Evaluating the Impact of Policy Interventions on Resilience and Growth

This project investigates the effectiveness of different policies in assisting economic growth through encouraging resilience, by looking at sudden shocks to the economy including the impact of COVID-19.  

This project will evaluate which policies are effective (and not effective) in fostering resilience in the economy and in turn, economic growth. In particular, evaluation will look at sudden shocks to the economy including a subsection on the impact of COVID-19. This project is heavily linked to “Economic resilience to shocks: implications for labour markets” (Project 4A) and will use techniques of simulation and data analysis to evaluate policy implications.

Objectives

  • Identify a range of policy interventions that are deemed to have a positive effect on resilience and growth
  • Highlight which policy interventions prove to be ineffective or have a negative effect on resilience and growth
  • Possible use of case studies of policies and their effect on the economy
  • Review of the literature on policy interventions, resilience and economic growth
  • Successful simulation of policy interventions through SEIM UK Model
  • Work in conjunction with project 4A on relevant data
  • Analysing the results of policy interventions and any trade-offs/best practices
  • Develop a measuring system in effectiveness of policy interventions from SIEM-UK results
  • Analyse results base in industry, transport and event sectors
  • Explore links with LIPSIT project

Research Team

Josh Swan – Project Lead and model interface developer

Dr Tasos Kitsos – Data Analyst

George Bramley - Literature and Policy Impacts

Dr Magda Cepeda-Zorrilla - Data and policy analyst

Ben Brittain – Policy Analyst

Maryna Ramcharan - Model and policy analyst

Contact

Project lead contact details: 

Josh Swan

Project support contact details: 

Matthew Patterson, Administrative Assistant, City-REDI / WMREDI 

WMREDI

Research Theme 4

Local and Regional Economic Development

WMREDI is funded by Research England and the WMREDI partnership

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