Friday 8 February 2013

TUC Economic Report – Productivity

via ToUChstone blog: A public policy blog from the TUC
by Duncan Weldon

The TUC’s latest Economic Report is now online (PDF 12pp) and covers the UK’s “productivity paradox”.

The report analyses the relationship between estimates of productivity growth and the size of the structural deficit and surveys the recent debate between supply optimists and supply pessimists.

It then goes on to look at eight commonly given explanations for the UK’s recent weakness in productivity growth.

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