Our Scans · (ZY.4.26) Sociology · Weekly Summary

• The National Institute of Economic and Social Research assigns a 60% probability to a recession in the UK by the end of 2024, while the Institute for Fiscal Studies warns of a moderate recession in the first half of 2024, with a 0.7% contraction in GDP. OptiLab Partners AB
• Amidst a turbulent economic landscape, the National Institute of Economic and Social Research has projected a much-needed improvement in UK living standards. BNN
• Analysis from the National Institute of Economic and Social Research estimates that at the end of last year, GDP was between 2% and 3% lower than it would have been had the UK not left the EU; the equivalent of an £850 per person loss in national income, rising to £2,300 per capita by 2035. The Guardian
• As the National Institute of Economic and Social Research has shown in its quarterly outlook released last week, the UK economy will likely suffer five years of lost economic growth, with the pre-pandemic peak not reached until the end of 2024. niesr
• According to the sociological research of the Razumkov Center, published in May, 84% of Ukrainians see corruption as a threat to the unity of society and the support of partners and are in favor of the disclosure of the discovered facts. Get the Latest Ukraine News Today - KyivPost
• A recent report published by the National Institute for Economic and Social research warned that it will take until the end of 2024 for UK output - a broader measure than GDP - to surpass its pre-pandemic level, with the think tank highlighting five years of lost economic growth. CityAM
• A recent report published by the National Institute for Economic and Social research warned that it will take until the end of 2024 for UK output to surpass its pre-pandemic level, with the think tank highlighting five years of lost economic growth. CityAM
• The Economic and Social Research Institute (ESRI) has revised downwards its growth forecast for the Irish economy for 2023 and 2024. Teagasc
• The Bank of England expects inflation to fall back to its target of 2% at the start of 2025, moving closer to the view that the National Institute of Economic and Social Research has had for a while now. CaCHE
• Today's Bank of England interest hike means that by the end of the year more than a million househholds (4% of all UK households) will run out of savings because of higher mortgage repayments, says the National Institute of Economic and Social Research. The Guardian
• Believable proxies of human behavior can empower interactive applications ranging from immersive environments to rehearsal spaces for interpersonal communication to prototyping tools. arXiv.org
• With forecasts from the National Institute of Economic and Social Research now indicating that the UK will avoid a recession, firms need to invest in attracting and retaining talent and rebuilding skills to boast economic growth and rebuild Britain's status as a skills powerhouse. Employee Benefits
• The National Institute for Economic and Social Research cut its forecast for UK GDP growth in 2023 to 0.2 pc from 0.7 pc, saying Britain will dodge recession in 2023 but its people will face the after-effects of a severe fall in living standards. MSN
• Britain's National Institute for Economic and Social Research cut its forecast for gross domestic product growth in 2023 to 0.2% from 0.7% in its last forecast in November, and sees growth of 1.0% in 2024, down from 1.7%. Reuters
• While the Organisation for Economic Co-Operation and Development (OECD) and the Economic and Social Research Institute (ESRI) differ on the precise forecasts, both agree that the Irish economy will slow in 2023, after the surge in growth seen after the Covid-19 shutdowns. The Irish Times
• The Economic and Social Research Institute said it estimates that 43% of households could now be in energy poverty. RTE
• The National Institute of Economic and Social Research has recommended that universal credit payments should rise by £25 from October, when the energy price cap will rise again, to cushion the poorest against what is to come. The Guardian
• The National Institute of Economic and Social Research think tank is estimating that 1.5 million households will struggle to pay energy and food prices in 2022. BBC News
• In a recent study, the UK's National Institute of Economic and Social Research found that a $100 per tonne global carbon tax could contribute to higher short-term inflation and cut GDP by up to 2% in most OECD countries. Imeche
• The National Institute of Economic and Social Research forecasts that it could knock one percentage point off global GDP in 2023 - equivalent to around a trillion US dollars or £760 billion. The Conversation

Last updated: 26 April 2024