Democracy and Participation - Think Tanks Flashcards
(8 cards)
Institute for Economic Affairs (IEA) – Influence?
Yes. Free-market think tank with strong ties to Conservative MPs. Influenced Liz Truss’s 2022 mini-budget (tax cuts, deregulation), though this backfired economically.
Resolution Foundation – Influence?
Yes. Respected on issues of living standards and inequality. Influenced policy debates around minimum wage and cost-of-living crisis. Cited by both Labour and Conservative politicians.
Centre for Social Justice (CSJ) – Influence?
Yes. Founded by Iain Duncan Smith (2004), helped shape Conservative welfare reforms including Universal Credit and the “workfare” approach.
Adam Smith Institute – Influence?
Yes. Promotes free markets and low taxes. Influenced Conservative economic thinking, especially during Boris Johnson’s and Truss’s leadership.
Institute for Public Policy Research (IPPR) – Influence?
Yes. Left-leaning think tank. Influenced Labour under Blair and Starmer. Ideas on social justice and green economy have shaped Labour policy.
Policy Exchange – Influence?
Yes. Centre-right think tank close to Conservatives. Influential on policing, education, and housing policy. Helped develop “levelling up” and Prevent strategies.
New Economics Foundation (NEF) – Influence?
Limited. Advocates for social justice and environmental reform. Strong ideas on universal basic income and green investment, but limited impact on government policy.
Adam Smith Institute & Thatcher Government – Influence?
Yes. Strong influence. Promoted free-market policies, privatisation, and deregulation. Margaret Thatcher adopted many of its ideas in the 1980s (e.g. selling council houses, privatising state industries). Helped reshape UK economic policy.