A new alliance that will help inform policy has been announced. The University of Portsmouth's School of Accounting, Economics and Finance is partnering with the National Institute of Economic and Social Research (NIESR), Britain's oldest independent research institute. Founded 86 years ago, NIESR has a distinguished history of providing evidence-based research to inform government and policymaking.
This partnership is set to advance both institutions' missions to generate impactful research and inform policy at local, national, and global levels. The collaboration sets out several aims:
This partnership is a fantastic opportunity for our students to gain real-world insights and prepare for impactful careers.
Professor Homagni Choudhury, Head of School, Accounting, Economics and Finance, Faculty of Business and Law at the University of Portsmouth
Driving civic engagement and public discourse
The partnership supports the University's civic engagement agenda through public lectures and expert analysis such as the recent public lecture by Professor Stephen Millard, Deputy Director of Macroeconomic Modelling and Forecasting at NIESR. His analysis of the October budget and policy priorities of the new Labour government, along with regional insights for the South-East, underscored the partnership's commitment to sharing timely and relevant expertise with the community.
Empowering Research and Policy Impact
The partnership will also enable the University's researchers to stay at the forefront of global economic developments. With NIESR's support, academics will benefit from current insights into fiscal events and economic shocks, ensuring their research remains timely and impactful. This collaboration will also help University research reach decision-makers and policymakers more effectively.
Commenting on the partnership, Professor Stephen Millard said: "NIESR's vision is to understand the economic and social issues that most affect people's lives and to propose better policy responses. Through this partnership, we look forward to working closely with the University on improving our understanding of economic and social issues, developing policy proposals, and ensuring that our work impacts policy decisions."
Supporting Students and Professional Pathways
Students at the University of Portsmouth stand to gain significantly from the partnership. There will be opportunities for NIESR members to mentor undergraduates, helping them transition from academic study to the job market, and providing networking opportunities that foster pathways to becoming professional economists.
NIESR's vision is to understand the economic and social issues that most affect people's lives and to propose better policy responses. Through this partnership, we look forward to working closely with the University on improving our understanding of economic and social issues, developing policy proposals, and ensuring that our work impacts policy decisions.
Professor Stephen Millard , Deputy Director of Macroeconomic Modelling and Forecasting at NIESR
Professor Homagni Choudhury , Head of School, Accounting, Economics and Finance, Faculty of Business and Law at the University of Portsmouth, said: "This partnership is a fantastic opportunity for our students to gain real-world insights and prepare for impactful careers"
"We're excited to be embarking on this new partnership with NIESR. This collaboration is a joint venture to achieve greater reach and impact in informing policy. With expertise in areas such as developing forecasting models, green finance, and renewable technologies, the University of Portsmouth is well-positioned to contribute to solutions for today's pressing economic challenges."
Established in 2022, the University of Portsmouth's School of Accounting, Economics and Finance addresses contemporary challenges in its fields through innovative research and education.
