Local Institutions, Productivity, Sustainability and Inclusivity Trade-offs (LIPSIT) is an ESRC (Economic and Social Research Council) funded collaborative project. The aim of the project is to identify institutional and organisational arrangements at the regional level that tend to lead to the ‘good’ management of policy trade-offs associated with increasing productivity, and to make recommendations based on this.
Recommendations will cover:
- Changes to the way national and regional policy makers operate within the current system of institutions and organisations
- Modest changes to that system that policy makers responsible for the design of the system are likely to accept, and
- More radical changes to that system that could be adopted in the future.
If policy makers act on these recommendations this will lead to strengthened institutions and thus to improved regional and local productivity. Ultimately this should lead to an improvement in the UK’s productivity record.
The LIPSIT project is funded for 18 months from October 2019.