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The Economic Research Council, Britain’s oldest economics-based think tank, is dedicated to extending the reach of economic education, debate and leadership. In support of this, the ERC raises the profile of economic conversations; we host events to cultivate wider accessibility, inclusion and civic participation.

Chart of the Week: Selected OPEC Nations’ GDP vs Oil Price

posted on September 27, 2018

The turn of the millennium ushered in a period of relative oil price stability, likely due to implementation of the OPEC oil price band mechanism in 2000. 2004 began a period of increased volatility and a surge in prices…

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