National Institute of Economic and Social Research

The National Institute of Economic and Social Research, abbreviated to NIESR, is an independent ^[1] research organisation located in the City of Westminster, London, England. It was established in 1938 with funding from the Rockefeller Foundation, the Pilgrim Trust, the Leverhulme Trust and the Halley Stewart Trust. It is Britain's longest established independent economic research institute. The most important output of NIESR has been a macroeconomic model of the UK economy which is used to produce forecasts of the UK economy, published quarterly in the National Institute Economic Review. Forecasts are also published for various other OECD countries. Dr. Martin Weale, CBE, has been the Institute Director since 1995, and Lord Burns has been President since 2003.

In January 2012, it rejected Migration Watch UK's assertion that young Eastern European migrants were responsible for Britain's high unemployment rate, suggesting the real problem was the recession and lack of jobs.^[2]

References

1. ^ [1]
2. ^ Louisa Peacock, 'NIESR says migrants not taking jobs', in The Daily Telegraph, January 10, 2012, p. B2

External links

• National Institute of Economic and Social Research official site

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