I am an economist and my research interests include economic policy, regional economics, corporate performance and innovation (further information is here). My research is primarily concerned with new developments in innovation policy and analysing knowledge exchange between academics and the private, public and third sectors. My current research project is concerned with analysing business-university relationships in the UK.  You can find further information about this project on the Centre for Business Research (CBR) website here.

I am University Associate Professor in International Macroeconomics at the Judge Business School, Cambridge; Director, The Cambridge MBA; Assistant Director of the Centre for Business Research, Cambridge; and Fellow of St Catharine’s College, Cambridge.

What’s New

Understanding the post-COVID state and its geographies, Cambridge Journal of Regions, Economy and Society, March 2023, (with Mia Gray, Linda Lobao and Ron Martin).

UK to perform worst of major economies in 2023, says IMF – here’s how to achieve long-term growth, 2 February 2023

Dataset: Cambridge Centre for Business Research Survey of Knowledge Exchange Activity with Universities by United Kingdom Companies, 2017-2021. SN:9037, December 2022 (with Alan Hughes, Ammon Salter, David Angenendt and Robert Hughes). DOI: 10.5255/UKDA-SN-9037-1

The Changing State of Business-University Interactions in the UK 2005 to 2021, NCUB and CBR, March 2022 (with Alan Hughes, Ammon Salter, David Angenendt and Robert Hughes).

Editorial Activities

I am one of the editors of the Cambridge Journal of Economics and of the Cambridge Journal of Regions, Economy and Society.

Political Economy Seminars

I organise the St Catharine’s Political Economy Seminars with Professor Philip Arestis. You can find details of past seminars here.  The seminar series started in 2011 on the theme on the ‘Economics of Austerity.’  The series was paused because of the pandemic but it will re-start in early 2023 and further details will be posted here.


How should a government be? The new levers of state power (with Tanya Filer, Jaideep Prabhu and Stephen Taylor), Cambridge Alumni Festival, 27 September 2021

The shift from West to East, Cambridge Risk Summit, 15 June 2020

The economic impact of the Covid-19 pandemic: some initial comments

Podcasts (Judge podcast series unless otherwise indicated)

Technology and work 10 June 2020

Post-Brexit Britain 29 April 2020

The gig economy 20 January 2020

Gold and the future of the global reserve currency system OMFIF (Official Monetary and Financial Institutions Forum) podcast, 14 January 2020

Office politics 28 November 2019

Skills: what skills are required for the 21st Century, and what is the role for technology and governments?  18 September 2019

Leadership  15 July 2019

Innovation ecosystems 14 May 2019

The Brexit dilemma  EBRD’s podcast: Pocket Dilemmas, 4 April 2019

Business opportunities and challenges in Brazil 3 April 2019

Healthcare policy and drug development  18 March 2019

Energy and energy policy  4 February 2019

Corporate governance 12 December 2018

Innovation 14 November 2018

Alternative finance  10 October 2018

The return of industrial policy  15 August 2018

Dealing with risk   20 June 2018

Gender inequality in the workplace 1 June 2018

The rise of Silicon Valley  25 April 2018

Inequality of income and wealth  12 March 2018

Is globalisation going into reverse?  1 February 2018


UK to perform worst of major economies in 2023, says IMF – here’s how to achieve long-term growth, 2 February 2023

Biden’s US$1.9 trillion stimulus won’t be enough to reignite world economy  16 March 2021

A £50 billion ‘Remain bonus’?   3 December 2019

George Osborne at the IMF?  5 July 2019

G20 will be about Donald Trump and his tariffs – but China will dominate the new world order 30 November 2018

The ‘shrinking state’, 28 November, 2018

UK Budget 2018: experts respond

Budget 2017 (part 2): experts respond

UK budget 2017: experts respond

Global cooperation is at risk just when our economies need it most

Bank of England signals price rises as pound in Britons’ pockets gets smaller

Forget Super Thursday, the Bank of England can only offer Mildly Useful Thursday

Ignore the mudslinging – Corbyn would be a sound option for Labour

Budget 2015: cuts to make Daily Mail readers wince, but not just yet

David Cameron’s red light zone is closer to home than he thinks

The world economy in 2050

How to shape economic policy when we move beyond GDP

Osborne’s four myths mean he hits the poor and helps the rich

Immigration rhetoric is a threat to Britain’s long-term growth

Does economics need less maths or more?

Economics: an art not a science

Budget 2014: how good politics can trump good economics

US Politics and the health of a nation

The UK Economy: the retreat of the makers

Immigration: lies, dammed lies and the Daily Mail

Governments and Growth

The FT: defending zombie economics

The OBR and the impact of austerity

Time for TINA to turn: myths of austerity

Prospects for the world economy

More quantitative easing is not the answer to stagnation

The Great Divergence:  the state of the regions in the UK

Where are the exports going to come from?  Confusion at the Bank of England

More unfounded optimism from the Bank of England?

Dr Carney and the UK economy

The Benefits of a Plan B: lessons from the interwar period

Does manufacturing matter?

Recent Papers

The Changing State of Business-University Interactions in the UK 2005 to 2021, NCUB and CBR, March 2022 (with Alan Hughes, Ammon Salter, David Angenendt and Robert Hughes).

Innovation policy and place: a critical assessment, Cambridge Journal of Regions, Economy and Society, Volume 12, Issue 2, July 2019. Pre-print version.

Citizens of somewhere: Examining the geography of foreign and native-born academics’ engagement with external actors, Research Policy, December 2018 (with Cornelia Lawson, Ammon Salter and Alan Hughes).  OPEN ACCESS

The shrinking state? Understanding the assault on the public sector, Cambridge Journal of Regions, Economy and Society, Volume 11, Issue 3, October 2018 (with Linda Lobao, Mia Gray and Kevin Cox). OPEN ACCESS

Perceptions of entrepreneurial ecosystems in remote islands and core regions, Island Studies Journal,13, 2018, 267-284 (with C. Freitas).

Ambidextrous academics and persistence in knowledge exchange: new findings for the UK and their implications for HEI strategic management of collaborative R&D and related activities, February 2018 (with Alan Hughes, Cornelia Lawson and Ammon Salter).

Knowledge Exchange and Research Council Institutes: Interactions with External Organisations, 2012-2015, NCUB, October 2016 (with Alan Hughes, Robert Hughes and Anna Bullock)

The Changing State of Knowledge Exchange UK Academic Interactions with External Organisations, 2005 -2015, February 2016 (with Alan Hughes, Cornelia Lawson, Ammon Salter, Anna Bullock and Robert B. Hughes)

Knowledge Exchange in UK Universities: Results from a Panel of Academics 2005 – 2015, February 2016 (with Cornelia Lawson, Alan Hughes, Ammon Salter, Anna Bullock and Robert B. Hughes)

Cultural Connections: The Role of the Arts and Humanities in Competitiveness and Local Development, March 2014 (with Alan Hughes, Jocelyn Prober, Royce Turner, Anna Bullock and Isobel Milner)

Connecting with the Ivory Tower: Business Perspectives on Knowledge Exchange in the UK, November 2013 (with A. Hughes)

The Dual Funding Structure for Research in the UK: Research Council and Funding Council Allocation Methods and the Pathways to Impact of UK Academics, Report for the Department of Business, Innovation and Skills (BIS), May 2013 (with A. Hughes, A. Bullock and I.Milner).

Britain’s withdrawl from the Gold standard: the end of an epoch.  Why plan A in the 1920s did not work and how a resort to plan B promoted recovery in the 1930s.

The Deindustrial Revolution: the rise and fall of UK manufacturing, 1870-2010; charting and explaining the long-run decline of manufacturing in the UK (with J.Michie)


Why the Euro will collapse

2010-2020: a lost decade for the world economy?

The myth of the ivory tower: the role of academics in the innovation ecosystem.