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SUMMARY:St Catharine's Political Economy Seminar Series - 'Industrial Poli
 cy in the UK' Diane Coyle - Diane Coyle
DTSTART:20190424T170000Z
DTEND:20190424T183000Z
UID:TALK121567@talks.cam.ac.uk
CONTACT:Philippa Millerchip
DESCRIPTION:*Date:* Wednesday 6 March 2019 \n*Time:* 18:00 -19:30\n*Speake
 r:*  Terry Barker \n*Talk Title:*‘Trade and Development: Why a 'No Deal'
  Brexit Would be an Economic Catastrophe’\n*Location:* Ramsden Room\, St
  Catharine's College\n\n*Speaker*\nDiane Coyle was previously Professor of
  Economics at the University of Manchester and has held a number of public
  service roles including Vice Chair of the BBC Trust (2006-2014)\, member 
 of the Competition Commission (2001-2009)\, and member of the Migration Ad
 visory Committee (2009-2014). \nDiane Coyle is currently a member of the N
 atural Capital Committee\, an expert adviser to the National Infrastructur
 e Commission and a member of the Council of Economic Advisers. Diane Coyle
  was awarded a CBE for her contribution to the public understanding of eco
 nomics in the 2018 New Year Honours. Diane Coyle is heading research in th
 e fields of public policy economics\, technology\, industrial strategy and
  global inequality. Diane Coyle is currently the Bennett Professor of Publ
 ic Policy\, and Fellow of Churchill College\, University of Cambridge.\n\n
 *Talk Overview:*\nThe disparity between the least and most productive regi
 ons in the UK is wide by the standards of many other OECD economies. While
  there are many contributory factors to the poor economic outcomes of many
  UK regions\, this paper argues that the concentration of public investmen
 t is in and around London and the South East. The appraisal process for in
 frastructure investment projects follows the methodological set out in the
  Treasury's Green Book\, with major funding allocation decisions almost wh
 olly centralised. In this paper\, Diane Coyle argues that this methodology
  has reinforced the regional imbalance of the UK economy\; that recent cha
 nges to the appraisal methods are welcome but unlikely by themselves to re
 dress the London bias in infrastructure decisions\; and that although evid
 ence-based appraisal is important\, infrastructure investments also need t
 o be based on a strategic view about economic development for the whole of
  the UK.\n\nFor other Seminars see: https://www.politicaleconomy.group.cam
 .ac.uk\n\nPlease contact the seminar organisers Philip Arestis (pa267@cam.
 ac.uk) and Michael Kitson m.kitson@jbs.cam.ac.uk) in the event of a query.
LOCATION:The Ramsden Room\, St Catharine's College
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