Research supported by Warwick's ESRC Centre on Competitive Advantage in the Global Economy show that the Soviet Union initially tried similar economic reforms as China - but without the same success.
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IFS research shows that the nature of the UK labour market could be dramatically transformed within the next five years if proposed reductions in general government employment were to be fully realised.
Only 40 per cent of the Chancellor's planned spending cuts will be in place by the end of this financial year – with 60 per cent yet to come, according to the Institute for Fiscal Studies' Green Budget 2014.
Why was the euro introduced without establishing other institutions associated with a successful monetary union?
By far the most important reason that housing is so expensive is our planning policy, shows research from the Spatial Economics Research Centre.
"Despite the recession there are signs that working life has improved in a number of respects for those who have been lucky enough to stay in work," says Professor Stephen Wood, following first findings from the 2011 Workplace Employee Relations Survey.
Following the success and public interest around the inaugural event last year, the 2013 Festival of Economics, co-sponsored by the ESRC, is about to be launched in Bristol.
Governments and financial regulators have called on banks to rein in their risk cultures. However, a new report from the London School of Economics and Plymouth University dispels the myth of the perfect risk culture.
Welsh workers are happier than colleagues in other UK countries, despite lower wages and less skilled jobs.
Six in ten people over the age of 50 in the UK have not considered how they will finance their retirement years – and a third of people approaching retirement do not know how much income they will receive from their private pensions, according to research from the Institute for Fiscal Studies.