Monthly Archives: December 2014

New Lectureship in Economics

The School of Economics is inviting applications for at least one Lectureship in Economics.

We are seeking applicants who are capable of publishing research of international excellence in order to contribute toward the strong research profile of the School and who will engage fully in the teaching of undergraduate and post graduate students. We have a particular teaching need for an appointment to cover existing modules in Development Economics at final year undergraduate and postgraduate level and seek an excellent candidate who can publish and teach in that area of the discipline. However, well-qualified applicants in the area of Financial Macroeconomics will also be considered seriously.

The successful candidate(s) will assist in the development and promotion of Economics at Kent, both nationally and internationally and complement the School’s existing research strengths, and foster links and collaboration with appropriate internal and external contacts and organisations.

To view the full job specification and details on how to apply, please click here. The closing date for applications is 25 January 2015.

KnowledgeWorks Entrepreneurship Challenge

School of Economics final-year student, Disha Bansal, was recently interviewed by the British
Council after she represented the University of Kent at the 6th Annual VT KnowledgeWorks Entrepreneurship Challenge. KnowledgeWorks is a global competition for young entrepreneurs, held in the USA, and gained Disha worldwide recognition for her new business venture.

The flexibility of studying for a degree in Economics enabled Disha to explore different areas of the subject. She initially came to the UK to study environmental economics, but over time switched to microfinance. She said: ‘The more I looked at environment, the more I realised that although it is my passion, there are other industries where I can make a bigger difference. Reading a newspaper article last year, I realised I could make a big difference with microfinance, coming from India and having a platform there to do my own thing… I thought it might be worth exploring. The more I looked into it, the more attractive it seemed to me.’

Disha’s company, Assero, aims to eliminate the risk of fraud in microfinance lending. Coming from India herself, Disha focused her research on the poor population in India, and realised there was a lot of money being lost between when the World Bank gives out money, to the point where it reaches the people. So she thought about how to intervene and create a system where the money directly reaches the poor people, and that is when she decided that a biometric solution might be the most effective. Disha took her idea to the Kent Enterprise Hub, where she was assigned a business adviser and made a business plan and model. The School has been supportive and flexible in enabling Disha to follow the development of her company at the same time as finishing her degree.

You can read the complete article here.

British Economic Growth, 1270-1870

Dr Alex Klein is co-author of a new book published this month titled British Economic Growth, 1270-1870. The book is a definitive new account of Britain’s economic evolution from a backwater of Europe in 1270 to the hub of the global economy in 1870. A team of leading economic historians reconstruct Britain’s national accounts for the first time right back into the thirteenth century to show what really happened quantitatively during the centuries leading up to the Industrial Revolution.

Contrary to traditional views of the earlier period as one of Malthusian stagnation, they reveal how the transition to modern economic growth built on the earlier foundations of a persistent upward trend in GDP per capita which doubled between 1270 and 1700. Featuring comprehensive estimates of population, land use, agricultural production, industrial and service sector production and GDP per capita, as well as analysis of their implications, this will be an
essential reference for anyone interested in British economic history and the origins of modern economic growth more generally.

The book can be preordered from Cambridge University Press.

Great Thinkers in Economics Series

Two new volumes have been published in the Great Thinkers in Economics Series, edited by Professor Tony Thirlwall and published by Palgrave-Macmillan: James Tobin by Robert Dimand and Kenneth Boulding by Robert Scott. There are now 17 volumes in the series.

Forthcoming titles include James Buchanan; Arthur Pigou; Milton Friedman and Friedrich von Hayek.

For further information, see Palgrave-Macmillan.

Prof Rob Fraser

Expert advice in agricultural economics

Professor Rob Fraser, one of the School’s experts in agricultural economics, was invited to attend the first meeting of the Defra Science Advisory Council Exotic Diseases subgroup
in November. The subgroup considered the latest developments around avian influenza,
following the confirmation of a case of avian flu in a duck-breeding farm in Yorkshire.

The flu strain was identified as the H5 virus, not the H5N1 strain which can be deadly to humans. Therefore the risk to public health was very low.

The European Commission said that the outbreak was likely to be linked to migratory birds ‒
possibly swans ‒ heading south for the winter, and to cases in the Netherlands and Germany  earlier in the month. The case is the first in the UK since 2008 when chickens on a farm in Banbury, Oxfordshire, tested positive for bird flu.

New research centre for macroeconomics (MaGHiC)

The School of Economics has formed a new research centre for macroeconomics. The Macroeconomics, Growth and History Centre (MaGHiC) brings together a large group of researchers at the School of Economics whose main interests lie in the wide area of macroeconomics. MaGHiC is the focal point for macroeconomic research, impact and training at the University of Kent.

The Centre’s main focus is on the analysis of macroeconomic issues, including productivity and growth, labour markets, income distribution, business cycles and macroeconomic phenomena from a historical perspective. The group also has technical strength in computational economics, macroeconometric modelling and forecasting, and expertise in building and reconstructing historical national accounts.

MaGHiC members have a wide range of expertise in policy-relevant research. Several members have acted as consultants for policy institutions such as the Asian Development Bank, Bank of England, Bank of Japan, European Central Bank, the Bank for International Settlements and the European Commission. We offer advanced training at PhD level, as well as consultancy and training services for both the private sector and policy institutions.

For further information on MaGHiC, see our website.