Research

Macroeconomic trends & policy

Macroeconomic trends & policy

Many of the UK productivity issues reflect economy-wide failures. From a private finance viewpoint, large financing gap for business seems to have emerged as banking restrictions on lending lead to shortfalls in productive investment. From a fiscal viewpoint, public investment in productivity-enhancing infrastructure may be limited by the fiscal regime and accounting frameworks used by the Treasury.

Theme lead

Professor Jagjit Chadha

Co-Investigators

Professor John Tsoukalas
Dr Garry Young, National Institute for Social and Economic Research

Recent Publications

B. van Ark, A. J. Venables, (2020)

A concerted effort to tackle the productivity puzzle during the post-COVID era