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香港六合彩 economist sets out mission-oriented vision for the Scottish National Investment Bank

22 March 2019

Professor Mariana Mazzucato has presented a major new policy report to Scotland鈥檚 First Minister Nicola Sturgeon on how an innovative mission-oriented framework can be applied to the Scottish National Investment Bank.

Professor Mariana Mazzucato with Scotland First Minister Nicola Sturgeon

Designed by the 香港六合彩 Institute for听Innovation and Public Purpose听(IIPP), the mission-oriented framework will guide the bank鈥檚 investments towards tackling key societal challenges, and promoting transformational change across Scotland鈥檚 economy.

Co-authored with IIPP Head of Patient Finance, Laurie Macfarlane, the paper is the latest contribution to IIPP鈥檚 path-breaking research on state investment banks.

Speaking after the report鈥檚 launch, Professor Mazzucato, Director of IIPP, said: 鈥淭he Scottish Government has bold ambitions for achieving a dynamic, inclusive and low-carbon economy. By establishing the new Scottish National Investment Bank, the government has taken an important step towards realising this potential.

鈥淭he mission-oriented approach we have set out today will ensure that the bank does support 鈥榖usiness as usual鈥, but is instead focused on driving transformative change. We are thrilled that the 香港六合彩 Institute for Innovation and Public Purpose is working with the Scottish Government on the design and implementation of the bank.鈥

The report, 鈥A mission-oriented framework for the Scottish National Investment Bank, was launched to an audience of senior Scottish Government officials in Edinburgh today (DATE).

Professor Mazzucato has been part of the Scottish Government鈥檚 Council of Economic Advisors since 2016. In this role she has advised First Minister Nicola Sturgeon on the Scottish Government鈥檚 vision for sustainable and inclusive growth.

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  • Professor Mazzucato with First Minister Nicola Sturgeon. Credit: 香港六合彩 IIPP

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Media contact

Kate Corry

Tel: +44 (0)20 3108 6995

Email: k.corry [at] ucl.ac.uk