top of page
DURHAM ECONOMICS DIGEST
All The Latest
From the economic impact of COVID-19 to dealing with the effects of climate change, our blog showcases the work of Durham University's best and brightest students.


Intel’s Supply Bottlenecks Expose the High Cost of a Manufacturing Comeback
Intel is one of the world’s largest semiconductor companies, designing and manufacturing chips that power personal computers, data centres, and critical digital infrastructure. Long dominant in PC processors, the company is now attempting a costly revival of its manufacturing capabilities to compete at the cutting edge of advanced chip production in the US. Recent market reactions show how difficult and economically risky that effort remains. Supply Constraints and Revenue P

Gayathri Sunil Pushpangadan
Jan 252 min read


Murk in Every Sense: Sewage, Debt and Reform in England and Wales’ Privatised Water
January 2026. Ofwat set to be abolished in what could be the most radical overhaul of the water sector since privatisation. The operations of England and Wales’ privatised water and sewage systems are murky in more ways than one. Polluted rivers and untreated sewage, opaque finances, blurred accountability, a regulatory system that struggles to see clearly beneath the surface. ‘Murk in every sense’ Does the government’s “New Vision for Water” genuinely cut through the fog,

Sophia Boiko
Jan 253 min read


The EU-Mercosur Agreement: A New Chapter in Global Trade
After more than 25 years of negotiations, the European Union and the Mercosur trade bloc, consisting of Argentina, Bolivia, Brazil, Paraguay and Uruguay, have taken a historic step towards a trade pact that could reshape global commerce. On January 9th 2026, the EU Council authorised the signature of the EU-Mercosur Partnership Agreement and an interim Trade Agreement, marking a breakthrough in discussions dating back to 1999. The agreement was formally signed in mid-January

James Smith
Jan 252 min read


Is the Study of Economics Always Political?
Following the marginalist revolution, the notion of positive economics as a "value free science with no place for value judgements of any kind" (Boumans and Davis 2011, p.169) began to emerge, diverging as a separate study from political economy. Many scholars began to argue that economics was a universal and objective science in which political considerations had no place. Keynes (1891) called economics a study of "what is" rather than "what ought to be". This essay seeks to

Ines Gueriri
Jan 196 min read


Pricing Sugar and Weighing Outcomes: Does Taxation Really Reduce Obesity?
Rising obesity levels are an issue growing in prevalence over the years . As NHS director for Diabetes and Obesity, Dr Clare Hambling states: “Obesity is one of the biggest threats to health in the UK – it affects every human organ system and can have a major impact on people’s lives”. Obesity has been linked to raising the risk of severe health problems like Type 2 diabetes, heart diseases, strokes, high blood pressure, etc. ultimately reducing life expectancy. Should the go

Gabby Wong
Jan 183 min read


What "This Country" Says about Rural Life
“ Can I just ask you an honest question: why would you want to leave the village when we’ve got a pub and a shop? ” The last episode of sitcom This Country aired over five years ago, yet it has stuck in the imagination of many, myself included. Mundane premises go full circle into being downright hilarious with their dry quips. A part of this survivorship is also attributed to how This Country does not glamorize rural living, but presents it as it truly is for many young peo

Emily Hatwell
Jan 183 min read


The Economy of Iran Needs a Monetary Cooldown, not Another Revolution
The Economy of Iran Needs a Monetary Cooldown, Not Another Revolution. When Mr. Khomeini stepped out of that famous chartered Air France Boeing 747 flight on February 1, 1979 in Tehran, it did not cross anyone’s mind for a second that forty-seven years later, the children of those who so ardently rioted against their banished King, would indeed riot again to have their olden days back. Revolution, they so emphatically hold, would bring those days back. I believe, however, tha

Ali Hashemifara
Jan 134 min read


The EU’s Reparations Loan Is Risky. Here's An Alternative.
On December 18th , the day I am nervously looking forward to, the European Council in Brussels will make a decision either too prudent or too fatal. Europe has now reached a stage where it needs only one last push to deter Russian aggression. The push however, is not anymore affordable. That is why you and I have recently heard too much about what Brussels calls “reparations loan” which I must admit I hope it be not implemented. The EU is short of Ukraine’s new budget require

Ali Hashemifara
Dec 14, 20255 min read


The Lasting Impact of 1975’s Loans Affair
‘God Save the Queen, Because Nothing Will Save the Governor-General’ The 11th November is known to most as a day of remembrance for those that died in WW1 and for the innumerable conflicts that followed; poppies are worn, wreaths are lain, the eery notes of the Last Post can be heard. However, for Australia, 11th November is also remembered for another monumental event that happened fifty years ago. Let’s set the scene. It’s November 1975, Mamma Mia by ABBA is the Number 1

Emily Hatwell
Dec 8, 20254 min read


Buy Now, Pay Later: is financing that Black Friday burrito really worth it?
Buy Now, Pay Later (BNPL) providers have rapidly taken over online checkouts. Now, it’s become impossible to visit any online vendor without seeing the soft pastel colours of Klarna or Afterpay; slowly dominating and becoming the primary method of payment for the younger shoppers. The prospect of paying four small instalments – no interest charged, if paid on time. This makes the hard pill of the total price much easier to swallow. BNPL providers like Klarna, Affirm, Afterpay

Gabby Wong
Dec 7, 20254 min read


Cracking the Chinese Consumption Code: Why China’s Growth Model Needs to Flip
China’s remarkable economic rise has primarily been driven by investment, whether in factories, infrastructure, or real estate built at unprecedented speed. But for more than a decade, Beijing has aimed to shift toward household consumption as the core driver of growth. Progress has been limited. Today, consumption accounts for just around 39% of GDP, which is far below major advanced economies, and remains overshadowed by investment and exports. Why is household consumption

James Smith
Dec 7, 20252 min read


How Tunisia Threw its Youth in the Sea
In the field of socioeconomic research, following the ever-increasing rate of globalisation, the studied phenomenon of “brain drain” has become increasingly prevalent. This is the colloquial term for human capital flight, which is defined as the emigration or immigration of highly skilled individuals seeking better living standards and higher wages. Tunisia, an economically stagnant country with most of its GDP vested in education, stands tall, ongoing for the past 13 years,

Ines Gueriri
Nov 16, 20256 min read


The Hidden Psychology of AI Advertising: How Companies and Cookies influence Consumer Choice
Is your phone listening to you? One moment you’re chatting about the newest trending makeup product - phone in hand. And the next time you’re online, doomscrolling TikTok’s or Instagram reels, ads for that specific cosmetic and content promoting that coveted must-have pops up everywhere. Coincidence, or is Mark Zuckerberg secretly in your walls? Probably not. AI algorithms push content that you’re more likely to enjoy — carefully measured by your watch time, engagement,

Gabby Wong
Nov 16, 20253 min read


The Modern Women of Economics
In October 2023, now Chancellor of the Exchequer Rachel Reeves released a new book: ‘The Women Who Made Modern Economics’. An admirable and – as many who have experienced a 9am Principles of Economics lecture will know – necessary discussion in a field that can feel a little bit like a sausage party. However, it was soon alleged by the Financial Times that (shock horror) some passages had been lifted from Wikipedia. The ensuing scandal was suitably tiresome as it was splashed

Emily Hatwell
Nov 16, 20253 min read


Fixing the UK Productivity Gap: How Investment, Management, and Policy can Make a Difference
For over a decade, the UK has struggled with a persistent productivity gap- workers here produce less output per hour than in many comparable countries. This isn’t just an abstract economic problem: it affects wages, living standards, and even public services. Understanding why productivity lags and how we might fix it is vital. One major factor is investment, or the lack of it. Many UK businesses, especially smaller firms, insufficiently invest in new technology and employee

James Smith
Nov 16, 20251 min read


bottom of page