Resolution Foundation Events Podcast

How to navigate economic storms: Lessons from Britain’s past

Britain is one of many countries today in the midst of an economic storm – battered by high inflation, rising interest rates and falling GDP, and set against a wider backdrop of low growth and high inequality. But this is merely the latest of many economic storms the country has had to weather in recent decades, and Britain is hardly alone in having to confront major economic challenges. From the break-up of economic trading blocs, to eras of profound political instability and disruptive price shocks, many other nations have had to adjust to profound economic change, for better and for worse.
As Britain navigates the economic challenges of the decade – from changing macroeconomic norms, to our post-Brexit place in the world and the net zero transition – it’s important to learn from the successes and mistakes of previous periods of economic change, both at home and abroad.
To do this, The Economy 2030 Inquiry – a collaboration between the Resolution Foundation and the Centre for Economic Performance at the LSE, funded by the Nuffield Foundation – is publishing a series of essays by renowned economists from around the world.
The first four essays – an assessment of how the UK economy has adjusted to other periods of disruptive change over the last century, the lessons and legacies of the 1980s, warnings from Italy’s economic stagnation, and the successes and failures of ‘crazy ideas’ in Estonia’s radical transformation – will be published on Thursday 17th November, with more to come in the months ahead.
The Resolution Foundation is hosting an in-person and interactive webinar to launch the two essays focussed on lessons from recent UK economic history. Speakers include three of Britain’s leading economists: Nick Crafts and John Muellbauer (who have authored two of the essays) and Diane Coyle. The essays on Italy and Estonia are being launched at a separate event at the Bristol Festival of Economics.
Read the essays: https://economy2030.resolutionfoundation.org/themes/navigating-economic-change/ 
View the event slides: https://www.resolutionfoundation.org/events/how-to-navigate-economic-storms/ 

Impact investing in technology to address skills and employment challenges

Resolution Foundation event during Week of VocTech
Ufi Ventures, the Resolution Foundation and guests explore the future of investment in impact, with a focus on skills technology.
The session will explore:
What is the opportunity for early-stage investing in new solutions to tackle ‘future of work’ skills and employment challenges?
What is the market outlook for impact businesses compared to others in the changing market conditions?
What do impact investors in skills technology look for?
What does success look like for venture investing in this space?
What’s the benefit to a founder of finding an impact investor? What advantages do impact driven companies have?
How effective are the emerging models being used in impact investing?
Watch back the event here: https://www.resolutionfoundation.org/events/impact-investing-in-technology-to-address-skills-and-employment-challenges/ 

Mortgaged millennials to bitterly cold boomers: Assessing the cost of living crisis across generations

Rising energy bills are with us and rising mortgage bills are on the way. While wages are falling far behind inflation, debates rage about whether benefits or the state pension should do the same. Older workers have not returned to the labour market post-Covid, while younger workers may suffer most from the unemployment rise the Bank of England now deems necessary. Britain is in the midst of a cost of living crisis that has many different components, with the result that its scale and nature varies across age groups depending on their jobs, assets and financial resilience.
What economic state were different generations in before the cost of living crisis? How will different age groups experience the current crisis and its various components? To what extent has the Government’s response to the crisis redistributed the costs and benefits fairly across generations? And what policies could help to ensure that both old and young people enjoy a brighter economic future?
The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from its annual Intergenerational Audit, carried out in collaboration with the ESRC-funded ‘Connecting Generations’, we will hear from leading experts on what these findings tell us about the economic state of different age groups and the challenges – and opportunities – facing policymakers in sharing the burden of the cost of living crisis fairly.
Read the report: https://www.resolutionfoundation.org/publications/an-intergenerational-audit-for-the-uk-2022/ 
View the event slides: https://www.resolutionfoundation.org/events/mortgaged-millennials-to-bitterly-cold-boomers/ 

Unfair treatment: Assessing the scale of workplace discrimination, and efforts to stamp it out

Anti-discrimination laws have been with us since the 1960s, but despite this discrimination against workers based on protected characteristics such as race, gender and disability remains prevalent in many workplaces today. This can affect who gets which job, and means the world of work feels very different for different people.  And while there are routes to enforcing these laws – through state enforcement bodies and the courts – workers facing discrimination often find they are far from easy to pursue.
How prevalent is discrimination in the workplace, both as a whole and against specific characteristics? To what extent does this align with people’s experiences of discrimination at work? How successful are individuals at taking action when they face discrimination? And what can be done to improve the enforcement of anti-discrimination laws?
The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions, as part of an ongoing project on labour market enforcement with Unbound Philanthropy. Following a presentation of the key highlights from the report, we will hear from leading experts on what these findings tell us about the prevalence of workplace discrimination and how to improve anti-discrimination enforcement to better protect workers.
The event will be open for people to physically attend, alongside being broadcast via YouTube and the Resolution Foundation website. Viewers will be able to submit questions to the panel before and during the event via Slido.
Read the report: https://www.resolutionfoundation.org/publications/policing-prejudice/ 
View the event slides: https://www.resolutionfoundation.org/events/unfair-treatment/ 

Under new management: Where will the new Prime Minister steer the UK economy?

Britain is in the midst of a political and economic crisis, with four Chancellors and three Prime Ministers in four months. And with the latest political turmoil triggered by attempts to completely rewrite economic policy, the new Prime Minister is under intense pressure to demonstrate his economic credibility, calm the markets and reduce the pressure for faster interest rate hikes. Further tax rises and renewed public spending cuts are all under consideration in the Treasury, with the new Prime Minister choosing to delay and expand the Medium-Term Fiscal Plan into an Autumn Statement on 17th November.
What is the outlook for the UK economy? How large is the fiscal challenge facing the new Prime Minister? What options are available to them and the Chancellor to ensure debt is falling in the medium term? And is a rerun of austerity on the cards?
The Resolution Foundation is hosting an event to debate and answer these questions. Following a presentation of new Resolution Foundation analysis on the economic outlook ahead of the Autumn Statement 2022, we will hear from a panel of experts on what approach the new Government should take in setting out a new economic strategy.
The event will be open for people to physically attend, alongside being broadcast via YouTube and the Resolution Foundation website. Viewers will be able to submit questions to the panel before and during the event via Slido.
Read the report: https://www.resolutionfoundation.org/publications/mind-the-credibility-gap/ 
View the event slides: https://www.resolutionfoundation.org/events/under-new-management/ 

Demographic destiny? How age, race, gender and class shape our economy

People’s characteristics can shape many aspects of their lives, including their economic lives – from where they shop and live, the assets they hold – and the jobs they do. These impacts filter through to the shape of a country’s economy – with knock-on effects for government spending, interest rates, wealth and longer-term growth. Attempts to achieve widely shared goals for faster growth, or political objectives for particular levels of taxation, need to rest on an understanding of the interactions between demography and economics.
To what extent does someone’s gender, age, race, education and upbringing affect what they buy, where they live and what job they do? How do these effects feed into a country’s level of growth and productivity? What impact does this have on the public finances? And how can policy makers use an understanding of Britain’s demographics to design better policies, from health and pensions, to migration and the environment?
The Resolution Foundation is co-hosting an event with the Society of Professional Economists to debate and answer these questions. Following presentations from Amlan Roy, who recently published a book on this topic, and Dr Norma Cohen, the panellists will discuss how understanding demography can improve economic policy making and bring about higher growth.
View the event slides here: https://www.resolutionfoundation.org/events/demographic-destiny/ 

Stagnation Nation: The role of Greater Manchester in renewing the UK’s economic strategy for the 2020s

A joint event with Resolution Foundation and Greater Manchester Combined Authority
The United Kingdom is facing a decisive decade of huge economic change, from tackling the energy bills crisis, to restructuring after Brexit and the pandemic, and urgently transitioning towards a net zero future. But it is doing that against a backdrop of low growth and high inequality, a toxic combination that leaves low- and middle-income households dangerously exposed to today’s cost of living crisis.
What role can economic strategies – national and local – play in responding to the challenges of the 2020s, to secure higher growth and lower inequality? How will the changes to come affect the jobs we do, the places we live and the businesses we work for? And what are the prospects of the country rising to these challenges?
The 2020s will see big new opportunities for people and places throughout the UK and North of England, if emerging and more well-established strengths in world-class scientific, creative, industrial and manufacturing assets are built upon. But these changes come with major disruption, and therefore also carry risks, with lessons to learn from how different areas of the UK have responded to past periods of economic change.
Greater Manchester’s many strengths must be harnessed to manage the economic changes of the 2020s well. But to really thrive, the city-region will need to find ways to ensure that everyone benefits from growth and investment aimed at reducing its productivity gap with places like London and Edinburgh.
The Resolution Foundation, in partnership with the Greater Manchester Combined Authority (GMCA) are co-hosting an event to debate these questions and find some answers. This event is part of The Economy 2030 Inquiry – a collaboration between the Resolution Foundation and the Centre for Economic Performance at the LSE, funded by the Nuffield Foundation – and the Greater Manchester Independent Prosperity Review.
View the event slides here: https://www.resolutionfoundation.org/events/stagnation-nation-greater-manchester/ 

What next? The impact of Trussonomics, tax cuts and market turmoil

The last few days have seen a radical reshaping of the Government’s economic policy and a radical reaction from financial markets. Out have gone both Treasury orthodoxy and the legacy of the Johnson premiership, and in are lower taxes, higher borrowing – and higher borrowing costs as spooked markets respond.
Will this new strategy boost growth in the short- and medium-term? What does market turmoil mean for the Bank of England and Treasury – which has a deadline of 23rd November to explain how the public finances will be set on an sustainable footing? Are more tax cuts to come, or are spending cuts more likely?
The Resolution Foundation is hosting an event to debate and discuss these questions. Following a presentation of the Foundation’s analysis, we will hear from leading experts on what might happen next amid a new era for economic policy making.
View the event slides here: https://www.resolutionfoundation.org/events/what-next/