Business Economics & Policy @ Birmingham Business

245 posts

Business Economics & Policy @ Birmingham Business banner
Business Economics & Policy @ Birmingham Business

Business Economics & Policy @ Birmingham Business

@BLE_BBS

Business Economics and Policy Group, Department of Management @uob_business @unibirmingham @CoSS_Birmingham

Birmingham, England Se unió Aralık 2022
136 Siguiendo49 Seguidores
Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
“So, yes, we welcome the fact that we were right and the economically illiterate Chief Commissioner No. 1, Max Caller, has been found out to be very wrong indeed. And we do hate to say we told you so.” New Blog from the Blackstuff + ⁦@johnclancyblogsfromtheblackstuff.com/bftbblog260217…
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
As the EU discusses a ‘Made in Europe’ strategy & prepares to unveil its Industrial Accelerator Act, where has the UK got to on industrial strategy? Our recent critical review in ⁦@RegionalStudies⁩ gets you up to speed. ⁦@regstudtandfonline.com/doi/full/10.10…
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
Delighted our recent @RegionalStudies paper ‘A critical review of the UK's Modern Industrial Strategy’ is getting so many reads and attention… it is a call to arms for putting place at the centre of a modern industrial strategy. @regstud @SallyJHardy doi.org/10.1080/003434…
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
The real choice is not between manufacturing and services, but between an active industrial strategy and managed decline.
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
It also undermines our capacity to deliver the green transition, which depends on domestic production of energy-intensive materials and technologies.
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
Writing off manufacturing risks locking Britain into a low-investment, low-productivity future, dependent on imports and exposed to fragile global supply chains.
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
Other advanced economies have reformed their markets, shielded industrial users from price volatility and decoupled electricity pricing from gas. The UK has chosen not to.
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
Nor are Britain’s energy costs a law of nature. They are the result of policy choices. Wholesale electricity prices are still set by gas, even when renewables are generating power at far lower cost.
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
Remove the industrial base and much of the supposedly footloose “services economy” withers alongside it.
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Business Economics & Policy @ Birmingham Business retuiteado
Prof David Bailey
Prof David Bailey@dgbailey·
Manufacturing is not some outdated relic we can painlessly abandon in favour of services. Modern industry and services are increasingly intertwined: advanced manufacturing sustains high-value activities in design, engineering, logistics, data analytics and after-sales support.
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