The UK in a Global World - Vox

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Department for Business, Innovation and Skills (BIS)The Department for Business, Innovation and Skills (BIS) is making a differenceby supporting sustained growth and higher skills across the economy. BIS bringsall of the levers of the economy together in one place. It’s policy areas – fromskills and higher education to innovation and science to business and trade – allhelp to drive growth. ‘BIS: working together for growth’.Centre for Economic Policy Research (CEPR)The Centre for Economic Policy Research is a network of over 700 ResearchFellows and Affiliates, based primarily in European universities. The Centrecoordinates the research activities of its Fellows and Affiliates and communicatesthe results to the public and private sectors. CEPR is an entrepreneur, developingresearch initiatives with the producers, consumers and sponsors of research.Established in 1983, CEPR is a European economics research organisation withuniquely wide-ranging scope and activities.The Centre is pluralist and non-partisan, bringing economic research to bearon the analysis of medium- and long-run policy questions. CEPR research mayinclude views on policy, but the Executive Committee of the Centre does notgive prior review to its publications, and the Centre takes no institutional policypositions. The opinions expressed in this report are those of the authors and notthose of the Centre for Economic Policy Research.The Economic and Social Research Council (ESRC)The ESRC is UK’s largest organisation for funding research on economic andsocial issues. It is a non-departmental public body (NDPB) established by RoyalCharter in 1965, which is financed predominantly through the Department forBusiness, Innovation and Skills (BIS). ESRC supports independent, high qualityresearch that has an impact on business, the public sector and the third sector.At any one time, the ESRC supports over 4,000 researchers and postgraduatestudents in academic institutions and independent research institutes.
ContentsAbout the ContributorsAcknowledgementsForewordviviiiix1 Introduction and Overview 1David Greenaway2 Creating Competitive Advantage: Policy Lessons from History 7Nicholas Crafts3 Choosing Races and Placing Bets: UK National Innovation Policyand the Globalisation of Innovation Systems 37Alan Hughes4 Value Creation and Trade in 21st Century Manufacturing:What Policies for UK Manufacturing? 71Richard E. Baldwin and Simon J. Evenett5 Comparative Advantage and Service Trade 129Giordano Mion
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