On Global Markets

Should the Public Go Private?

Private equity investing, as the name rather helpfully suggests, involves buying (and later selling) equity in firms that are not listed on the public markets. Under that, rather broad umbrella, a whole variety of different investing strategies can be found. Varying from venture capital (the provision of early-stage investments to often quickly growing companies) to […] 
Europe

Europe’s Single Market

This European survey examines (a) Greater integration of national markets for financial services, energy and telecommunications would give a measurable boost to Europe’s GDP over the next ten years; (b) The potential benefits for GDP from loosening European merger rules to allow greater consolidation within the single market would outweigh the potential harm to consumers from weaker competition

  
Finance

Retail Investor Participation in Private Equity

This Finance survey examines that Retail investors account for a large share of global wealth, but a small share in private equity holdings. (see link: https://bain.com/insights/why-private-equity-is-targeting-individual-investors-global-private-equity-report-2023/ (a) A reduction in the barriers to all retail investors investing in private equity funds - notably regulatory restrictions on investor wealth/income and on liquidity - would substantially improve household welfare. 
US

Tariffs

This US survey examines (a) Tripling existing import taxes on Chinese steel and aluminum products would lead to measurably higher employment in the US steel industry over the next five years; (b) Tripling the tariffs would lead to measurably higher steel and aluminum prices for American producers and measurably higher finished-good prices for American consumers; (c) The gains for the American economy from tripling the tariffs would measurably outweigh the losses. 
On Global Markets

Evidence Based Policymaking, or Policy Making the Evidence

Evidence based policymaking is something which, in public at least, most public servants now aspire to. Think tanks on both sides of the Atlantic have taken to using the term over the last two decades to describe policymaking which is rooted in evidence, data, and research rather than driven by ideological reasoning. As one might […]