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Romesh Vaitilingam Profile
Romesh Vaitilingam

@econromesh

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Economics writer on new findings, policy analysis & commentary from a wide range of researchers & institutions; editor-in-chief of @EconObservatory

Bristol, UK
Joined March 2013
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@econromesh
Romesh Vaitilingam
2 hours
Displacement in #Uganda pushed people from agriculture to non-agricultural activities & exacerbated spatial inequality; kids benefitted from schooling in camps; securing land rights & reconstructing road networks also essential for recovery #JobMarketPaper
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cepr.org
From the late 1990s up until 2006, approximately 1,800,000 civilians were uprooted from their villages in Northern Uganda and parts of Eastern Uganda and forced to live in camps. This column examines...
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@EconObservatory
Economics Observatory
2 days
The UK unemployment rate has risen to 5.1% — its highest level since January 2021. How does this compare with G7 peers? #ChartOfTheDay
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@jagjit_chadha
Jagjit S. Chadha
5 hours
Whatever the @bankofengland announces at today, there are issues to be addressed: communication and a strategy for price stability. Fine tuning #BankRate is not the answer. My latest for @CentralBanking_ @CFMUK @MMF_research @CamEcon @mcmahonecon https://t.co/2B5tgc5Gah
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centralbanking.com
Jagjit Chadha warns of the perils of discretion as UK inflation is not securely converging on the target
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@econromesh
Romesh Vaitilingam
4 hours
Innovative technologies that might be able to to remove carbon from the atmosphere in the future need investment now; one idea is for firms to buy the right to emit carbon now, as long as they commit to remove carbon when mature technology exists, @voxeu
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cepr.org
In the second of our episodes based on the topics discussed at the conference “Addressing the Risks and Responses to Climate Overshoot”, organised by the AXA Research Fund, CEPR, and Paris School of...
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@ResFortnight
Research Fortnight
23 hours
BREAKING: Flat cash settlement for curiosity-driven research at UKRI up to 2030. UKRI has released a breakdown of how it will spend its £38.6 billion four-year research budget. Spending on government priorities will increase. Free to read. https://t.co/GvWLG5qBUI
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researchprofessionalnews.com
But spending on government priorities and innovation will increase as share of agency’s budget
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@ojblanchard1
Olivier Blanchard
1 day
Great analysis in real time. Conclusions might well be tested in coming years.
@PIIE
Peterson Institute
3 days
The PIIE Briefing of essays from our October conference on central bank independence in practice is now available here:
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@econromesh
Romesh Vaitilingam
1 day
#Fintech has improved efficiency & inclusion in banking, especially lending, but it has also raised concerns about financial stability, privacy, discrimination & overall wellbeing, Xavier Vives @voxeu
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cepr.org
Fintech has improved efficiency and inclusion in banking, especially lending, but has also raised concerns about financial stability, privacy, discrimination, and overall wellbeing. This column...
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@econromesh
Romesh Vaitilingam
2 days
US export controls on #China in 2007 reduced Chinese imports of restricted goods; in a domestic innovation response, Chinese firms cut off from US inputs upped R&D spending & patenting, as did upstream Chinese suppliers of similar products to exposed firms
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cepr.org
A key debate surrounding export controls is whether they accelerate innovation in targeted rivals. This column studies this question using a set of US export controls, the 2007 ‘China Rule’, by...
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@EconObservatory
Economics Observatory
2 days
TODAY on the Economics Observatory – UK higher education finance: what’s the problem and what can be done? By Gill Wyness, Richard Murphy https://t.co/aFbq4VhqGr
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@econromesh
Romesh Vaitilingam
2 days
The EU aims to finance common priorities in defence, energy & digital with supranational bonds; exclusion of these bonds from main sovereign indices limits their investor base & translates into worse behaviour in crises, @voxeu #JobMarketPaper
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cepr.org
The EU aims to finance common priorities in defence, energy transition, and digital infrastructure with supranational EU bonds. This column argues that the current exclusion of these supranational...
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@voxeu
VoxEU
3 days
The second Trump administration: Consequences for the ‘rest of us’ Gary Gensler @GaryGensler @MITEcon @MIT, Simon Johnson @baselinescene @MITSloan, Ugo Panizza @upanizza @GVAGrad, Beatrice Weder di Mauro @bweder @cepr_org @GVAGrad @INSEAD https://t.co/QdZ3aPpZp1
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@chicagoboothrev
Chicago Booth Review
3 days
Do Americans need stronger legal protections online? Chicago Booth’s @KentClarkCenter polled its US panel of economic experts to see what they think.
chicagobooth.edu
A panel of economists considers policies to address digital harms.
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@econromesh
Romesh Vaitilingam
3 days
How #Trump’s actions may have undermined his stated goal to #MakeAmericaGreatAgain with low inflation & high rates of growth & employment; instead, the policies seem more likely to deliver additional frustration & disappointment for most Americans, @voxeu
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cepr.org
As soon as he took office for the second time, Donald Trump made it clear that there would be dramatic changes in US government policy. This column describes how President Trump’s actions may have...
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@econromesh
Romesh Vaitilingam
3 days
.@EuroclearGroup is a critical chokepoint holding most frozen Russian assets, @voxeu on windfall profits generated by the assets, the push towards de facto confiscation despite concerns about financial stability & proposals to use them to support Ukraine https://t.co/HxgtpO89Ay
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cepr.org
European policymakers are debating using immobilised assets of the Central Bank of Russia held at Euroclear to finance a ‘reparation loan’ for Ukraine. This column explains how European Central...
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@econromesh
Romesh Vaitilingam
3 days
While both countries are running unsustainable fiscal policies, the immediate adjustments needed to restore US fiscal solvency are far greater than those required of Italy, @voxeu piece by Larry Kotlikoff Also available in French: https://t.co/tLsRV2Qjt1 https://t.co/nJzWj3g7pT
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cepr.org
By the standard debt-to-GDP measure, the US is in somewhat better fiscal shape than Italy, but this excludes the present value of myriad off-the-books obligations. This column employs fiscal gap...
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@jagjit_chadha
Jagjit S. Chadha
3 days
Is it @bankofengland's job to target government funding costs? Not exactly. Let's focus on price and financial stability. @MMF_research @cepr_org @econromesh @CamEcon Letter: A trade-off the Bank of England should avoid https://t.co/Rl3dpg04Wg via @FT
ft.com
From Jagjit S Chadha, Distinguished Professor, Faculty of Economics, University of Cambridge, UK
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@econromesh
Romesh Vaitilingam
3 days
Calls to bolster Brussels’ public finances in the next Multiannual Financial Framework clash with the reluctance of some member states to spend more centrally, @voxeu on a possible way forward linking EU funds to national reform & investment projects,
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cepr.org
In July, the European Commission fired the starting gun on the negotiations of the next Multiannual Financial Framework – the EU’s budget. Against a tough geopolitical and economic backdrop, the call...
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