Thinking New Economy Archive
Thinking New Economy Briefings will be thought-provoking pieces which reflect policy and research developments that affect Greater Manchester.
THINKING NEW ECONOMY BRIEFINGS ARCHIVE
BRIEFING 16:
EXPORTING MORE GREATER MANCHESTER (543kb)
New Economy’s latest report highlights how many firms in Greater Manchester make a significant proportion of their income from export sales – with £7bn worth of goods and services being sold in total.
However, the report suggests that Greater Manchester firms are punching below their weight on the international stage; exporting less in value terms than the city regions of Leeds and Birmingham – although more than Merseyside and the Bristol city region.
The findings of the report show that due to the region’s size there is clearly scope to increase connectivity and further open Greater Manchester’s economy to foreign trade and investment opportunities.
RELEASE DATE: NOVEMBER 2011
BRIEFING 15:
GREATER MANCHESTER FORECASTING MODEL (GMFM 2011) (519kb)
GMFM is developed by Oxford Economics for New Economy on behalf of the ten AGMA authorities and is a key component of Greater Manchester’s evidence base. The model is of importance to all key policymakers in the conurbation who have a role in shaping public and private sector strategy. This briefing sets out the key findings presented to the GMFM seminar hosted by New Economy on 12 October.
RELEASE DATE: OCTOBER 2011
BRIEFING 14:
LOCAL DEVELOPMENT ORDERS (ldoS) AND SIMPLIFIED PLANNING ZONES (SPZs) (517kb)
LDOs and SPZs were introduced in 2006 to identify areas where planning permission for certain uses or sectors would not be needed but very few have actually been adopted to date. They aim to simplify the planning system and represent a shift in favour of development. In the current economic climate any tool which could be used to help bring forward investment is attractive and in Greater Manchester (GM) LDOs and SPZs have the potential to be used to support a wide variety of policies and objectives. This briefing paper outlines what LDOs and SPZs are, why they have not been more widely adopted and ways in which they could be used in GM
RELEASE DATE: AUGUST 2011
BRIEFING 13:
OPEN PUBLIC SERVICES WHITE PAPER (537kb)
The Open Public Services White Paper was released in July 2011 and outlines the proposed path for reform of UK public services. Much of this agenda is of a high level of interest for Greater Manchester (GM), particularly including the plans to further “Community Budgets”. GM will continue to engage with government on this and other aspects of the Paper over the coming months to monitor likely impact, to help shape the proposals further in the most sensible direction and to ensure that maximum benefit is realised for the conurbation.
RELEASE DATE: JULY 2011
BRIEFING 12:
BUDGET 2011 AND THE PLAN FOR GROWTH (529kb)
Budget 2011 was released on 23rd March 2011 and sets out Government spending plans for the year ahead. It builds on action announced in the Spending Review 2010 and the Emergency Budget last June to rebalance the economy from unsustainable public spending towards exports and investment.
RELEASE DATE: MARCH 2011
BRIEFING 11:
BRITAIN’S SUPERFAST BROADBAND FUTURE (530kb)
As part of its overarching Growth Review, the Government has set out its vision for superfast broadband in the UK with the strategy document “Britain’s Superfast Broadband Future”. This thinking: new economy briefing provides an analysis of the report, looking at the UK’s current position, its future broadband strategy, the Government’s growth proposals, the role of the private sector, and Greater Manchester’s position within this.
RELEASE DATE: DECEMBER 2010
BRIEFING 10:
THE IMPACT ON EMPLOYMENT OF THE SPENDING REVIEW (553kb)
This thinking: new economy briefing focuses on the impact the Spending Review and the Budget will have on employment in Greater Manchester, drawing on the latest assumptions of the Greater Manchester Forecasting Model (GMFM) and the Office for Budget Responsibility.
RELEASE DATE: NOVEMBER 2010
BRIEFING 09:
ECONOMIC GROWTH WHITE PAPER (527kb)
This long-awaited White Paper sets out the actions the new administration is taking to bolster economic growth. Several opportunities arise for Greater Manchester, and in particular for its businesses. A new structure is created – the Greater Manchester Local Enterprise Partnership – around which to test, develop and coalesce strategic economic thinking, and to take the initiative in realising economic opportunities.
RELEASE DATE: OCTOBER 2010
BRIEFING 08:
SPENDING REVIEW (541kb)
After months of expectation, the Government announced the results of the Comprehensive Spending Review (Review) detailing which government departments need to cut their spending, and by how much. The Review shapes the Government’s finances for the next four years and its impact will undoubtedly be felt in Greater Manchester (GM).
RELEASE DATE: OCTOBER 2010
BRIEFING 07:
EMERGENCY BUDGET (514kb)
Amidst a climate of serious concern about the macroeconomic risks associated with a loss of investor confidence in the UK, the Emergency Budget sets out a five year plan adding £40bn fiscal contraction to the £73bn already budgeted. What does this mean for Greater Manchester? This latest briefing from the Commission for the New Economy provides an overview of the Emergency Budget’s measures from a local perspective, including how they will impact Greater Manchester’s economy and what are the challenges and opportunities arising from this new fiscal environment.
RELEASE DATE: APRIL 2010
BRIEFING 06:
PUBLIC SECTOR EMPLOYMENT (1465kb)
Briefing explores the role of public sector employment in Greater Manchester’s economy and implications of fiscal contraction in the comings years. It finds Greater Manchester is better placed than any city region outside of London, to cope with this contraction due to its high percentage of jobs in the private sector – indicative of a strong business base. But also notes that job growth over the last 10 years has had a significant public sector component, suggesting that public sector fiscal contraction could still be an issue for the city region. This raises several important policy implications for Greater Manchester which are explored in more detail in the briefing.
RELEASE DATE: APRIL 2010
BRIEFING 05:
BUDGET 2010 ANALYSIS (492kb)
The 2010 Budget represents an attempt to strike a balance between the need for deficit reduction and not compromising recovery from a recession that witnessed the UK economy contract by 6% . This analysis provides more detail as to how the Budget is expected to help business-led growth, and the relative impacts of the Budget on Greater Manchester.
RELEASE DATE: MARCH 2010
BRIEFING 04:
DEPARTMENT FOR BUSINESS, INNOVATION AND SKILLS’ ECONOMIC AND SOCIAL RESEARCH STRATEGY (520kb)
This briefing aims to raise awareness of where the BIS research agenda is currently at and heading, noting relevance for GM partners. The top research priority for BIS remains increasing the understanding of the dynamics of the five drivers of productivity – enterprise, investment, innovation, competition and skills – and the role of state intervention in addressing market failures in these policy areas. These are policy areas that were explored in detail through the Manchester Independent Economic Review and are at the core of the Greater Manchester Strategy.
RELEASE DATE: FEBRUARY 2010
BRIEFING 03:
PRE-BUDGET REPORT ANALYSIS (51kb)
The Pre-Budget Report Analysis highlights the areas of significance within the December 2009 Pre-Budget Report, focusing especially on those areas that relate to economic development, skills, employment and growth within Greater Manchester.
RELEASE DATE: DECEMBER 2009
BRIEFING 02:
SKILLS FOR GROWTH: THE NATIONAL SKILLS STRATEGY (54kb)
Focusing on the main elements of the National Skills Strategy, this briefing highlights how the Skills For Growth Strategy affects skills development across the UK, and how this affects Greater Manchester.
RELEASE DATE: NOVEMBER 2009
BRIEFING 01:
STRENGTHENING ECONOMIC LINKAGES BETWEEN LEEDS AND MANCHESTER: FEASIBILITY AND IMPLICATIONS (33kb)
Investigates recent research into the Leeds-Manchester Corridor, and the potential for growth of both cities by the development of this corridor.
RELEASE DATE: NOVEMBER 2009
