The National Institute of Economic and Social Research (NIESR) is an independent economic think tank and research institute based in the United Kingdom. Established in 1938, NIESR is renowned for its expertise in conducting high-quality economic and social research, as well as providing economic forecasting and analysis.
NIESR's primary objective is to advance the understanding of key economic and social issues through research, analysis, and empirical investigation. Its work covers a wide range of topics, including macroeconomic analysis, labor markets, public finance, productivity, inequality, and other social challenges. By undertaking rigorous research and analysis, NIESR aims to contribute to evidence-based policymaking and inform public debate.
One of the major strengths of NIESR is its reputation for economic forecasting. The institute produces economic growth and inflation forecasts for the UK and other countries, which are highly respected and widely used by policymakers, financial institutions, and businesses. The accuracy and reliability of NIESR's forecasts are a testament to the institute's expertise and rigorous research methodologies.
Moreover, NIESR also provides valuable insights into economic and social policy issues through its publications, seminars, conferences, and collaborations with other research institutions. Its researchers actively engage with policymakers, academics, and other stakeholders to share their findings and contribute to the public discourse on economic and social matters.
Overall, NIESR is an esteemed institution that plays a vital role in advancing the understanding of economic and social issues through its independent research, analysis, forecasting, and policy contributions.
