Is all economics local?

Interesting speech by Andy Haldane of Bank of England.

The speech uses lots of interesting data and graphs to understand local economy of UK. There are all kinds of patterns which suggest income inequality both between and within UK regions. The location matters a lot to well-being.

In his speech, our Chief Economist Andy Haldane looks at the economy at the local level. He uses data maps to show how peoples’ experiences of income, wealth, health and wellbeing vary depending on where they live.

Andy then considers how the latest developments in economic modelling and data could help give us a clearer, bottom-up picture of what’s happening in the economy.

Finally, he explains what we’ve been doing to make the Bank of England more engaged with what’s going on in local communities.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: