An industrial strategy for the everyday economy
We explore the changes needed to develop a more progressive policy on the UK’s productivity, growth and industrial strategy
We explore the changes needed to develop a more progressive policy on the UK’s productivity, growth and industrial strategy
The UK Government’s plan for economic growth rightly covers important areas like R&D investment and new high-tech and green industries, but fails to address the need to raise productivity across all sectors of the economy.
This paper looks at the importance of further development and broadening of thinking on economic growth and reviews some of the current economic challenges that a new industrial policy would need to address. The paper also explores current policy thinking and the case for the adoption and implementation of a broader model to address the everyday economy and embrace new forms of intervention to deliver the desired results.
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