Episodes

  • A discussion on leaders and populism with Lord Patten, Gideon Rachman, Margaret MacMillan and Ricardo Soares de Oliveira Since the beginning of the millennium, when Vladimir Putin took power in Russia, authoritarian leaders have come to dominate global politics.

    Self-styled strongmen have risen to power in Moscow, Beijing, Delhi, Brasilia, Budapest, Ankara, Riyadh and Washington. These leaders are nationalists and social conservatives, with little tolerance for minorities, dissent or the interests of foreigners. At home, they encourage a cult of personality and claim to stand up for ordinary people against globalist elites; abroad, they posture as the embodiments of their nations. And they are not just operating in authoritarian political systems but have begun to emerge in the heartlands of liberal democracy.

    This panel’s distinguished speakers will address the following questions: How and why did this new style of strongman leadership arrive? How likely is it to lead to global war or economic collapse? Most pressingly, we will be asking: are liberal societies, beset by internal turmoil and their own strongman dynamics, capable of checking and reversing this trend?

    This was a joint event with the Oxford Martin Programme on African Governance.

  • Nick Westcott, Director of the Royal African Society, discusses the African State. African states have been in flux since long before colonial powers carved up the continent into bite-sized chunks at the end of the 19th century.

    In the 60 years since most became independent, new trends have emerged. Some have reflected history, both colonial and pre-colonial, from ethnic rivalries and migrating populations to authoritarian structures, extractive institutions and irrational borders.

    Others reflect new dynamics both local and global - economic imbalances, demographic dynamism, changing climate and a changing balance of global power. But in particular there is a shift in the ideological basis of the state: how do people view it, what do they expect and what do governments think they should do?

    This is a joint event with the Oxford Martin Programme on African Governance

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  • In this event chaired by Ricardo Soares de Oliveira, Oliver Bullough discusses his best selling and critically acclaimed book, 'Butler to the World: How Britain Became the Servant of Tycoons, Tax Dodgers, Kleptocrats and Criminals'. In Butler to the World, Bullough reveals how the UK has become a hospitable location for oligarchs and kleptocrats from all over the world - a place where they can hide their monies, build respectable reputations on the back of philanthropy and party donations, and influence those in power. From professional facilitators to politicians, Bullough’s book asks searing questions about today's political and economic life in the United Kingdom.

  • MPs Andrew Mitchell and Margaret Hodge discuss illicit finance and their work on improving regulations. Russia’s invasion of Ukraine and resulting sanctions regime has shed light on the United Kingdom’s harbouring of illicit wealth from around the world.

    It has also revealed the centrality of enablers in the legal and financial sectors in laundering oligarchs’ monies and reputations. As co-chairs of the All-Party Parliamentary Group on Responsible Tax, Andrew Mitchell and Margaret Hodge have been at the forefront of the UK’s fight against dirty money, illicit finance and money laundering.

    In this event, Andrew Mitchell and Margaret Hodge will discuss with Ricardo Soares de Oliveira and John Heathershaw past attempts at curbing professional facilitators, the inadequacy of present regulations and the prospect of improvement through the upcoming Economic Crime Bill, among other ongoing efforts. Most pressingly, they will be asking: after a decade of signalling reform intent, is change really about to happen?

  • Claire Craig and Sarah Dillon discuss their new book. There is an urgent need to take stories seriously in order to improve public reasoning.

    The challenges of using scientific evidence, of distinguishing news from fake news, and of acting well in anticipation of highly uncertain futures, are more visible now than ever before. Across all these areas of public reasoning, stories create profound new knowledge and so deserve to be taken seriously.

    The two authors, Claire Craig, Provost of The Queen’s College, and Sarah Dillon, Professor of Literature and the Public Humanities at the University of Cambridge, talk to Charles Godfray, Director of the Oxford Martin School, about their theory and practice of listening to narratives where decisions are strongly influenced by contentious knowledge and powerful imaginings in areas such as climate change, artificial intelligence, the economy, and nuclear weapons and power.

  • The event launched a book by the Emerging Markets Forum (EMF), a Washington DC based not-for-profit think tank focused on emerging economies. The book takes a long-term perspective of emerging market economies through 2060. It highlights some of the fundamental and structural changes in the global economy accelerated by the pandemic as well as changes in geopolitics. It looks at the global megatrends, and the key issues such as climate change, rising inequality and inequities, fragility of international monetary system as well as rapid technological changes and their impact on the way we work that will heavily impact the future direction of most economies and societies. Finally, the volume highlights the fact that while many of the issues highlighted require joint actions at the global level, the current multilateral system is no longer geared to tackle them. It needs a major revamp as does the global economic governance.

    Harinder Kohli, Founding Director of EMF and primary editor of the book, Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission and G-20 Sherpa of India, and Sir Suma Chakrabarti, Chairman of ODI and former President of EBRD discuss the book, chaired by Ian Goldin.

    This talk is organised by the Oxford Martin School and the Oxford Martin Programme on the Future of Development.

  • Dr Leroy Hood, CEO of Phenome Health, discusses his strategy for precision population health If one takes a systems approach to healthcare, it is obvious that it should be predictive, preventive, personalised and participatory (P4).

    This can be accomplished, in part, by a vision which includes following the health trajectory of each individual with a data-driven (genome/longitudinal phenome) approach to, after proper analyses, optimise wellness and avoid disease. This is the essence of what precision population health should be. To achieve this object, Dr Leroy Hood, CEO of Phenome Health, has proposed a “2nd human genome project”, termed Beyond the Human Genome, to analyse the genomes and longitudinal phenomes of one million individuals over 10 years with federal support. He has founded a non-profit company, Phenome Health, to develop the strategies and accumulate effective partners to carry out this initiative, which he will discuss in this talk.

    The first three Ps have to do with science and they lead to what Dr Hood calls the science of wellness and prevention. The fourth P, 'participatory', has to do with education, psychology and sociology and is by far the most difficult to achieve. How does one persuade patients, physicians, healthcare leaders, regulators, and industrial members of the current healthcare ecosystems to accept this paradigm change in how medicine is practiced?

    One clear need is a broad-scale education program to bring an understanding of just what P4 medicine is and how it can be achieved through the Beyond the Human Genome project. A second approach is to offer viable solutions to each of the five largest challenges of contemporary medicine - quality, ageing population, exploding chronic diseases, racial equity and excessive costs. The 10-year demonstration project of Beyond the Human Genome will provide striking new solutions to each of these challenges, as Dr Hood will discuss.

  • Stefan Dercon talks about his new book, with further discussion from David Pilling (Financial Times) and Melinda Bohannon (FCDO) In the last thirty years, the developing world has undergone tremendous changes. Overall, poverty has fallen, people live longer and healthier lives, and economies have been transformed.

    And yet many countries have simply missed the boat. Oxford’s Stefan Dercon’s new book, “Gambling on Development: Why some countries win and others lose”, asks why it is that some of the previously poorest countries have prospered, while others have failed.

    Stefan argues that the answer lies not in a specific set of policies, but rather in a key ‘development bargain’, whereby a country’s elites shift from protecting their own positions to gambling on a growth-based future. Despite the imperfections of such bargains, China is among the most striking recent success stories, along with Indonesia and more unlikely places, such as Bangladesh, Ghana and, tentatively, Ethiopia. Gambling on Development is about these winning efforts, in contrast to countries stuck in elite bargains leading nowhere.

    At the talk, he is joined by David Pilling (Financial Times), Melinda Bohannon, (Director of Strategy at FCDO) and Ricardo Soares de Oliveira (Oxford University).

    The event will debate some of the themes of the book: how economics and politics are deeply connected, how naïve policy prescriptions distract, how international policies and aid can help or distort, but also the remarkable role played in some countries by leading groups and individuals to drive progress, and the failures of local elites elsewhere.

  • Dr Tara Garnett (director of TABLE and fellow of the Oxford Martin School) in conversation with Dr Helena Wright, Dr Pablo Manzano and Dan Blaustein-Rejto, discuss livestock systems and greenhouse gas emissions. The food system generates around a third of human-made greenhouse gas emissions, with about half of these attributable to animal production; and yet food was markedly absent from official discussions at COP26.
    This, for many analysts, represented not only a major climate-relevant omission but also a missed opportunity for reshaping the food system in ways that could achieve broader set of social, environmental and economic benefits.
    That said, some of the major commitments agreed at the 2021 COP – notably around deforestation and methane – will, if implemented, require action from the livestock sector, and many activists are hoping that COP27 will see a far greater focus on livestock-related concerns than has been the case so far.
    But what exactly is the livestock problem that needs to be addressed? For some, the ongoing trend towards large-scale, capital-intensive, high density livestock production is the major issue. For others, this trend towards intensification is to be welcomed, since, it is argued, they are far more environmentally efficient than the traditional, extensive and low yielding systems they replace. And then there is the question of appetite. Is our growing demand for meat a given, and the challenge a matter of meeting this demand at least environmental cost; or are robust policies needed to incentivise a shift towards more plant-based, lower impact diets? Is everyone actually missing the point, using overly simplistic metrics to assess the environmental goods and bads of livestock production, and in so doing failing to recognise the numerous ecological, social, economic and cultural benefits of certain livestock systems and the importance of foregrounding equity and food sovereignty in discussions about livestock?

    Dr Tara Garnett (director of TABLE and fellow of the Oxford Martin School) in conversation with Dr Helena Wright, Policy Director at the FAIRR Initiative, Dr Pablo Manzano, Ikerbasque Research Fellow at the Basque Centre for Climate Change, and Dan Blaustein-Rejto, Director of Food and Agriculture at the Breakthrough Institute.

    This is a joint event with TABLE and the Oxford Martin School

  • Sir Dieter Helm discusses how we could shift to a sustainable economy. What would have to happen for this generation to live within its environmental means and to bequeath to the next generation a set of assets at least as good as it inherited?

    What would the sustainable economy look like? How do we stop climate change and biodiversity loss?

    Consumption would have to be on a sustainable growth path, having first ensured the proper capital maintenance of the infrastructures and the natural capitals. Polluters would have to pay, with prices reflecting the full costs of the pollution causes to make the stuff for us the ultimate polluters. Economic growth, driven by technological progress and ideas would continue, once the economy was put back to the sustainable level of consumption.

    This would be very different from what happens now. The focus would not be on Keynesian boosts to aggregate demand, borrowing for current consumption, and quantitative easing. Living within our - and hence the environment's means - would mean radical shifts in our life styles, changes to national accounting and to the frameworks of economic policy.

    Getting to the sustainable economy would be politically very difficult, but not doing so risks lots for climate change and further considerable destruction of biodiversity. Continuing on our current path is unsustainable: hence it will not be sustained.

  • Alison Wolf, Ian Stuart and Sir Chris Husbands join Sir Paul Collier to discuss vocational skills and the economy. This country has been worrying about vocational skills since the late 19th century. Since then we have had one government initiative after another, yet employers' complaints about skill shortages have steadily increased. At the same time, the country has continued to grow economically: so sceptics might wonder if there is really a crisis at all. This conversation brings three expert academic and practitioner perspectives on this vital issue.

    Alison Wolf (Baroness Wolf of Dulwich) is Sir Roy Griffiths Professor of Public Sector Management at King's College London and a nationally recognized academic authority on skills and education.
    Sir Chris Husbands, is Vice-Chancellor of Sheffield Hallam University, where he has pioneered vocational training, now recognized nationally in its top-rated reputation with students.
    Ian Stuart is the Chief Executive of HSBC, which has just pioneered bank relocation out of London, moving its HQ to Birmingham. There, it will become a major employer of skilled jobs; and as one of Britain’s top banks for SMEs in the Midlands and North, has practical experience of whether the skills needed for entrepreneurship and in place.

  • This discussion brings together the editors of a special issue of the Oxford Review of Economic Policy on Capitalism. Rising levels of inequality, social exclusion, environmental degradation and political divisiveness are a of source growing disillusionment with our capitalist system.
    The OxREP issue includes articles by leading economists from around the world on the problems with the existing system and the changes that need to be made to address them.
    At the heart of the arguments presented is the notion of cohesive communities and societies, and their role alongside globalisation, privatisation and financialisation in restoring trust in capitalism.

  • Join Professor Kingsley Moghalu, Oxford Martin Visiting Fellow on the Oxford Martin Programme on African Governance and former Deputy Governor of the Central Bank of Nigeria, as he discusses the challenges and opportunities of Nigeria's political economy Nigeria, Africa’s most populous country and the continent’s largest economy, is populated by dynamic and talented citizens, but has faced steep challenges in development, leadership and governance.
    Poverty is widespread. The country is currently embattled by terrorism, general insecurity, a depressed economy, and by challenges from separatist agitations to the existential legitimacy of the Nigerian state.

    How can Nigeria achieve transformation economically and politically? Taking a political economy approach into the Nigerian conundrum, this public lecture by Professor Kingsley Moghalu, Visiting Fellow at the University of Oxford’s Oxford Martin School, examines how the West African country’s foundation as a British colony, and contemporary challenges of nationhood and political order formation, the resource curse of oil, corruption, and the absence of a strong leadership culture have created incentives for Nigeria’s current dysfunction. He identifies not just seven critical challenges, but also offers seven paths to reform and a longer term resolution of the country’s political and economic challenges. The result, if his prescriptions happen, could be the long-delayed emergence of Africa’s first truly indigenous global power.

  • Join Ron Emerson, Chairman of Bank North, & Professor Colin Mayer, Lead Researcher on the Oxford Martin Initiative on Regional Levelling-up, as they discuss the above and in what ways does Bank North’s business model address these needs? The UK has the most extreme regional inequalities in the OECD and one of the most centralised governance and financial systems all controlled from London.

    How can the finance and banking world help level the playing field and shift all focus and control away from London? When it comes to finance and banking - why are they so important to levelling up? What has gone wrong with local access to finance? And what is needed to resolve this problem?

  • Dave Smith, Chief Executive of South Yorkshire City-Region Authority and Colin Mayer, Professor of Finance, discuss how South Yorkshire can forge a strategy for change. South Yorkshire, crucible of the Industrial Revolution, was once a proud, prosperous and highly-skilled society. In the 1980s its two major industries collapsed and it is now the poorest region in England.

    It still has huge assets, including coherence between its economic geography and its political organisation. It has a nationally-central and under-utilised logistics hub at Doncaster, with fast road, rail, air and port connections. In the public sector it has two top-rated universities, and excellent teaching hospitals. In the private sector it has major clusters of SMEs, including a network of 800 IT firms. It has a vibrant civil society, with world-leading social enterprises. In other countries, similarly hit cities have revived.

    Join Dave Smith and Colin Mayer as they discuss opportunities and challenges for the region.

  • Dr Alexandra Zimmermann, WildCRU, discusses the challenges of managing conflict between different groups in order to protect wildlife and natural resources The conservation of biodiversity and natural resources is unavoidably about managing conflicts between groups of people.To be able to withstand the additional pressures and impacts from climate change and the pandemic, conservation efforts need to become adept at preventing and mitigating conflicts over protected areas, wildlife, and access to natural resources.
    Tensions frequently arise over access to land, resources and benefits from protected areas, the management of wildlife, sustainable use, livelihoods, development, and social justice. The UN Convention on Biological Diversity’s 2050 Vision of ‘Living in Harmony with Nature’ envisages a world in which such environmental conflicts are much reduced. However, to reach this aspirational goal, managing and preventing conflicts over biodiversity is essential if global ambitions of nature recovery and sustainable coexistence are to become reality.

    Join Dr Alexandra Zimmermann & Professor David Macdonald, from WildCRU, as they discuss the drivers, levels and characteristics of conflicts over biodiversity and explore what can be learned and adapted from the fields of conflict analysis, negotiation and resolution to improve our collective capacity to manage biodiversity conflicts effectively.
    This talk is a joint event with the Oxford Martin Programme on Natural Governance.

  • Diane Coyle and Ian Goldin discuss Diane's new book 'Cogs and Monsters' and how economics can face the challenges of technological change. Digital technology is disruptive, and it is not sparing economics from that disruption. What are the challenges facing economics and economists in the post-financial crisis, post-pandemic, world as they respond to fundamental structural changes?

    Digital technology, big data, big tech, machine learning, and AI are revolutionising both the tools of economics and the phenomena it seeks to measure, understand, and shape.

    In this talk Diane Coyle, Author of Cogs and Monsters, and Professor Ian Goldin, Director of the Oxford Martin Programme on Technological and Economic Change, will explore the enormous problems - but also opportunities - facing economics today if it is to respond effectively to these dizzying changes and help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency.

  • Economists Paul Collier and John Kay discuss their book, Greed is Dead, with Sir Charles Godfray Throughout history, successful societies have created institutions which channel both competition and co-operation to achieve complex goals of general benefit.

    These institutions make the difference between societies that thrive and those paralysed by discord, the difference between prosperous and poor economies. In their 2020 book, Greed is Dead, the leading economists Paul Collier and John Kay argue that extreme individualism has today weakened co-operation and polarised our politics, and call for a reaffirmation of the values of mutuality across the social, political and business spheres.

    In conversation with Charles Godfray, the authors will develop this argument and explore how the experience of the global pandemic may affect how societies and policymakers view the balance between individualism and mutuality.

  • Join Nick Eyre and Steve Smith for a discussion on a renewable energy, energy efficiency and carbon emissions. The combustion of fossil fuels is responsible for the most greenhouse gas emissions, particularly in industrialised countries.

    Systemic change in energy systems is therefore a critical component of any net-zero agenda. It is a huge global challenge, but recent developments give cause for optimism that a Green Industrial Revolution is possible.

    Join Professor Nick Eyre, Lead Researcher, Oxford Martin Programme on Integrating Renewable Energy, where he will discuss with Dr Steve Smith, Executive Director of Oxford Net Zero, how the declining costs of renewable electricity mean they can provide cheap mitigation, as well as enabling major improvements in energy efficiency, so that the total amount of energy that will need to be decarbonised is much lower than often projected.

  • The first discussion in the Oxford Net Zero Series, hosted by the Oxford Martin School, hones in on the fundamental motivation of the research programme: ‘Why net zero? Join the Oxford Net Zero Initiative’s Research Director, Professor Sam Fankhauser; Director, Professor Myles Allen; Net Zero Policy Engagement Fellow, Kaya Axelsson as they discuss with the Chair, Executive Director. Dr Steve Smith, the meaning of the word ‘net’ in net zero, reviewing what is needed to mitigate global warming, as and before we fully phase out activities that generate greenhouse gas emissions.

    The discussion will explore the framing opportunities and challenges that the term ‘net-zero’ offers for science, policy, and advocacy informing effective climate action, as well as the innovation required at scale to achieve the global goal.