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Centre For Economic Performance
The Centre for Economic Performance (CEP) is an interdisciplinary research centre at the London School of Economics dedicated to the study of economic growth and effective ways to create a fair, inclusive and sustainable society. Currently led by Prof. Stephen Machin, it is one of the world's most prestigious economic research institutes, being the most important economic research institute in the United Kingdom, jointly with the Centre for Economic Policy Research. Its research performance has been particularly strong in the research areas of labour economics, productivity, happiness economics, human capital, the knowledge economy, information and communication technology, ICT, innovation, education, and European microeconomic issues. History The Centre for Economic Performance was founded in 1990 at the London School of Economics with funding from the Economic and Social Research Council (ESRC) to conduct research on the determinants of economic performance, especially in Bri ...
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Director (business)
The term director is a title given to the senior management staff of businesses and other large organizations. The term is in common use with two distinct meanings, the choice of which is influenced by the size and global reach of the organization and the historical and geographic context. Further to this, the term is also used in reference to various technical (legal) definitions specific to corporate governance legislation in individual countries. Thus, a director can be any of: * A person appointed to act as the most senior manager of the company itself (managing director) or of a key function (finance director, operations director, etc.), in which case the title is analogous to and replaces the "C-Suite" titles, this might be considered as the British English meaning of the word. * A person from a group of managers who leads or supervises a particular area of a company, which might be considered to be the American English meaning of the word. * A person holding a "director ...
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Queen’s Anniversary Prize
The Queen's Anniversary Prizes for Higher and Further Education are a biennially awarded series of prizes awarded to universities and colleges in the further and higher education sectors within the United Kingdom. Uniquely it forms part of the British honours system, to date rounds have occurred in 1994, 1996, 1998, 2000, 2002, 2005, 2007, 2009, 2011, 2013, 2015, 2017, 2019 and 2021. History The prize is awarded by the Royal Anniversary Trust, a registered charity founded in 1990 to develop a program to mark 1992 as the Ruby Jubilee of Elizabeth II, 40th year of Elizabeth II's reign as British monarch. The program had these four goals: *celebrate the anniversary *establish an educational award *promote cultural awareness of the development of the United Kingdom's constitutional monarchy *to promote commerce, industry, and the advancement of education Past winners have been recognized for work in a wide range of disciplines such as science, engineering, arts and the creative indus ...
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Raj Chetty
Nadarajan "Raj" Chetty (born August 4, 1979) is an Indian-American economist and the William A. Ackman Professor of Public Economics at Harvard University. Some of Chetty's recent papers have studied equality of opportunity in the United States and the long-term impact of teachers on students' performance. Offered tenure at the age of 28, Chetty became one of the youngest tenured faculty in the history of Harvard's economics department. He is a recipient of the John Bates Clark Medal and a 2012 MacArthur Fellow. Currently, he is also an advisory editor of the ''Journal of Public Economics''. In 2020, he was awarded the Infosys Prize in Economics, the highest monetary award recognizing achievements in science and research, in India. Education and early career Raj Chetty was born in New Delhi, India and lived there until the age of nine. His family immigrated to the United States in 1988. Chetty graduated from University School of Milwaukee in 1997 and earned his AB from Harvard Un ...
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Nicholas Stern
Nicholas Herbert Stern, Baron Stern of Brentford, (born 22 April 1946 in Hammersmith) is a British economist, banker, and academic. He is the IG Patel Professor of Economics and Government and Chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE), and 2010 Professor of Collège de France. He was President of the British Academy from 2013 to 2017, and was elected Fellow of the Royal Society in 2014. Education After attending Latymer Upper School, Stern studied the Mathematical Tripos and was awarded a Bachelor of Arts degree in maths at Peterhouse, Cambridge in 1967. His doctorate in economics (DPhilEcon) at Nuffield College, Oxford, with thesis on the rate of economic development and the theory of optimum planning in 1971 was supervised by James Mirrlees, winner of 1996's Nobel Prize in Economics. Career and research 1970–2007 He was a lecturer at the University of Oxford from 1970 to 1977 and served a ...
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Angus Deaton
Sir Angus Stewart Deaton (born 19 October 1945) is a British economist and academic. Deaton is currently a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Princeton School of Public and International Affairs and the Economics Department at Princeton University. His research focuses primarily on poverty, inequality, health, wellbeing, and economic development. In 2015, he was awarded the Nobel Memorial Prize in Economic Sciences for his analysis of consumption, poverty, and welfare. Biography Deaton was born in Edinburgh, Scotland. He attended Hawick High School and then Fettes College as a foundation scholar, working at Portmeirion hotel in summer 1964. He earned his B.A., M.A. and Ph.D. degrees at the University of Cambridge, the last with a 1975 thesis entitled ''Models of Consumer Demand and Their Application to the United Kingdom'' under the supervision of Richard Stone''.'' At Cambridge, he was later a fellow a ...
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EU–UK Trade And Cooperation Agreement
The EU–UK Trade and Cooperation Agreement (TCA) is a free trade agreement signed on 30 December 2020, between the European Union (EU), the European Atomic Energy Community (Euratom), and the United Kingdom (UK). It provisionally applied from 1 January 2021, when the Brexit transition period ended, before formally entering into force on 1 May 2021, after the ratification processes on both sides were completed: the UK Parliament ratified on 30 December 2020; the European Parliament and the Council of the European Union ratified in late April 2021. The agreement, which governs the relationship between the EU and the UK after Brexit, was concluded after eight months of negotiations. It provides for free trade in goods and limited mutual market access in services, as well as for cooperation mechanisms in a range of policy areas, transitional provisions about EU access to UK fisheries, and UK participation in some EU programmes. Compared to the UK's previous status as an EU membe ...
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Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or Euratom). The UK is the only sovereign country to have left the EU or the EC. Greenland left the EC (but became an OTC) on 1 February 1985. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a member o ...
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Economic Inequality
There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of wealth people own). Besides economic inequality between countries or states, there are important types of economic inequality between different groups of people. Important types of economic measurements focus on wealth, income, and consumption. There are many methods for measuring economic inequality, the Gini coefficient being a widely used one. Another type of measure is the Inequality-adjusted Human Development Index, which is a statistic composite index that takes inequality into account. Important concepts of equality include equity, equality of outcome, and equality of opportunity. Whereas globalization has reduced global inequality (between nations), it has increased inequality within nations. Income inequality between nations peak ...
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Paul Krugman
Paul Robin Krugman ( ; born February 28, 1953) is an American economist, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for ''The New York Times''. In 2008, Krugman was the winner of the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there. He also holds the title of Centennial Professor at the London School of Economics. Krugman was President of the Eastern Economic Association in 2010, and is among the most influential economi ...
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Tony Venables
Anthony James Venables, CBE, (born 25 April 1953), is a British economist and the BP Professor of Economics at the Department of Economics, University of Oxford, Department of Economics, University of Oxford. Venables is known as one of the pioneers of New economic geography. He co-authored along with Paul Krugman and Masahisa Fujita the influential book ''The Spatial Economy - Cities, Regions and International Trade'' (2001). He is the current director of the Oxford Centre for the Analysis of Resource Rich Economies (OxCarre). He also serves on the Steering Group of the International Growth Centre. From 2005 to 2008, he held the position of Chief Economist at the UK Department for International Development. Education Venables studied economics at Clare College, Cambridge, where he obtained his Bachelor of Arts, B.A. in 1974. After completing his undergraduate degree, he then took up his studies at St. Antony's College, Oxford. He then became a lecturer at various universities ...
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Low Pay Commission
The Low Pay Commission (LPC) is an independent body in the United Kingdom, established in 1997, that advises the government on the National Minimum Wage. It is an advisory non-departmental public body of the Department for Business, Energy and Industrial Strategy (BEIS). History and role The LPC was established in July 1997 on a non-statutory basis before being confirmed in legislation by the National Minimum Wage Act 1998. Each year, the LPC advises the government on what rates the different minimum wages in the UK should be, announcing its recommendation six months before it would come into force. It is then up to the government to accept or reject the LPC's recommendations. In the past, the government has usually accepted the wage levels advocated by the LPC. Structure The LPC consists of nine Low Pay Commissioners who are selected by BEIS. The Commissioners are a mixture of employers, trade unionists and academics. Chairs * 2009 to 2017 – Sir David Norgrove * 2017 to ...
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Trade Union Reform And Employment Rights Act 1993
The Trade Union Reform and Employment Rights Act 1993c 19 was a UK labour law that abolished the minimum wages set by sectors through 27 remaining Worker Standards Board, wage councils. It also recast parts of the Employment Protection (Consolidation) Act 1978 and altered the Trade Union and Labour Relations (Consolidation) Act 1992. Most parts were then transferred to the Employment Rights Act 1996. Overview *ss 43 and 44 narrowed the powers of Acas, ACAS, removing power to intervene in collective bargaining by giving advice, and stressing its new "advisory" role, making its services not free of charge, stipulating that ACAS's chairman need not be full-time, and introducing "compromise agreements" See also *UK labour law Notes

{{DEFAULTSORT:Trade Union Reform And Employment Rights Act 1993 Career development in the United Kingdom Trade union legislation United Kingdom labour law United Kingdom Acts of Parliament 1993 1993 in labor relations ...
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