New Economy Working Papers Archive
————————————————————————————
NEWP 04: Increasing Manchester’s Connectivity with China
————————————————————————————
May 2010
Li-Hsia Chan
Juan Gomez
China is developing into a global economic leader and pursuing investment opportunities throughout the world. To capture these opportunities, Manchester should continue to enhance its connectivity with China to deliver economic benefits to the region. The paper examines the links Manchester has created with China through trade and investment activity, local authority relationships, education, tourism and leisure activities. Drawing upon our research and consultations, the authors present a set of high level objectives that strengthen engagement with China and propose actions to deliver these objectives.
————————————————————————————
NEWP 03: Three’s Company: How employers, individuals and Government shape skills supply and demand
————————————————————————————
February 2010
John Holden
The importance of skills policy in achieving a wide array of economic and social objectives is well recognised. Recent national and city regional policy has sought to put employers at the heart of a demand-led system to meet the needs of both employers and individuals. This paper examines how this approach works in a city regional context, focusing on the roles and motivations of individuals, employers and Government and the tensions between them. It assesses how these come together to shape the vocational education and training supplied in Manchester. Attention is also paid to past attempts to provide employer leadership to the English skills system, the market failure rationale on which intervention is based, and wider issues concerned with ensuring skills are effectively utilised in the workplace. The paper concludes with recommendations for the future direction of policy in Manchester.
- NEWP 03 – Three’s Company: How employers, individuals and Government shape skills supply and demand (631kb)
————————————————————————————
NEWP 02: Tracking Unemployment in the North West Through Recession and Forecasting Recovery
————————————————————————————
February 2010
Prof. Michael Artis and Dr. Marianne Sensier
This is a technical paper that assesses turning points in the economic cycle of sub-regions by applying a business cycle dating methodology to monthly North West local authority district claimant count.
We date the transition of all districts of the North West into recession beginning in June 2007. By utilising manufacturing and service sector survey information in a modelling exercise, we forecast the continuation of the recession for the North West region’s employment cycle into 2010. A longer term forecast with the Land Registry’s house price index predicts a transition to an expansion phase in the fourth quarter of 2010.
- NEWP 02 – Tracking Unemployment in the North West Through Recession and Forecasting Recovery (1974kb)
————————————————————————————
NEWP 01: The early stage equity market in Manchester: the impact of public policy on investment, talent and networks
————————————————————————————
October 2009
Michael Corbishley and Adrian Nolan
New innovative high growth companies increase city and regional competitiveness but they need to be nurtured and have access to the necessary financial support mechanisms. This paper examines the access these potential high-growth comapnies have to capital within Manchester and the surrounding areas. It assesses the factors that may limit the quality and quantity of early stage equity investment and considers how the flows of capital can be improved.
Archived New Economy Working Papers available from October 2009
