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Explaining, Restoring Low Productivity Growth in the UK

Accepted version
Peer-reviewed

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Type

Article

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Authors

Peinado, Patricia 

Abstract

The purpose of this contribution is to explain the low and acute productivity in the UK and also propose policies that would potentially increase productivity to more normal levels. It is the case that although the slowdown in productivity occurred around 2000 in many advanced, but also in other countries, it has become more pronounced after the Global Financial crisis and the subsequent Great Recession. We attempt to explain the reasons behind this slowdown in the UK productivity and also to discuss relevant economic policies, which would restore the low productivity in the UK. We conclude by emphasizing the most prominent economic policies for this purpose, and suggest the urgency of implementing relevant policies to cure the low and acute productivity in the UK.

Description

Keywords

38 Economics, 3801 Applied Economics, 3802 Econometrics, 8 Decent Work and Economic Growth

Journal Title

Challenge

Conference Name

Journal ISSN

0577-5132
1558-1489

Volume Title

Publisher

Informa UK Limited