Abstract: It turns out that price index functions share a basic interpretation; practically all of them measure a change in some average of quality-adjusted prices. The different options are distinguished by their choice of average, their definition of quality, and their stance on what I label ‘equal interest’. This new perspective updates the so-called stochastic...

The UK’s longstanding current account deficit indicates that the UK economy has a fundamental problem of international competitiveness.

This document constitutes the One Planet SWF Working Group’s Framework. It is the outcome of consultations among the founding members and with other institutional investors who are working towards the integration of climate change issues in the asset management sector.

This report assesses the influence of the current system of Horizontal Fiscal Equalisation (HFE) on productivity, efficiency and economic growth; the incentives for the states to undertake reforms that improve the operation of their jurisdictions; and on the states’ abilities to prepare and deliver annual budgets.

The UK’s vote to leave the EU arose in part from deep social and geographical divides across the country. But could the decision to leave impact upon those same inequalities?