Modern supply chains are international and highly fragmented, and services can be readily traded. Our expertise makes sense of these complexities.
Quite literally, steel is the backbone of a modern society. Unfortunately, the production of steel contributes significantly to human-made climate change.
It is very unlikely society will cease to demand steel, so it is important to figure out how the iron and steel industry c…
In a previous blog post I wrote about how the positive impacts of trade may be exaggerated by standard models – and how the economic impacts of trade may not always be positive.
I noted that simulations with Cambridge Econometrics’ post-Keynesian E3ME model would not necessar…
Outdated theories, unrealistic assumptions… our understanding of international trade is skewed.
This latest blog by Hector Pollitt suggests that the ‘more is better’ assumption is too simplistic. In fact, he argues, the benefits of international trade are overplayed and it’s ti…
On 11 September 2017 the UK government announced that two developers would commit to delivering 2.4GW of offshore wind capacity for a strike price of £57.50 per MWh generated from 2022/23, taking the industry by surprise. Comparisons to the £92.50 MWh required by the planned H…
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