Volume 255 – February 2021 February 255 – Volume

Review

Economic Economic

Institute National NIER

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National Institute Economic Review (ISSN:0027-9501 print, 1741-3036 online) is published quarterly in February, May, August and November by Cambridge University Press, One Liberty Plaza, New York, NY 10006, USA/UPH, Shaftesbury National Institute Economic Review Volume 255 February 2021

NEW DIRECTIONS IN SOCIAL SCIENCES AND POLICY IDEAS

CONTENTS

Commentary

Commentary: Whither after COVID-19 and Brexit: A social science perspective Jagjit S. Chadha 1

Articles How to not miss a productivity revival once again Bart van Ark, Klaas de Vries and Abdul Erumban 9 Do economists expect too much from expectations? Martin Weale 25 The regional consequences of new digital infrastructure: Can Welsh SMEs gain an edge from access and adoption of superfast broadband? Dylan Henderson, Max Munday and Annette Roberts 42 Aspirations failure, disadvantage traps and inclusive regional policy Sayantan Ghosal 56 How long does economic injustice last? 69

Notes and Contributions Monetary policy and government debt management during the coronavirus pandemic William A. Allen 79 Rethinking evidence-based policy Adrian Pabst 85