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Investing for prosperity: skills, infrastructure and innovation

This report discusses the institutions and policies needed to sustain UK economic growth in the world economy of th... Show more
This report discusses the institutions and policies needed to sustain UK economic growth in the world economy of the 21st century. The authors focus on three long-term investments – skills, infrastructure and innovation. The report begins with an overall analysis of the UK’s economic story to date. Then, in each of the three main chapters, the authors describe why each investment matters for growth and offer a diagnosis of what is argued as the UK’s failure to invest sufficiently. This analysis underpins the report’s policy proposals, which are organised into two groups: core and supplementary. At the end of each main chapter, the authors ask why adequate policy solutions have not already been implemented. Finally, a case is made for a new measure of economic progress and the structures at the heart of government that are needed to drive the growth agenda forward are discussed.
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Authors: Aghion, Philippe; Besley, Tim; Browne, John; Caselli, Francesco ... [+] Show more

Date: 2013

Geographic subjects: Great Britain; Europe

Resource type: Report, paper or authored book

Series name: Special paper (London School of Economics. Centre for Economic Performance)

Subjects: Policy; Economics; Skills and knowledge ... [+] Show more

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Investing for prosperity: skills, infrastructure and innovation