departments for the economics of development and growth. Our research is unique in its depth and range of regional coverage. A special feature our work is its orientation towards political economy as well as finance and development. The main user groups and beneficiaries of the research include:
- international organizations (including the World Bank, International Monetary Fund, UN)
- governments of developing countries (including South Africa, Ethiopia, Bangladesh, Vietnam)
- governments of developed countries (such as UK, France, Argentina, Greece).
Influencing the policy agendas of international organizations
The work of Machiko Nissanke, Professor of Economics, on taxing foreign exchange transactions (the Tobin tax), provided input to the G-20 discussions on this issue; and her work on debt sustainability has been taken up by the IMF, the World Bank, the Commonwealth Secretariat’s Financial Ministerial Conference and the African Development Bank, and incorporated into UNCTAD, FAO and NGO research work on commodities. Estimates by Professor Massoud Karshenas of the impact on global poverty of the 2008 world financial crisis were taken up by UN organisations such as ILO, ITC and UNCTAD.
Working with the governments of developing countries
Professor Mushtaq Khan addressed and debated with the entire Ethiopian cabinet in June 2013 and the Ethiopian Prime Minister subsequently announced that this would be the beginning of an on-going relationship. Professor Chris Bramall's work on the sources of Chinese growth led to him being asked to advise Vietnam's Ministry of Planning and Investment and members of Viet Nam's Central Committee on the formulation of their 2011-2020 National Socio-Economic Development Plan. Jan Toporowski, Professor of Economics and Finance, has worked with the Central Bank of Argentina on the design of monetary policy.