Prosperity Without Borders
Thursday, 17 November 2016
'Prosperity Without Borders' analyses the crucial role of cities in lifting people out of poverty and towards prosperity. In particular, it shines light on the positive relationship between cities and immigration.
Special Trade Commission: Cost of EEA Membership for UK Briefing
Monday, 7 November 2016
While there has been much speculation as to the cost of the UK leaving the Customs Union and European Single Market, little thought has been put into the cost associated with remaining in the Customs Union or Single Market in lost opportunities to sign trade deals with other countries. This paper looks at the opportunity costs, and what could be achieved if the UK were able to sign a deal for a Prosperity Zone including like-minded countries, coalesced around the fundamental ideas of open trade, competition on the merits and property rights protection.
Special Trade Commission: Financial Services Briefing
Monday, 31 October 2016
One of the major issues in the forthcoming process of the UK leaving the EU is the area of the negotiations that relate to financial services. This policy paper, produced by the Legatum Institute's 'Special Trade Commission', makes essential recommendations for how to negotiate deals that will enable a thriving and prosperous sector, post-Brexit.
Brexit Britain Can Be a Catalyst for Global Free Trade
Monday, 10 October 2016
We need a new strategy that develops competition and free trade for Britain and the world says Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission (Reaction)
Trade Tools for the 21st Century
Friday, 30 September 2016
Shanker Singham and Molly Kiniry are the authors of a new Legatum Institute study that outlines the difficulties that are faced by modern trade agreements, which include powerful political forces opposing globalisation and the rising tide of protectionism, populism, and nationalism.
Money and Power: The Bank of England and London in the 18th Century
Wednesday, 28 September 2016
In the final History of Capitalism lecture, Anne Murphy, Reader in History and Associate Dean for Research in the School of Humanities at the University of Hertfordshire, told the story of the origins and workings of The Bank of England and its intricate relationship with the unique ecosystem of the City of London.
Frozen Capital: How to Boost Iceland’s Economy
Monday, 26 September 2016
The discriminatory nature of the capital controls exit mechanism could have a huge impact on Iceland’s economy, and on its people, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (Reaction)
The Mayor of London Has Opted to Protect Privilege Not Competition
Wednesday, 14 September 2016
Sadiq Khan’s crackdown on London’s private hire industry is a sop to a privileged monopoly that distorts competitive markets and fails to defend consumer interests, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (City AM)
Fox Declares Trade Ministry ‘Open For Business’
Thursday, 8 September 2016
Britain’s settlement with the EU will depend in part on how well it appears to have proceeded with the non-EU trade talks, writes Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission (Financial Times)
Brexit is About to Open Up a World of Opportunity
Thursday, 8 September 2016
Released from the strictures of the European Union, Britain can once more take its place at the centre of a network of trading relationships and agreements, writes Shanker Singham, Director of Economic Policy and Chairman of the Legatum Institute Special Trade Commission (The Times)
A Good UK-EU Trade Deal is Good for the World
Tuesday, 6 September 2016
If handled well and with care Brexit offers future trade partners many potential advantages says Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission (Reaction)
New Trade War Threatens Global Order as TTIP Talks Stall
Saturday, 3 September 2016
The failing support and popularity for TTIP has much to do with a lack of governmental PR and information but Britain can still prosper post-Brexit. Shanker Singham, Director of Economic Policy and Chairman of the Legatum Institute Special Trade Commission is quoted in the Daily Telegraph.
Britain Can Get a Much Better US Trade Deal Than the EU's Failing TTIP
Tuesday, 30 August 2016
While TTIP stumbles on towards an unknown destination, post-Brexit Britain has a chance to forge a better trade deal with the US writes Shanker Singham, Director of Economic Policy and Chairman of the Legatum Institute Special Trade Commission. (City A.M.)
Brexit Britain Has a Historic Opportunity To Reshape Global Trade
Monday, 22 August 2016
Brexit represents a historic opportunity for Britain to reclaim its leadership role in promoting open trade, competition and the protection of property rights says Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission. (Reaction)
Brexit Doomsday? Britain's Many Surprises
Friday, 12 August 2016
Quoted in an article for Voice of America, Shanker Singham, Director of Economic Policy & Prosperity Studies at the Legatum Institute discusses the issues surrounding Brexit and the opportunities to build a vibrant trade network.
From Poverty to Prosperity
Monday, 1 August 2016
In their latest paper, authors Shanker Singham and Molly Kiniry make the economic and moral case for how property rights, open trade and competitive markets can serve as a means to lifting people out of poverty, and towards prosperity.
Should Philip Hammond Cut VAT to Support Post-referendum Economy?
Thursday, 28 July 2016
In the Post-Brexit economy, what are the political and economic advantages a VAT cut would bring about? City A.M. journalist Jake Cordell outlines the thoughts of the UK’s leading economic thinkers with comment provided by Shanker Singham, Director of Economic Policy & Prosperity Studies at the Legatum Institute. (City A.M.)
Unshackled from the EU, Britain Must Choose Its Trade Partners Wisely
Monday, 18 July 2016
Following the UK’s choice to leave the European Union, the government must not rush into trade deals with other countries and complacently believe they all require a uniform approach to trade negotiation, writes Shanker Singham, Legatum Institute’s Director of Economic Policy & Prosperity Studies (CapX)
Is Free Trade Dead?
Sunday, 10 July 2016
The UK would suffer the most if it withdrew into a protectionist culture following Brexit, writes Emily Redding, Research Consultant at the Legatum Institute and author of the report “Trading Up: New ideas for UK Exports” (POLITICO)
After Brexit, Britain Suddenly Becomes European
Thursday, 7 July 2016
Post-Brexit, the old ideological differences that defined the political spectrum in UK political parties are now gone, writes Anne Applebaum, Director of the Transitions Forum at the Legatum Institute (Washington Post)
The UK Needs a Special Trade Representative
Thursday, 7 July 2016
Following Brexit, the UK must appoint a special trade representative to ensure it gets the best possible deal for Britain, writes Shanker Singham, Director of Economic Policy & Prosperity Studies at the Legatum Institute (Reaction)
Brexit: Reaching for a Higher Vision
Wednesday, 29 June 2016
Opportunities are usually born out of crisis; in many ways, Britain has been dealt an exceptionally good hand. It is now time to play it, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Understanding the Anti-Immigrant Mindset
Thursday, 23 June 2016
As Britain decides whether or not to leave the European Union, it is clear that one issue created the greatest source of tension: immigration, writes Legatum Fellow Victoria Bateman (BloombergView)
A Brexiteer Reluctantly for Remain
Monday, 20 June 2016
Losing Europe as a carrier of classical liberalism would be a disaster for Europe and for the world, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Trading Up: New Ideas for UK Exports
Friday, 17 June 2016
Emily Redding is the author of a new paper that raises some of the major issues faced by UK exporters, and offers policy recommendations for how these issues can be addressed in order to improve the UK’s export market and overall productivity.
UK Risks Missing £1Trillion Exports Target, Warns Think Tank
Thursday, 16 June 2016
LONDON—The UK risks missing its target of increasing exports to £1trillion by 2020 unless it abandons its misplaced focus on boosting the number of SMEs who export their goods and services and instead concentrates on helping existing exporters build permanent footholds in new markets.
Sadiq Khan’s Pledge to Crack Down on Uber Smacks of the Worst of Crony Capitalism
Friday, 10 June 2016
Governments need to understand the difference between legitimate prudential regulation, and a naked attempt by an incumbent to knock out competitors and protect a privileged position, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (City A.M.)
Exit From EU Would Hit Poor UK Families Hard
Thursday, 9 June 2016
The impact of an exit from the European Union on low-income households can be expected to be severe—particularly if the government wishes to balance its books, writes Legatum Fellow Victoria Bateman (BloombergView)
Britain’s Trade Future in Question if Brexit Happens?
Tuesday, 7 June 2016
Obama has warned that Britain will lose its preferred position at the TTIP negotiating table if it leaves the EU. But that's not how trade deals are done, argues Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (Voice of America)
Why Free Trade Works
Wednesday, 11 May 2016
A world of open trade, where competition on the merits is the economy’s organising principle, is a world that delivers growth, hope and opportunity in a sustainable, fair and more equitable manner, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX).
Great Britain’s Role in the World
Wednesday, 20 April 2016
The dawning realisation that Britain has never, and will never commit to political union, means that regardless of what happens in the Brexit referendum, Britain is on a path to an alternative 'landing zone', writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Cottonopolis: Manchester, the Growth and Growing Pains of a Modern City
Tuesday, 19 April 2016
In the third History of Capitalism lecture for 2016, Victoria Bateman, Fellow in Economics at Cambridge University's Gonville and Caius College, charted the rise of Manchester, discussing the growing pains involved in its rapid growth into a truly international city.
Tax Policy Is Widening the Gender Gap
Thursday, 14 April 2016
Tax policies unfairly penalise secondary earners, generally women, across much of Europe, writes Legatum Fellow Victoria Bateman (BloombergView)
Saving Britain’s Steel Industry: From Redcar to Port Talbot
Friday, 1 April 2016
The British government must act now to ensure its trading partners deliver not only open trade, but equally importantly competitive markets inside the border, undistorted by anti-competitive practices and policies, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Copperopolis: Swansea’s Heyday, Decline and Regeneration
Wednesday, 16 March 2016
In the second lecture of the 2016 History of Capitalism series, Huw Bowen, Professor of Modern History at Swansea University, explored the significance of Swansea as an exemplar of how the capitalist dynamo, driven by aggressive, innovative entrepreneurialism, shaped patterns of economic development.
Trump/Sanders Policies Could Cost Six Million American Jobs
Friday, 11 March 2016
The protectionist policies put forward by US Republican candidates, Donald Trump and Bernie Sanders, will be the biggest job-killer we have seen since the Great Depression, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Leaving the EU Will Hurt British Science
Thursday, 3 March 2016
Replacing European science grants with British government grants will not repair the damage to the science base of the economy should Britain decide to leave the EU, argues Victoria Bateman, Legatum Fellow (BloombergView)
A Conversation with Nobel Prize-Winner, Angus Deaton
Saturday, 27 February 2016
The Legatum Institute was honoured to host Nobel Prize-winner and renowned economist, Professor Angus Deaton, as part of a meeting in Washington, DC with Prosperity Index advisors to discuss wealth creation and the many other drivers of prosperity.
Lubeck and the Hanseatic League: The Birthplace of the Common Market
Wednesday, 10 February 2016
In the first lecture of the 2016 History of Capitalism series, David Abulafia, Professor of Mediterranean History at Cambridge University and Legatum Fellow, told the story of the Hanseatic League and the city of Lubeck that lay at its heart.
Women Can Move the Middle East Beyond Oil
Wednesday, 20 January 2016
For the Middle East to adjust to life after oil, it will need to allow for greater freedom and tolerance, writes Victoria Bateman, Legatum Fellow (BloombergView)
Labour’s Economic Agenda for 2016
Wednesday, 20 January 2016
As part of the Legatum Institute's Business Forum, Seema Malhotra, Shadow Chief Secretary for the Treasury and MP for Feltham and Heston, discussed the idea of shared prosperity with broader, inclusive economic goals, as opposed to short term economic policy-making.
The TV vs the Fridge
Wednesday, 2 December 2015
In Russia, economic decline isn't translating into dissatisfaction with Putin. The Legatum Institute's Peter Pomerantsev and Nathan Gamester explain why (Democracy Lab)
Feminism is Not to Blame for the Breakdown of Society
Wednesday, 25 November 2015
The solution to family and societal breakdown is not to blame feminists, but to remove obstacles that prevent men from escaping from their own stereotype, writes Victoria Bateman, Legatum Institute Fellow (CapX)
Happy Days: Britain’s 'Great' Depression
Thursday, 19 November 2015
As part of its History of Capitalism series, the Legatum Institute hosted an experts’ seminar on the UK Government’s response to the Wall Street Crash of 1929.
Reducing Poverty the Female Way
Tuesday, 17 November 2015
Young women need to be able to access information about how their life chances hang delicately upon their fertility choices, writes Victoria Bateman, Legatum Fellow (CapX)
The Tory Majority Was Won on the Economic Battlefield of 2014
Tuesday, 3 November 2015
The Conservatives' General Election success rested on a pronounced shift to more optimistic economic expectations among the population during the course of 2014, according to findings from the 2015 Legatum Prosperity Index™—by Louie Brockbank for ConservativeHome
2015 UK Prosperity Report
Monday, 2 November 2015
The UK Prosperity Report reveals Britain is more prosperous in 2015 than it has been at any point in the past seven years. The data is based on findings from the 2015 global Legatum Prosperity Index, published in November this year.
Forget Nordic Exceptionalism: Scandinavia Grew Wealthy Despite Big Government
Thursday, 29 October 2015
The Nordic Model is often referred to as 'the exception which disproves the rule that big government is negative for long-term growth'. Yet, a closer look at the evidence reveals the Nordic economies aren’t exceptional at all, writes Graeme Leach, Senior Fellow at the Legatum Institute (City A.M.)
Is This the Death of the North-South Divide?
Thursday, 29 October 2015
The north-south divide does not compel the north to poverty or the south to riches. The future is still for the taking, writes Victoria Bateman, Legatum Fellow (CapX)
Women: Beware Socialists Bearing Gifts!
Monday, 28 September 2015
When it comes to women and the Left, the story is one of turbulence rather than harmony, writes Victoria Bateman, Legatum Fellow (CapX)
Is Economics a Sexist Science?
Tuesday, 15 September 2015
In a column for the Times Higher Education, Legatum Institute Fellow Victoria Bateman looks at the gender mix within economics and details her own attempts to encourage more women into the discipline.
Are Interest Rates About to Rise? Don’t Bank On It Yet
Thursday, 23 July 2015
Tightening monetary policy when broad money growth stands at just over 4 per cent would be a brave move and the wrong one, writes Graeme Leach, Senior Fellow at the Legatum Institute (City A.M.)
The Dark Side of Economic Growth
Sunday, 19 July 2015
Ignoring the negatives of economic growth undermines its very foundations, writes Victoria Bateman, Legatum Fellow (CapX)
Britain Versus the World
Thursday, 9 July 2015
Will the budget really deliver a high-productivity high-wage economy? Legatum Fellow Victoria Bateman writes for CapX
The Prosperity Problem
Sunday, 5 July 2015
In a special report for Newsweek, the Legatum Institute's Prosperity Index reveals which countries fared best—and worst—following 'The Great Recession' of 2008.
It’s the Greek Politics, Stupid
Tuesday, 23 June 2015
The Greek crisis is a political mess that threatens all of Europe, writes Anne Applebaum, Director of the Transitions Forum at the Legatum Institute (Washington Post)
Grexit? Decline in Potential Growth is the Real Challenge
Thursday, 18 June 2015
Whether it’s the United Kingdom, Greece or China, the primary focus of economic policy should be on raising potential output growth, writes Graeme Leach, Senior Fellow at the Legatum Institute (City A.M.)
Bringing Europe Back From the Abyss
Monday, 15 June 2015
Never mind renegotiation. If Europe wants Britain to stay on board, it needs to sort out its economy, writes Victoria Bateman, Legatum Fellow (CapX)
Osborne’s Prosperity Contortions
Friday, 12 June 2015
In his ambition to move Britain towards a ‘new settlement of responsibility and prosperity’, George Osborne has set himself an impossible task, writes Harriet Maltby, Government and Economics Researcher at the Legatum Institute (CapX)
A Post-GDP World
Tuesday, 2 June 2015
It’s time to end the tyranny of Gross Domestic Product, writes Lorenzo Fioramonti for Democracy Lab.
The Age of Plunder: How We Traded Africa
Wednesday, 6 May 2015
As part of the Legatum Institute's History of Capitalism series, Bronwen Everill, Leverhulme Early Career Fellow at Kings College London, gave a lecture on the Royal African Company and Atlantic commercial enterprise in the 18th century.
Capitalism Question Time
Thursday, 23 April 2015
In conversation with Hywel Williams, and an invited audience, Victoria Bateman, Benedikt Koehler and Nicholas Crafts, the illustrious historians who contributed to the 2014 History of Capitalism series, retraced and further investigated various questions on the evolution of capitalism—past, present and future.
Unlocking Prosperity Potential
Tuesday, 21 April 2015
True prosperity has a capitalist core, writes Harriet Maltby, Government and Economics Researcher at the Legatum Institute (CapX)
India 2015: Towards Economic Transformation
Thursday, 16 April 2015
Rajiv Kumar of the Pahle India Foundation is the author of a new Transitions Forum paper which examines whether India's developing democracy can achieve rapid economic reform.
Why Economists Need to Talk About Sex
Thursday, 16 April 2015
Next time you talk about inequality, poverty or secular stagnation, don’t forget to mention sex, writes Victoria Bateman, Legatum Fellow (CapX)
Libya: Whose Land Is It?
Thursday, 16 April 2015
The Legatum Institute hosted a panel discussion to launch a new Transitions Forum paper, 'Libya: Whose Land Is It?'. The panel debated the many layers of grievance and administrative chaos which fuel Libya’s conflict, and focused on property rights as a key element of a democracy in transition.
The Shadow Economy—Impact on Innovation, East and West
Monday, 16 March 2015
In partnership with the European Bank for Reconstruction and Development (EBRD) and the Center for Economic Research and Graduate Education—Economics Institute (CERGE-EI), the Legatum Institute hosted a panel discussion on how informal and sometimes illegal economic activity can pose problems but also offer innovative solutions.
Finding What Works: Building Reform Coalitions in Brazil
Thursday, 26 February 2015
Marcus Melo of the Federal University of Pernambuco joined the Legatum Institute's Anne Applebaum in a discussion that explored post-authoritarian reform in Brazil, and shared insights for countries facing similar development challenges.
Building Coalitions for Reform in Brazil
Thursday, 26 February 2015
In the latest 'Transitions Lecture Series' paper, author Marcus Melo, Professor of Political Science, Federal University of Pernambuc, examines how reform was pursued in post-authoritarian Brazil and what can be expected of today's post-election scenario.
A Latter Day Domesday Book
Monday, 23 February 2015
, co-author of the forthcoming ‘The Public Wealth of Nations
', discussed with Tim Montgomerie, Legatum Institute Senior Fellow, how central governments alone could generate additional annual returns of 3 trillion US dollars, through better management of their assets.
Workshop on the Usage of Data for Driving Social Entrepreneurship
Thursday, 19 February 2015
The Legatum Institute was proud to host the first in a series of workshops organised as part of the EU FP7 Web-COSI project. The Web-COSI project, part of the Europe2020 strategy, analysed how data can be used to drive social entrepreneurship.
A Way to Save Up to 14 Per Cent of the NHS Budget
Sunday, 1 February 2015
Many solutions require political will which is simply absent. But here’s one innovative approach which could at least buy more breathing space, writes Harriet Maltby, Government and Economics Researcher at the Legatum Institute (ConservativeHome)
Rome’s Economic Revolution
Thursday, 15 January 2015
In the first History of Capitalism lecture of 2015, Philip Kay, Supernumerary at Wolfson College (Oxford) and Head of Asia at City Financial, detailed the economic developments of Republican Rome between the war against Hannibal (218 to 201 BC) and Julius Caesar’s dictatorship in the middle of the first century BC.
Bankers' Bonuses, Roman Style
Monday, 12 January 2015
Since antiquity, moneymen have been the target of vitriol, writes Stephen Clarke, Research Assistant at the Legatum Institute.
A Statement of Prosperity
Wednesday, 3 December 2014
December's Autumn Statement could be the Conservatives' path back to power, writes Harriet Maltby, Government Economics Researcher at the Legatum Institute (ConservativeHome)
Industrialisation: Why Britain Got There First
Wednesday, 26 November 2014
In the final 2014 lecture in the History of Capitalism series, the Legatum Institute hosted Nicholas Crafts, Professor of Economics and Economic History and the Director of the ESRC Research Centre on Competitive Advantage in the Global Economy (CAGE) at the University of Warwick, who explored the question of why Britain was the first country in the world to experience the transition to an industrialised economy.
Prosperity: GDP and Beyond
Friday, 21 November 2014
The Legatum Institute hosted world-renowned expert on wellbeing, health economics and economic development, Angus Deaton, at the Harvard Club in New York. He discussed his work on wellbeing and why efforts to measure personal wellbeing, such as the Legatum Prosperity Index, are important.
Jesse Norman: My Autumn Statement
Tuesday, 18 November 2014
The Legatum Institute welcomed Jesse Norman MP for an insightful yet sobering look over the economic horizon. With the Autumn Statement the last real opportunity for new economic policy before the General Election next May, questions covered the likely announcements from the Chancellor in December.
Challenges and Obstacles to Africa's Long-Term Prosperity
Thursday, 6 November 2014
In an interview with CNBC Africa, Novella Bottini, Econometrician at the Legatum Institute, takes a look at Africa's prosperity based on findings from the Legatum Institute's 2014 Africa Prosperity report.
The Corruption of Capitalism: Britain’s Role
Wednesday, 22 October 2014
The Legatum Institute was pleased to host a dinner with Frank Field, MP for Birkenhead and Chair of the Modern Slavery Bill Review, in conversation with Lord Glasman, Labour life peer, on the challenges facing capitalism.
The Empire is Dead: Long Live its Spirit
Saturday, 4 October 2014
Private enterprise, not the state, drove eighteenth century British prosperity and can do so again, writes Harriet Maltby, Government and Economics Researcher at the Legatum Institute (ConservativeHome)
Beyond GDP: The True Roots of Prosperity
Monday, 29 September 2014
In his 2014 Conservative Party Conference speech, George Osborne declared that he “wants Britain to be the most prosperous country on earth”. But how do we get there? The Legatum Institute hosted a panel discussion at this week’s Conservative Party Conference to discuss the drivers of—and the obstacles to—UK prosperity.
The Lesson of John Key’s Victory: Keep the Faith
Tuesday, 23 September 2014
With a third election victory under his belt, Harriet Maltby, Government and Economics Researcher at the Legatum Institute, explains why the New Zealand Prime Minister's latest success offers hope for Tories—and it's all about determination and strong values (ConservativeHome)
The Consolations of Economics
Friday, 12 September 2014
Gerard Lyons, former city economist and now Chief Economic Advisor to the Mayor of London, Boris Johnson, remains stubbornly optimistic about the future world economy and Britain’s place in it.
2014 Charles Street Symposium—Call for Applications
Saturday, 2 August 2014
Applications for the Legatum Institute's 2014 Charles Street Symposium are now open. This year's forum will address the question of 'Why do societies prosper?'. Applicants are invited to submit an essay addressing this question for a chance to win top prizes, and the opportunity to attend the 2014 forum at the Legatum Institute's Charles Street offices in London.
The World Cup's Six Economic Lessons
Wednesday, 11 June 2014
The World Cup is a fascinating lesson in economics, as well as football, writes Graeme Leach, Director of Economic and Prosperity Studies (City A.M.)
What's Gone Wrong with the EU? And What Do We Know About the Economics of the EU Membership?
Tuesday, 27 May 2014
The Legatum Institute's inaugural 'Economics of Prosperity' lecture played host to Graeme Leach, Director of Economics and Prosperity Studies at the Legatum Institute and Roger Bootle, Managing Director of Capital Economics and winner of the Wolfson Economics Prize. The speakers spoke on the topics of: What do we know about the economics of the EU membership? and what has gone wrong with the EU?
A Global Transition: From the Mediterranean to the Atlantic
Thursday, 15 May 2014
As part of the Legatum Institute's 'History of Capitalism' series, David Abulafia, Professor of Mediterranean History at the University of Cambridge, delivered a lecture exploring how European trade, and distinctive business practices, spread westwards along the coasts of the Mediterranean, both Christian and Islamic, to become a global phenomenon.
Democracy Works! The Case From India, Brazil and South Africa
Wednesday, 14 May 2014
There is a "Democratic Alternative from the South" according to a two-year research project conducted by the Centre for Development and Enterprise in South Africa (CDE) and the Legatum Institute in London. Along with contributions from two partner think tanks in India and Brazil, their findings refute the argument that democracy is a hindrance to faster economic growth and inclusion of the poor.
The Road to the 2015 General Election
Wednesday, 14 May 2014
Speaking at a lunch at the Legatum Institute, Lynton Crosby, campaign strategist and organisation specialist, discussed the challenges facing the Conservative party in the lead up to the 2015 general election.
The Democratic Alternative From the South: India, Brazil, South Africa
Tuesday, 13 May 2014
'The Democratic Alternative From the South: India, Brazil, South Africa' is the final report of 'Democracy Works', a project between the Legatum Institute and the Centre for Development and Enterprise. The project aims to refresh the development debate and inject the voice of democratic countries from the South.
Poseidon Politics: The Battle For 2015
Wednesday, 7 May 2014
With just one year to go until the UK General Election in 2015, thought has inevitably turned to the deciding factors—from the economic recovery to Ed Miliband’s electability. Truthfully these factors are unlikely to have an impact on who forms a majority, only how big that majority is. The election outcome has largely been decided by institutional factors that make it Ed Miliband’s to lose, not David Cameron’s.
Government and Growth
Friday, 25 April 2014
As part of its new ‘Government and Growth’ programme, the Legatum Institute hosted a breakfast with Director of Economics and Prosperity Studies, Graeme Leach, to discuss the impact of government on economic performance, and the global literature pointing towards achieving faster GDP growth by shrinking the state.
Who’s Missing? The G20 and the 2012 Legatum Prosperity Index
Wednesday, 9 April 2014
On 5 September the leaders of the G20 countries will meet in St. Petersburg for their 8th summit. The G20 is supposed to represent the world’s ‘major’ economies, a claim supported by the fact that the group make up 90% of global GDP, 80% of international trade, two-thirds of the world’s population and 84% of fossil fuel emissions.
Latin America Needs More Than Just Economic Growth
Friday, 4 April 2014
This year’s World Economic Forum (WEF) on Latin America aimed to address more than economic growth by looking at other issues that may be preventing the region’s development, such as education, climate, and demographics. Sustainable economic growth was at the top of the agenda, of course, but it represented the important recognition of other issues that need to be dealt with in the region. What does Latin America need beyond economic growth?
Escaping the Crisis Trap: New Options for Haiti
Friday, 4 April 2014
Produced in collaboration with the Institute for State Effectiveness, Escaping the Crisis Trap: New Options for Haiti reflects on the use—and misuse—of aid in Haiti following the devastating earthquake of 2010. The paper also offers recommendations for how to transition the country towards a secure and stable future.
Why There's Nothing Ethical About Progressive Taxation
Wednesday, 2 April 2014
Legatum Institute Director of Economics and Prosperity Studies, Graeme Leach, sides with the views of late economist Friedrich Hayek when taking a stance on the subject of 'progressive taxation' (City A.M.)
Why the Real Global Debt Crisis is Bigger Than You Think
Wednesday, 26 March 2014
In his latest column for City A.M., Legatum Institute Director of Economics and Prosperity Studies, Graeme Leach, believes the solution to the most important economic issue of our time lies with the courage and character of politicians.
Why Osborne Should Now Axe Tax Relief on Pensions
Friday, 21 March 2014
This week Osborne reached first base with his proposal to make Isas more flexible and to give people more control over how they use their pensions. But he didn't complete the home run, explains Legatum Institute Director of Economics and Prosperity Studies, Graeme Leach (City A.M.)
State of the Economy 2014: The Consequences of Quantitative Easing
Wednesday, 26 February 2014
The Legatum Institute’s Director of Economics and Prosperity Studies, Graeme Leach, participated in a panel discussion on the future outlook for monetary and fiscal policy, at the Institute for Economic Affairs’ 2014 'State of the Economy' conference.
The Real Reason Squeezing the Rich Makes Us All Poorer
Wednesday, 26 February 2014
The UK has a top rate of income tax based on politics not economics, and a progressive tax system built on distortion not economic efficiency, writes Legatum Institute Director of Economics and Prosperity Studies, Graeme Leach (City A.M.)
Early Islam and the Birth of Capitalism
Thursday, 20 February 2014
As part of a new three-year 'History of Capitalism' course, historian and former banker Benedikt Koehler, delivered an inaugural lecture based on his forthcoming book, Early Islam and the Origins of Capitalism.
The Small State Game Changer: We Can Transform Britain Forever in Four Stages
Wednesday, 19 February 2014
How do you fashion a small state when there’s a huge deficit and a majority of the political and media class howl at the mere suggestion of less public spending? Legatum Institute Director of Economics and Prosperity Studies, Graeme Leach, outlines four key strategies (City A.M.)
The Role of Economics in Democratic Transitions: The Case of Burma
Wednesday, 29 January 2014
As part of the Legatum Institute's Transitions Lecture Series with the National Endowment for Democracy and World Affairs, former FT journalist and Bangkok-based scholar Gwen Robinson discussed the case of Burma, where the political transition and economic reconstruction are closely entwined.
Will These Countries Become MINTed?
Friday, 10 January 2014
Over the past week BBC Radio 4 has joined forces with economist Jim O’Neill, coiner of the ‘BRICs’ acronym, to examine the MINTs. Mexico, Indonesia, Nigeria and Turkey are the four emerging economies tipped by O’Neill to emulate the success of the BRICs. Visiting these countries O’Neill reflects upon their different successes and failures. Are his findings reflected in the 'Legatum Prosperity Index™'?
What Would Hayek Say Today (Really)?
Friday, 13 December 2013
As part of its 2013 Charles Street Symposium, the Legatum Institute brought together leading young economists to discuss the relevance - or irrelevance - of Austrian economist Friedrich August von Hayek's thought for today.
Germany’s Progress: Is It Only Due to Economic Factors?
Tuesday, 3 December 2013
Given the country’s rapid recovery from the financial crisis, Germany has often been portrayed as the economic leader of the Eurozone region. This has, however, not always been interpreted as positive: the European Commission has begun an in-depth inquiry to assess if Germany’s large current account surplus of 8%—above the Commission’s 6% threshold—is harmful for the Eurozone and the world economy as a whole.
Venezuela: The Curse of Oil-Stoked Populism
Monday, 2 December 2013
As part of the Legatum Institute's 'Prosperity In Depth' series of country studies, author of 'The Curse of Oil-Stoked Populism' Albert Fishlow outlines Venezuela's evolution from backwater Spanish colony to military dictatorship to petroleum giant.
Russia: Caught in the Bear Trap
Friday, 29 November 2013
As part of the Legatum Institute's 'Prosperity In Depth' series of country studies, the authors of 'Caught in the Bear Trap' examine the “curse of oil” theory, and offer an alternative perspective on why Russia’s economic problems are inherently so difficult to solve
Learning by Doing: Entrepreneurship in Developing Countries
Monday, 25 November 2013
In a new paper for the Legatum Institute, author Reuben Abraham offers valuable insight and lessons learned into the current conditions and main barriers to success facing entrepreneurs in the developing world and beyond.
What Makes Entrepreneurship Thrive?
Monday, 25 November 2013
A livestreamed discussion to launch the first of the Legatum Institute’s Global Fellow papers, beginning on the series with a paper on entrepreneurship in the developing world.
Mexico on the Brink
Monday, 11 November 2013
As part of the Legatum Institute's 'Prosperity In Depth' series of country studies, 'Mexico on the Brink' analyses the juxtaposition of grave security threats and economic awakening, which illustrate both the violence and growth changes that Mexico’s economy and society have undergone over the past three decades.
The Role of Economics in Democratic Transitions: The Case of Kenya
Thursday, 17 October 2013
As part of the Legatum Institute's ongoing series with the National Endowment for Democracy’s International Forum for Democratic Studies, and 'World Affairs' magazine, Kenya Private Sector Alliance CEO, Carole Kariuki, discussed the role the private sector in securing Kenya’s democratic progress.
Iran’s Spots Haven’t Changed, Whatever It Tells Negotiators
Wednesday, 16 October 2013
It’s fine to hold nuclear talks with Tehran. But we shouldn’t fool ourselves into thinking that Iran has changed its ways, writes the Legatum Institute's Director of the Transitions Forum, Anne Applebaum (Washington Post).
The Great Escape: Health, Wealth and the Origins of Inequality
Tuesday, 15 October 2013
Princeton University Professor of Economics and International Affairs, and Legatum Institute Wellbeing Commissioner, Angus Deaton gave a talk on his new book, 'The Great Escape: Health, Wealth and the Origins of Inequality'.
On the Path to Prosperity: Insight On Africa—Special Report
Tuesday, 1 October 2013
Today the Legatum Institute launched a special report, 'Insight On Africa' which examines some key themes that affect the state of African prosperity. In recent years, conversations about African development and prosperity have become increasingly optimistic. The world is realising that Africa is a continent on the rise. And this shift from pessimism to optimism has happened quickly.
The Future of Iran: Economic Reform
Monday, 23 September 2013
Leading Iranian economists discuss the future of economic reform in Iran at the Legatum Institute's latest 'The Future of Iran' workshop.
The Prosperity Race: Mexico vs. Brazil
Friday, 13 September 2013
On 16 of September, Mexico will celebrate its Independence Day, one of the most important celebrations in the country, remembering the day in 1810 when the cry for independence (‘Grito Mexicano’) was uttered, resulting in the Mexican War of Independence. However, looming through the festivities will be the image of Mexico as an impoverished country ravaged by drug wars and class division.
South Korea: Ready for Prime Time
Thursday, 15 August 2013
As part of the Legatum Institute's 'Prosperity In Depth' series of country studies, Korea expert and author of Pop Goes Korea, Mark Russell, studies the country's use of culture as a way to facilitate integration with the world economy.
The Future of Conservatism and the Fate of Free Enterprise
Tuesday, 9 July 2013
As part of its continuing program exploring the moral foundations of capitalism, the Legatum Institute hosted a panel discussion with prominent American and British conservative commentators on the future of free enterprise.
The Role of Economics in Democratic Transitions: The Case of Tunisia
Thursday, 20 June 2013
Speaking at a lecture in Washington, DC, former advisor to the Prime Minister of Tunisia Mondher Ben Ayed was optimistic about Tunisia’s development and argues that tackling economic challenges is essential for Tunisia’s future stability and success.
The Dynamics for Transition in Tunisia
Thursday, 20 June 2013
As part of the Legatum Institute's 'Transitions Lecture Series', organised in partnership with the National Endowment for Democracy’s International Forum for Democratic Studies and World Affairs, business leader and former government advisor Mondher Ben Ayed analyses the economic challenges of Tunisia’s transition.
Is Capitalism Moral?
Thursday, 13 June 2013
As part of the Legatum Institute's 'Morality and Capitalism' series, George Mason University professor, Steven Pearlstein, will explore this question at a lunchtime discussion.
Towards a Reform of Egyptian Subsidies
Tuesday, 7 May 2013
In a discussion at the Legatum Institute, the Cato Institute's Dalibor Rohac will present a new paper arguing for an immediate elimination of subsidies and their replacement with a stream of unconditional cash transfers.
Global Power Shifts: A Status Report
Monday, 18 March 2013
The Legatum Institute hosted Michael Moran, Editor-in-Chief of Renaissance Insights, for a wide-ranging conversation on the changing realities of shifts in global power.
Is the Swedish Model Here to Stay?
Wednesday, 20 February 2013
Sweden, like other Nordic countries, appears to have found a recipe for sustained success. What is behind this remarkable performance? A panel discussion to explore this question from a variety of angles.
The Role of Economics in Democratic Transitions
Friday, 18 January 2013
A conversation with the former finance minister of Afghanistan, Dr Ashraf Ghani, on why tackling economic questions is essential for transitioning countries. He will share experiences from the past, and reflect on how they can help prepare for present and future challenges.
"Conflict and transition are both manifestations of failed politics"
Friday, 18 January 2013
At an event in Washington, D.C, former finance minister of Afghanistan, Dr Ashraf Ghani, discussed why tackling economic questions is essential for transitioning countries. He shared his experiences from the past and reflected on how they can help prepare for present and future challenges.
2020 Vision—An Agenda for Transformation (Report)
Wednesday, 9 January 2013
In January 2013, the Legatum Institute hosted the launch of '2020 Vision—An Agenda for Transformation', a compendium of long-term policy ideas by members of the 2020 group of Conservative MPs.
2020 Vision - An Agenda for Transformation
Wednesday, 9 January 2013
The Legatum Institute hosted the launch of '2020 Vision - An Agenda for Transformation', a compendium of long-term policy ideas by members of the 2020 group of Conservative MPs.
Dancing Around the Fiscal Cliff
Wednesday, 26 December 2012
The Legatum Institute's Dalibor Rohac says US budget talks and piecemeal efforts to address the EU crisis all ignore the key issue: What goods and services can government effectively provide (International Herald Tribune).
The 20th-Century Idea Warriors
Tuesday, 18 December 2012
Free-marketeers weren't always a unified bloc. Milton Friedman and William F. Buckley were ski buddies, but Friedrich Hayek refused to blurb Buckley's first book. Dalibor Rohac reviews Angus Burgin's The Great Persuasion: Reinventing Free Markets since the Depression (Wall Street Journal)
“South Africa needs to get its act together”
Friday, 7 December 2012
South Africa today is a country beset with challenges – a ruling party in disarray, sluggish economic growth, growing corruption. Is the ANC in terminal decline? Why is South Africa struggling to manage its global brand? Ann Bernstein, executive director at the Centre for Development and Enterprise in South Africa, gave a talk at the Legatum Institute to answer some of these questions.
G-20 Needs to Review Admission Standards
Monday, 26 November 2012
The Legatum Institute was pleased to host Jim Glassman, Founding Executive Director of the George W. Bush Institute and former US Under Secretary of State for Public Diplomacy and Public Affairs for a roundtable discussion on G-20 admission standards.
Economic Transitions: Learning from Central Europe
Tuesday, 2 October 2012
Many of the challenges facing the Arab world today are not that different from those facing Eastern Europe twenty years ago, writes Dalibor Rohac for Stanford University's Hoover Institution.
Preventing the Next Great Recession
Friday, 7 September 2012
Steven Horwitz, chair of economics at St. Lawrence University, urges policy makers to explore market alternatives to central banking and structural reforms of regulatory and fiscal policy processes.
A Renaissance for the Islamic World?
Saturday, 4 August 2012
Vali Nasr looks at the potential rejuvenation for the Islamic civilization and suggests the key to success could be through creating economic relationships on a global scale.
Gus O'Donnell to Chair Legatum Institute Commission on Wellbeing Policy
Monday, 23 July 2012
LONDON—The Legatum Institute is establishing a high-level Commission to examine the policy implications of wellbeing research. The Commission on Wellbeing Policy will be chaired by Gus O'Donnell who, until late 2011, was the UK Cabinet Secretary, the highest-ranking official in the Civil Service.
2012 Charles Street Symposium
Tuesday, 26 June 2012
The inaugural Charles Street Symposium focussed on issues of economic risk and uncertainty and brought together an outstanding group of young scholars with leading senior economists as keynote speakers and mentors.
“It certainly was the eye of the storm”
Thursday, 14 June 2012
In a conversation with Brian Carney of the Wall Street Journal, economist Randall Kroszner describes how he experienced the financial crisis during his time at the Federal Reserve.
Wednesday, 30 May 2012
In City Journal, Dalibor Rohac and Hemal Shah, researchers at the Legatum Institute in London, investigate the unreasonable economics of the London Olympics.
The Debt Threat to Democracy: Part II
Monday, 28 May 2012
Tim Leunig argues that a democracy that works well will deliver sensible debt limits by consent, just as it will deliver sensible policies in a range of other policy areas.
The Debt Threat to Democracy
Thursday, 24 May 2012
In a working paper, Hudson Institute Scholar and former AEI President Christopher DeMuth argues that debt has become a means of pleasing and placating voters while avoiding democratic accountability.
The Debt Threat to Democracy: Part I
Monday, 21 May 2012
Christopher DeMuth argues that debt has become a means of pleasing and placating voters while avoiding democratic accountability.
Transparency Only the First Step to Fixing Finance
Tuesday, 31 January 2012
In US News & World Report, Robert Hahn and Peter Passell believe transparency in the financial sector could certainly help the world economy prosper—but is it enough?
Bourgeois Dignity: Why Economics Can’t Explain the Modern World
Friday, 13 January 2012
Deirdre McCloskey, distinguished Professor of Economics, History, English and Communication at the University of Illinois, visited the Legatum Institute for a discussion of her book 'Bourgeois Dignity—Why Economics Can't Explain the Modern World'.
Patrick French on India: A Portrait
Friday, 9 December 2011
The Legatum Institute hosted author Patrick French for a discussion on his book, 'India: A Portrait'; an intimate biography of 1.2 billion people.
Survey of Entrepreneurs: Nigeria 2011
Thursday, 1 December 2011
This is the first edition of the Legatum Institute Survey of Entrepreneurs: Nigeria. It aims to get "inside the minds" of Nigeria’s enterprising class to better understand entrepreneurship in Africa's most populous country.
The New World Order
Tuesday, 1 November 2011
The New World Order is an attempt to look at the emerging world, through the lens of ethnic and cultural ties as opposed to geographic patterns or levels of economic development.
Report: The success of the Nordic countries
Wednesday, 26 October 2011
The Legatum Institute publishes a new report which argues that the strong performance of Nordic economies over the past 15 years is a retreat of government—in terms of public spending, taxation and regulation.
Economic Lessons from Scandinavia
Wednesday, 19 October 2011
The Scandinavian economies have performed strongly over the past 15 years, leading many to believe that the Nordic Model defies economic theory. How have these economies have avoided crises?
Survey of Entrepreneurs: India 2011
Saturday, 1 October 2011
This survey aims to get inside the minds of entrepreneurs in India to try and understand how and why they make the decisions they do. What motivates them? Who do they turn to for advice? How do they handle corruption? This report provides the answers.
Survey of Entrepreneurs: China 2011
Saturday, 1 October 2011
This survey aims to "get inside the minds" of entrepreneurs in China, to understand how and why entrepreneurs make the decisions they do. What motivates them? Who do they turn to for advice? How do they handle corruption? What is it really like ‘on the ground’ for an entrepreneur?
Financial Regulation Goes Global
Wednesday, 1 December 2010
New regulations of the financial services industry, implemented in response to the global financial crisis, are disingenuous political posturing with some continuing the existing mistakes partly responsible for the problems we are facing today.
Can the Euro Survive?
Wednesday, 1 December 2010
The Eurozone’s periphery has a deep solvency problem in the sense that, absent a debt restructuring and an exit from the Euro, the correction of the periphery’s public finances cannot be achieved without provoking the deepest and most prolonged of domestic economic recessions.
Survey of Entrepreneurs: China 2010
Friday, 1 October 2010
Published alongside the Legatum Institute Survey of Entrepreneurs: India 2010, this survey of entrepreneurs in China reveals valuable insights into the minds and practices of China's enterprising class.
Survey of Entrepreneurs: China and India 2010
Wednesday, 18 August 2010
The Legatum Institute Survey of Entrepreneurs: China and India 2010 aims to shed light on how entrepreneurs in these two dynamic economies think, so that policymakers, investors, business owners, and the media can better understand the enterprising class
The Broken Ladder
Tuesday, 18 May 2010
This is a major international study of how increasing urbanisation in the world is affecting the prospect of upward mobility for ordinary families and individuals. The study focuses on the key social and economic developments in three major global cities: London, Mexico City, and Mumbai.
Prospects for Pakistan
Friday, 1 January 2010
This report by Jonathan Paris considers the most important issues facing Pakistan of the next one to three years including the economy, civil-military issues, Islamic trends, the future of the Taliban, the India–Pakistan relationship and the US–Pakistan relationship.
Survey of Entrepreneurs: India 2009
Tuesday, 1 December 2009
This report is the inaugural edition of the Legatum Institute Survey of Entrepreneurs: India. It is one of the largest surveys of entrepreneurs in the world and allows us to “get inside the mind” of India’s enterprising class.