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Globalisation, adjustment and Whitehall’s game of pass-the-parcel

“Let’s not indulge the vogueish view that domestic policy is somehow impotent in the light of global forces”

By Gavin Kelly  

©Ben Birchall/PA Wire/Press Association Images

Years ago, while working as an advisor in government, I was asked to think afresh about what policy could do to improve the plight of those on low incomes. I went to see one of the UK’s most respected economists who specialised in issues like wages and productivity. After a long, fascinating discussion he concluded by saying: “I’m afraid there’s only so…

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