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Economic Policy Institute studies the impact of Canada's role in responding to climate change

by Krista Habermehl | January 30, 2008

Since 2001, Western’s Economic Policy Research Institute (EPRI) and its distinguished researchers have positioned the University as a leader in both the formation of policy analysis and in the training of Canada’s next generation of leading policy analysts.

A joint venture between Western’s Economics and Political Science departments, the EPRI addresses important long-term economic issues facing Canadian society and shapes relevant policy recommendations. To date, research has been focused on five key areas: Canada’s global economic environment; Canada in the new economy; money and finance; political economy; and human capital and labour markets.

Going forward, EPRI researchers will focus on two timely and pressing areas of research – the economy of China and India and the impact of those countries on Canada, and the economic impact of climate change on Canada.

“China and India are extremely important not only because they have over a third of the world’s population, but because their economic progress is a beacon for the rest of the developing world and our own future prosperity depends partly on healthy economic relations with them,” says Jim Davies, director of the EPRI. “At the
same time, everyone’s future depends on climate change. What the world does to reduce global warming and adjust to climate change is crucial, and how Canada should contribute to this is the top public policy issue of the 21st Century.”

The EPRI was founded in 2001 thanks to a $750,000 donation from RBC Financial Group. Private support from corporations, foundations and individuals continues to be crucial to fund ongoing faculty fellows (of which there are approximately 30) seminars and conferences, and research publications.

This article appeared in the Winter 2008 edition of Impact Western
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