It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the `Rational Expectations Revolution' by...

"Towards the end of 2016, the European Commission set up a High-Level Expert Group on Sustainable Finance (the HLEG) with '20 policy leaders from civil society, the finance sector and academia' . They were joined by nine observers from industry associations and other stakeholders, and were...

The EU Action Plan on Financing Sustainable Growth is the most advanced and comprehensive policy agenda on sustainability in the world. But is it going in the right direction? Acting as a bridge between policy and academia, this up-to-date contribution to the global policy debate brings together...

Introduction As in any past period, companies are under a number of pressures, both internal and external, which call for changes in management style, management functions, etc. What tends to make the present period distinct, and in some ways sets it apart from previous periods, is that these...

The first industrial revolution was born with the steam engine. It was the steam engine which changed, in a short period of time, almost every factory both in the United Kingdom and elsewhere. Historians tell us that the rapid uptake of the steam engine in Europe was made possible by British...