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| Cambridge Centre for Economic and Public Policy | |
|---|---|
| Name | Cambridge Centre for Economic and Public Policy |
| Established | 2010s |
| Type | Research centre |
| City | Cambridge |
| Country | United Kingdom |
| Affiliation | University of Cambridge |
Cambridge Centre for Economic and Public Policy is an interdisciplinary research centre based at the University of Cambridge that engages in applied analysis of public finance, development, taxation and public administration. It brings together scholars and practitioners from colleges such as Trinity College, Cambridge, King's College, Cambridge, St John's College, Cambridge, and university departments including Faculty of Economics, University of Cambridge, Department of Politics and International Studies, Judge Business School, and School of Clinical Medicine. The centre interacts with international organizations and policy institutions such as the International Monetary Fund, World Bank, Organisation for Economic Co-operation and Development, United Nations Development Programme, and national treasuries.
The centre was formed in the 2010s following initiatives involving figures from University of Oxford, London School of Economics, Harvard University, Massachusetts Institute of Technology, and Princeton University to respond to fiscal crises highlighted by events like the Global Financial Crisis (2007–2008), the European sovereign debt crisis, and policy debates after the 2010 United Kingdom general election. Early governance included academics with links to Centre for Economic Policy Research, National Bureau of Economic Research, International Growth Centre, and advisers who had served at the UK Treasury, Bank of England, and European Commission. Over time the centre expanded collaborations with research institutes such as Institute for Fiscal Studies, Overseas Development Institute, Chatham House, and Royal Society.
The centre's mission emphasizes evidence-based policy analysis, focusing on taxation, public expenditure, fiscal federalism, and administrative capacity with projects addressing issues in contexts like India, Nigeria, Kenya, Brazil, and China. Research strands link to methodological traditions represented by Adam Smith-inspired public finance, Keynesian economics, Public Choice theory, and applied work associated with James Mirrlees and Amartya Sen. The centre prioritizes work on reform pathways influenced by comparative studies from United States, Germany, France, Japan, and South Africa, and engages with legal frameworks shaped by instruments such as the European Union law and multilateral arrangements like the Basel Accords.
Governance combines a director drawn from faculties such as the Faculty of Economics, University of Cambridge with an advisory board including members from HM Treasury, British Academy, Royal Economic Society, Wellcome Trust, and international agencies like the World Health Organization and United Nations. Administrative support is provided through the university's central offices such as Cambridge University Press and college bursaries from Queens' College, Cambridge. Research groups are organized into thematic units that mirror international practice areas associated with organizations including the European Central Bank, Asian Development Bank, Inter-American Development Bank, and national ministries of finance.
The centre contributes to postgraduate teaching through supervision in programs like the MPhil in Economics (Cambridge), MPhil in Public Policy (University of Cambridge), and doctoral research in collaboration with departments such as Department of Land Economy and Institute of Continuing Education. It offers short courses and executive training attended by officials from institutions such as Cabinet Office (United Kingdom), Ministry of Finance (India), Federal Ministry of Finance (Germany), and representatives from OECD and United Nations Economic Commission for Africa. Visiting fellows have included scholars from Yale University, Columbia University, University of California, Berkeley, and practitioners from Goldman Sachs, McKinsey & Company, and national central banks.
Outputs include working papers, policy briefs, and peer‑reviewed articles published in journals such as the Quarterly Journal of Economics, Journal of Public Economics, Economic Journal, Review of Economic Studies, and Journal of Development Economics. The centre's white papers have informed reports produced by the International Monetary Fund, World Bank, OECD, and national audit offices including the National Audit Office (United Kingdom). It also co-publishes edited volumes with presses like Cambridge University Press, Oxford University Press, and partners on datasets used in projects linked to World Bank Open Data, IMF Data, and benchmarks derived from Doing Business and Human Development Report compilations.
Formal partnerships exist with university research units including Cambridge Centre for Development Studies, Cambridge Econometrics, Centre for Science and Policy, and external institutions such as Institute for Fiscal Studies, African Development Bank, Asian Development Bank, Bill & Melinda Gates Foundation, Rockefeller Foundation, and philanthropic programmes like Wellcome Trust. Collaborative projects have been co-funded by agencies such as the UK Research and Innovation, European Research Council, International Development Research Centre, and multilateral lending institutions such as European Investment Bank.
Faculty and affiliates have included economists and policy scholars who have held appointments or fellowships at institutions like Nuffield College, Oxford, St Antony's College, Oxford, Brookings Institution, Peterson Institute for International Economics, IMF Institute, and served in roles at HM Treasury, Ministry of Finance (India), World Bank Group, United Nations, and central banks including the Bank of England and Reserve Bank of India. Alumni have proceeded to positions at European Commission, African Union, Inter-American Development Bank, leading universities such as Princeton University, Stanford University, University of Chicago, and policy think tanks such as Chatham House and Carnegie Endowment for International Peace.
Category:University of Cambridge research institutes