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3.5 Million pounds awarded to the Centre for Competitive Advantage in the Global Economy

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3.5 Million pounds awarded to the Centre for Competitive Advantage in the Global Economy

The Economic and Social Research Council has awarded The Centre for Competitive Advantage in the Global Economy (CAGE), £3.5 million to continue its research programme for another 5 year term.

The Centre, based in the Department of Economics at the University of Warwick, conducts research into comparative economic performance over time and across countries. The research is focused on how countries succeed in achieving objectives such as improving living standards, raising productivity, and maintaining international competitiveness, which are central to the economic wellbeing of their citizens.

A distinctive aspect of the Centre’s work is its commitment to economic history and the use of an historical perspective to illuminate current policy debates.

CAGE was originally awarded an initial 5 years of funding. The refunding is evidence of the success of the centre and the importance of its work.

Professor Nicholas Crafts, the Director of CAGE, said: “The focal point of CAGE will continue to be understanding how countries succeed in the global economy. We will sustain and develop our research into long-run growth performance, the determinants of well-being and escape from poverty, institutional reform and the political economy of managing change in a globalising world.”

For further information please contact:
Tracy Evans, Communications Manager, CAGE, University of Warwick. Tel: 02476 151281 Email:t.a.evans@warwick.ac.uk

Notes for editors
The Economic and Social Research Council (ESRC) is the UK's largest organisation for funding research on economic and social issues. It supports independent high quality research which impacts on business, the public sector and the third sector. The ESRC’s total budget for 2013/14 is £205 million. At any one time the ESRC supports over 4,000 researchers and postgraduate students in academic institutions and research policy institutes.