The Future of Britain, Post Brexit
Following the historic vote, Britain is leaving the European Union. Given that the UK is the US biggest European trading partner, what are the implications for UK politics, Europe and US and global business?
Opportunities and Risks in the Global Economy
The world economy continues to recover slowly and fitfully from the global financial crisis. The Euro-zone crisis remains unresolved. China is slowing. Emerging markets remain vulnerable to economic shocks. And central banks have been cautious about raising rates. Are we locked into an extended period of slow and fragile growth? Will economies cope with a steady and cautious rise in interest rates? Or are the seeds of the next bout of instability already being sown?
Why We Must Deliver Inclusive Prosperity
Wage growth has been stagnant for over a decade in America, Britain and across many parts of the developed world as inequality has continued to grow. And the result has been growing anti-politics and anti-business sentiment and the rise of extreme parties on both the far-right and far-left peddling populist and anti-trade solutions. What are the drivers of this wage stagnation? Can we build a more inclusive prosperity for the future? And what are the consequences for government and business if we fail?
Politics, Business and Public Opinion in the 21st Century
The rapid globalization of our economies and politics, and the digital-age rise of social media alongside the decline of traditional news media, have transformed the environment in which business and political decisions are made. The pace of change is much faster and reputations, painstakingly built over years, can be lost much more quickly than ever before. What can lessons can politics and business teach each other about how to navigate this new and fast-paced 21st century world — and how do we capture the benefits?
Ed Balls launches his third Harvard Brexit Paper
Former UK Shadow Chancellor and Economic Secretary to the UK Treasury ED BALLS launched his third Harvard Working Paper on the impact of Brexit on British businesses. Entitled "On the Rebound: Prospects for a US-UK FTA," the paper takes a deep dive into the prospects for, and potential impact of, a free trade agreement between the US and the UK, highlighting the key potential upsides, possible risks and principal negotiating issues from both US and UK perspectives. With over twenty years of experience at the nexus of international finance, economic policy-making, business and politics, Balls is a renowned leading expert on Brexit and its impact on the global economy. He has regularly represented the UK at Finance Minister level meetings of both the G20 and the European Council, and served as a minister and cabinet minister in the governments of both Tony Blair and Gordon Brown. Balls launched "On the Rebound" with an event at King's College, illuminating the paper's seven key findings, which quickly made headlines. He is regularly in-demand to deliver keynotes on the future of the global economy and the future of Britain post Brexit, earning rave reviews such as: "Ed was terrific! Informed, entertaining, challenging, interesting .. He is a brilliant speaker, and we hope to engage him in the future" (The Institute of International Finance).
Ed Balls in the news
With over twenty years of experience at the nexus of international finance, economic policy-making, business and politics ans as a current Senior Fellow at the Harvard Kennedy School, Ed Balls is a trusted source for media appearances. You can catch his latest here.
Making Brexit work for British Business: Key Execution Priorities
ED BALLS, with co-authors Peter Sands, Sebastian Leape, and Nyasha Weinberg, have published a study with the Harvard Kennedy School's Mossavar-Rahmani Center for Business and Government identifying the key execution priorities for making Brexit better for British businesses. After interviewing 50 mid-sized British businesses and trade associations, the papers set out the findings from the interviews and draws conclusions for policymakers.
Find out what British businesses and government are facing.Read the papers here > >
What does "America First" mean for TRADE and TAX POLICY? These HWA speakers know the decisions facing CEOs and Congress, and the impact on American workers, our foreign policy and the economy as a whole.
STEVE FORBES: CEO of Forbes media, champion of tax reform and former U.S. Presidential candidate
MAX BAUCUS: Trade expert, Ambassador to China (2014 - 2017) & Chair of Senate Finance Committee (2007 - 2014)
LAWRENCE SUMMERS: Secretary of the Treasury and Director White House Council of Economic Advisors
ALAN KRUEGER: Jobs expert, Chairman White House Council of Economic Advisors, Chief Economist of the U.S. Treasury
JULIA GILLARD: Prime Minister of Australia (2010- 2013) and expert on trade in the Asian-Pacific region
ED BALLS: Chief Economic Advisor to the UK Treasury (2010 - 2015)
PAUL TUCKER: Deputy Governor of the Bank of England (2009 - 2013)
FELIPE CALDERON: President of Mexico (2006 - 2012) and NAFTA expert
VICENTE FOX: President of Mexico (200 - 2006) and NAFTA expertMore experts on taxes and trade issues in North America, Europe and Asia >>
Trade, Taxes, and Tariffs in the Trump Administration & What it Means for Business
What is the Trump Administration setting in motion in terms of trade deals, tax reform, and tariffs and what does it mean for business? These HWA Speakers are today's top minds on the subject, many of whom have advised Presidents and enacted trade policy.HWA Speakers on Trade, Taxes & Tariffs >>
Ed Balls speaks out in new book
Ed Balls, Former British MP, Cabinet Minister and Treasury Chief Economic Advisor, has written a record of his life in politics, and more. This new release is about how power can be used for the benefit of others, and the lessons that can be learned when things go wrong. It is about the mechanics of Westminster, and of Government. It is about facing up to your fears and misgivings, and tackling your limitations – on stages both public and private.Find out more >>
Ed Balls deconstructs Brexit as "A Remainer's Lament"
"A longtime member of the United Kingdom’s Labour party, Ed Balls was elected to parliament in 2005 and served as shadow chancellor of the exchequer from 2011 to 2015. Before that, he was chief economic adviser to the Treasury and a columnist at The Financial Times. Now a senior fellow at the Harvard Kennedy School, Balls, who supported the Remain campaign, spoke with Foreign Affairs."Read the article in Foreign Affairs >>
A tour through Ed Balls' website offers a glimpse of what audiences get when he arrives to their events: Serious and thought-provoking political discussion about important Euro-zone and Brexit issues, disarming candor and a ton of fun
For example, this is how Ed Balls describes himself: Senior Fellow at Harvard Kennedy School, Visiting Professor to the Policy Institute at King’s College London, Norwich City FC Chairman and contestant on Strictly Come Dancing.
Dad, cook, pianist, economist. Former Cabinet Minister & Shadow Chancellor.
Ed Balls is a contestant on BBC One's wildly popular dancing contest with 12 million viewers
"I’d like to say I’m just really excited about learning to dance on TV, but the truth is I’m also scared to death. Making a speech in Parliament seems a piece of cake compared to this, but hopefully I can stick around for a couple of weeks, and have a lot of fun in the process."Read more about Ed Balls turn on Strictly >>
Ed Balls was Chief Economic Advisor to the Treasury in the UK
As former Chief Economic Adviser to the Treasury, Ed Balls is extremely qualified to speak on the UK economy's interaction with the European Union. Ed led the design of policies including independence of the Bank of England, the New Deal jobs program, and the Five Tests Euro that assessed Britain's readiness to join the European Union.Find out more >>
Echoes of the 1930s Must Focus Finance Ministers' Minds
Ed Balls, former Chief Economic Advisor to UK Treasury, advises G20 Finance Ministers to focus on risks to the global economy, and "get their act together."Read More...
British Influence and Prosperity Depend on Staying in the EU
Britain will make a momentous decision to stay in the European Union or leave and go it alone. Leading Global Economist & Expert on Monetary Policy and Eurozone Issues ED BALLS writes in this WSJ piece that, "The outcome will have a long and lasting impact, on the jobs and living standards of British citizens, on the fortunes of many global companies, and on the U.K.’s influence across the world."Read article...
Ed Balls is Senior Fellow at Harvard University Kennedy School's Mossavar-Rahmani Center for Business and Government and Visiting Professor to the Policy Institute at King’s College London.
He was UK Shadow Chancellor from 2011 to 2015 and co-chaired the American Progress Inclusive Prosperity Commission with former US Treasury Secretary, Larry Summers, which reported in January 2015. He served as a member of the Prime Minister’s Holocaust Commission and is now a member of the Holocaust Memorial Foundation Board.
He served in the British Cabinet as Secretary of State for Children, Schools and Families (2007-2010). He was previously the UK Economic Secretary and Minister for Financial Services (2006-2007) and the Chief Economic Adviser to the UK Treasury (1997-2004), during which time he was the Chair of the International Monetary Fund Deputies and UK G20 Deputy.
Ed was the Labour & Co-operative Member of Parliament for Morley and Outwood (2010-2015) and MP for Normanton (2005-2010).
As Chief Economic Adviser to the Treasury (1997-2004), Ed led the design of policies including independence of the Bank of England, the New Deal jobs program, the Five Tests Euro assessment, Sure Start, tax credits and the national minimum wage.
As a Treasury Minister, he was commissioned by the G7 Finance Ministers in 2006 to prepare a report with Sir Jon Cunliffe (now deputy Governor of the Bank of England) on Economic Aspects of the Israel-Palestine conflict.
At the Department for Children, Schools and Families, Ed brought together schools and children's policy for the first time in the Children's Plan and led policies to raise the UK education and training leaving age to 18, establish the independent Office for Qualifications and Examination Regulation (Ofqual), reform the Academies program, establish the National Challenge initiative to turn around under-performing schools, reform the social work profession and transform services and short breaks for disabled children and their families.
As Shadow Chancellor, Ed was awarded the Spectator Parliamentarian of the Year in 2011 and the Political Studies Association Politician of the Year, 2011
Born in Norwich in 1967, his family moved to Nottingham when Ed was 8. He attended Crossdale Drive primary school and then Nottingham High School. Ed went on to study economics and philosophy at Keble College, Oxford, and economics and politics (MPA) at the John F Kennedy School of Government, Harvard, where he was a Kennedy Scholar.
Ed was a teaching fellow in the Department of Economics, Harvard University (1989-90) and co-author with Professors Lawrence Summers and Lawrence Katz on labour economics. He was Economics leader writer and columnist at the Financial Times (1990-94) where he was the WINCOTT Young Financial Journalist of the Year. He has also written regularly for the Guardian, New Statesman and Tribune and co-authored a number of books, papers, articles and pamphlets.
Ed is married to Yvette Cooper MP, the Shadow Home Secretary. They have three children and live in London and Castleford. His interests include learning the piano, marathon running, cooking and supporting Norwich City. He is a member of the Privy Council and an Honorary Fellow of Keble College, Oxford.