How do financial markets influence economic development in different parts of the country? For example: when it becomes more expensive or more difficult to obtain loans and investments, or when rules and structures within the banking and financial world change—how does that affect growth in different regions? These kinds of questions have often been overlooked in discussions about why some parts of the UK are more productive than others.
Can information about property investments be used to calculate the level of risk when investing in different cities and regions? And how does the structure of the banking and financial system shape this development?
Philip McCann specializes in spatial economics and economic geography and is one of the UK’s most cited social scientists. He has also served as a special adviser to two EU Commissioners, as well as an adviser to the European Commission, OECD, European Investment Bank, and to government departments and research institutes in several countries. He joined the University of Manchester in July 2022 after working at the University of Sheffield. In May 2024, he was appointed to the Sir Terry Leahy Chair in Urban and Regional Economics. Philip was a member of Labour’s Commission on the Future of the UK, led by former Prime Minister Gordon Brown. He contributed to the commission’s report on the UK’s geographical inequalities.
Philip McCann will discuss the effects of capital flows, capital prices, and capital shocks on productivity in cities and regions across the UK and Europe.
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