Blog
British Manufacturing: solving the Productivity Puzzle
31st May 2015
Everyone preparing for A2 papers should put aside an hour or so of their revision time to consider two great resources which have appeared this week, analysing why Britain's productivity isn't rising in line with it's GDP output. In spite of the highest current GDP growth amongst the G7 nations, GDP per hour worked is lower now than in 2007, and flatlining, as the chart here shows. No wonder that George Osborne is promising that his Budget in July will present a 'Productivity Plan'.
You might also like
Economic pain continues despite the recovery
24th December 2014
Real wages and living standards in the UK - recent evidence
6th April 2015
Government Failure: Growth Voucher Scheme Branded a Failure
18th August 2015
Competitiveness and Human Capital
Study Notes
Historical context of Brexit
24th August 2016
India overtakes the UK and becomes 5th largest economy
22nd December 2016
Apple opens a new academy in Italy
24th May 2017
Inside the Cadbury's Chocolate Factory
15th October 2017