It is time to accept that the refugee crisis is the humanitarian challenge of our generation
Wednesday, 20 June 2018
Refugees and migrants face unacceptable risks from trafficking, forced prostitution and forced labour according to a new study by the Legatum Institute.
The report, published to mark UN World Refugee Day, examines the evolving nature of the so-called ‘irregular’ journeys of refugees and migrants, the factors motivating them, and the risks they face in transit. It finds that governments around the world are lacking the data with which to assess the scale and severity of the challenge, preventing them from formulating an effective policy response. It suggests that our current approaches to accommodating displaced people are outdated and need to change in order to reflect the plethora of evolving factors that shape migration.
Read the full press release here.
Charity Commission closes its case into the Legatum Institute Foundation
Thursday, 31 May 2018
The Charity Commission has closed its case into the Legatum Institute Foundation, concluding that the Institute operates independently and has systems in place which are designed to ensure that its research and publications show balance and neutrality.
The Commission’s report also concluded that the Institute upholds its educational objects by engaging with individuals from across the political spectrum, both through its programme of events and its research, and has sought to ensure a diverse range of views in its activities.
The focus of the Commission’s questions was a report published by the Institute in November 2017, entitled Brexit Inflection Point: The Pathway to Prosperity. In examining this report, the Commission concluded that research into the framework of the Brexit negotiations did fall within the Institute’s remit as an educational charity, and therefore was a legitimate area of research for the Institute to examine.
The Commission’s concluded that due to the current political sensitivities relating to the issue of Brexit and UK trade policy, this particular report crossed a line and “may be seen as promoting a political view”. As a result the Commission requested that the report be removed from the Institute’s website.
Commenting on the Commission’s Case Report, the Institute’s Chair of Trustees, Alan McCormick said:
“We are pleased that the Commission has concluded its review of the Legatum Institute. As a board, the trustees take very seriously the Institute’s responsibility to educate the general public about how individuals, communities and nations can create the pathways from poverty to prosperity.
“Over the past five months we have worked closely with the Commission, pro-actively reporting relevant information and answering all questions posed to us. We are pleased to see the official recognition on the part of the Commission that the Institute operates independently and that we have systems in place, which are designed to ensure balance and neutrality in our research and educational work.
“We acknowledge the Commission’s conclusion that the Brexit Inflection report crossed a line – from the Institute’s perspective, this was wholly unintentional. In addition, we understand, and will fulfil, the Commission’s request to remove the report from our website.
By closing the case, the Commission has affirmed the high standards of the Legatum Institute and cleared the way for it to get on with its mission.”
You can read the Commission's case report in full here
Our Senior Fellow Danny Kruger takes up new senior advisory role in Government
Tuesday, 20 March 2018
Today we say goodbye to Danny Kruger MBE, who has been appointed as the Government's new civil society tsar.
Danny, who led the Legatum Institute's The Country We Want To Be programme, will be joining the Department for Digital, Culture, Media and Sport as an Expert Adviser for Civil Society, working with Secretary of State Matt Hancock.
This builds on Danny's extensive work at the Legatum Institute, which focused on creating the strong and inclusive society Britain needs if it is to address the challenges of the twenty-first century, and build a lasting legacy of prosperity for this and future generations.
Commenting on Danny's departure, our CEO, Philippa Stroud, said: "I am delighted that Danny has been asked to take his ideas, talents and vision from the Legatum Institute into Government. He is a passionate advocate of creating more just, integrated and connected communities, and we wish him all the best in helping shape the Government's civil society agenda."
Residents should take ownership of the Grenfell Tower Estate
Monday, 12 March 2018
Community ownership through a Community Land Trust could be a way forward for the Lancaster West Estate (excluding the site of the Tower itself which is subject to a separate process).
A new report from the Legatum Institute and Create Streets suggests:
- For too long the development and management of estates like the Lancaster West has been carried out without the local community having real power over the decisions that affect their neighbourhood.
- The response of the community in the immediate aftermath of the fire shows that it has the capability to decide the future of the estate.
- All those displaced by the fire should have the right to a tenancy on the same terms as they had before the fire, either on the Lancaster West Estate or close by.
- Furthermore, if residents support the idea, the ownership of the estate could be passed to the local community through the establishment of a Community Land Trust.
- Any new homes created on the estate – which will only happen with the support of residents – should be available at social rent or affordable to those on average local incomes.
Read the full press release here.
Shanker Singham to leave the Legatum Institute for new role at the IEA
Friday, 9 March 2018
Shanker Singham, Director of Economic Policy and Prosperity Studies at The Legatum Institute, is leaving for a new role at the Institute for Economic Affairs (IEA).
Commenting on Shanker’s departure, Philippa Stroud, CEO of the Legatum Institute, said:
“Since arriving at the Legatum Institute in early 2016, Shanker has done more than anyone to put the crucial issue of trade on the political agenda. He has been instrumental in educating the public on the importance of free trade, and its transformative impact on the world’s poorest and most vulnerable people.
“We wish him all the very best for the future with Mark Littlewood and our friends at the IEA as he continues his important work on the UK’s future trading relationships after Brexit, which is fundamental to the people and prosperity of our nations. I am immensely proud of the work of Shanker and his team in illustrating how trade can provide a pathway from poverty to prosperity, for individuals, communities and nations around the world.
“Shanker’s talents and energy will be sorely missed by all of us at LI. But I look forward to continuing our work on international trade as part of our vibrant research programme addressing the key challenges of our generation, from safeguarding refugees and victims of trafficking to re-imagining international development.”
Shanker Singham, commenting on his departure, said:
“I am sorry to be leaving so many friends and colleagues at the Legatum Institute. During my time there we have made great progress towards helping the public understand why trade is so important to improve the quality of life of people all over the world.
“I look forward to continuing this work at the IEA, making the case for a new and independent British trade policy after Brexit, one that can catalyse a resurgence in free trade across the globe.”
NOTES FOR EDITORS
Mr Singham will start work at the IEA later this month. The Legatum Institute’s work on international trade and anti-competitive practices, including the Special Trade Commission, will continue under new stewardship, to be announced shortly.
Gisela Stuart and Sir Oliver Letwin to join the Legatum Institute as fellows
Monday, 15 January 2018
The Legatum Institute is delighted to announce the appointment of Gisela Stuart and Sir Oliver Letwin as Fellows, leading two key programmes examining challenges to UK and global prosperity.
Gisela Stuart joins the Institute as Chair of our Effective Government programme, which examines what the UK can learn from the most successful models of government in operation around the world, in order to improve the outcomes of key public services, from health and social care to education.
Sir Oliver Letwin joins the Institute to lead The World Ahead, an exciting new initiative which examines how the rise of India and China during the course of the twenty-first century can transform the lives of billions, ending widespread poverty and fostering a new era of stability and prosperity.
Legatum Institute Foundation response to The Sunday Times and the Mail on Sunday articles on December 3rd, 2017
Sunday, 3 December 2017
The Mail on Sunday has published a misleading piece entitled “Secretive institute behind Boris and Gove's Brexit letter to 'hijack' Number 10 faces probe by charity watchdog”. The story uses covert telephoto lens photography, unproven hearsay, false associations, anonymous sources and make-believe to create a damaging impression of our work.
The Legatum Institute Foundation flatly denies the insinuations of this confection of distortions, innuendo, mistaken identity and hearsay.
We regard this story, and previous coverage by the Mail on Sunday, as a deliberate attempt to undermine the integrity of the Legatum Institute Foundation.
Read the Legatum Institute foundation response here.
Legatum Institute Foundation’s Charitable Status
Friday, 1 December 2017
As a charity, LIF exists to advance education for the benefit of all by identifying and assessing policies which contribute to the pathways from poverty to prosperity – this is the central theme in all of our work.
We actively share our expertise and insights, which flow from our research and the evidence, on important questions of policy. We share this research with the public and disseminate our work widely.
Read the Legatum Institute's full response here.
Norway tops leading index that shows the world is becoming more prosperous
Wednesday, 29 November 2017
The 2017 Legatum Prosperity Index™ shows that global prosperity now sits at its highest level since 2007, in spite of significant international turbulence.
The 11th edition of the Index reveals a number of surprising global, regional and national trends in economic and social wellbeing, including an alarming deterioration in global security and a widening gap between the most and least prosperous nations.
Read the report here.
Legatum Institute Foundation’s response to the Mail on Sunday article, 26 November 2017
Sunday, 26 November 2017
Today the Mail on Sunday published an attack on The Legatum Institute Foundation, under the headline ‘Putin’s Link to Boris and Gove’s Brexit Coup’. The misleading and inaccurate nature of this article has left us with no option but to issue a response and a correction. It is with sadness that we respond to one of our great journalistic institutions as it attacks an Institute that is dedicated to the public service of this nation at a time when we are seeking to contribute constructively to what is, without doubt, one of the most complex peacetime negotiations in living memory, and as such well within the educational remit of The Legatum Institute Foundation.
Download the Legatum Institute Foundation response here.
The Legatum Group has also responded to these spurious allegations. You can read its response here.
Legatum Institute appoints Simon Brocklebank-Fowler to head its Development Committee
Tuesday, 25 July 2017
The Legatum Institute is delighted to announce the appointment of Simon Brocklebank-Fowler as the new Head of its Development Committee. Simon, who will also serve as a Trustee of the Institute, founded Cubitt Consulting in 1998. A former diplomat and investment banker, he is an Honorary Visiting Fellow of Cass Business School and a former member of the Transatlantic Board of British American Business.
Commenting on the appointment of Simon Brocklebank-Fowler, the Institute’s CEO, Philippa Stroud, said:
“I am delighted that Simon has agreed to lead our Development Committee. He will bring enormous experience to the role, helping us to reach an ever wider audience as we seek to address the significant generational challenges we face.”
More parenting classes needed to be like Kate and Wills
Monday, 10 April 2017
British parents want more help in learning parenting skills, a new survey shows.
In a report for the London-based think-tank and educational charity, the Legatum Institute, the Bheard polling organisation showed that far from worrying about interference by a nanny state, parents actively want more parenting classes.
Legatum Institute responds to George Osborne’s BCC speech
Tuesday, 28 February 2017
LONDON— Chair of the Legatum Institute’s Special Trade Commission, Shanker Singham, responds to former Chancellor George Osborne’s remarks at the British Chambers of Commerce conference today - 28th February.
Baroness Philippa Stroud Appointed as CEO of the Legatum Institute
Monday, 12 September 2016
LONDON—The Legatum Institute, a leading London-based think tank, is delighted to announce that it has appointed Baroness Philippa Stroud as CEO to lead its mission to promote the ideas and policies that help individuals flourish and nations prosper.
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.
Winner of AIG Legatum Prize 2016 Unveiled
Monday, 21 March 2016
—The AIG Legatum Prize, which challenges the world’s brightest young minds to generate new ideas to some of the toughest policy questions, was presented
last Thursday night to Irish student Kyle Moore for his proposal of a pan-EU ‘caring credits’ system.
AIG Legatum Prize Reveals Five Shortlisted Entrants
Monday, 22 February 2016
LONDON—The AIG Legatum Prize, which challenges the world’s brightest young minds to generate new ideas to some of the toughest policy questions, has unveiled a shortlist of five finalists.