Britain's Puzzlingly Poor Productivity

'The only way to have your cake and eat it is to keep growing the
cake’. 

Listen to this fascinating panel from the YF Economy and Finance
network on Britain’s productivity, as part of their ‘A Decade
Since the Great Recession’ series. 


Since the great recession in 2008, the UK’s productivity growth,
especially labour productivity, has been weaker than in many
other OECD countries. So much so that the gap between actual and
pre-crisis outputs was nearly 20% lower per hour at the end of
2016 than in the previous decade. The panellists will be
discussing their views on this and the interventions they think
could boost performance ten years after the crash. This will
include a deep dive into the drivers of productivity, potential
labour and investment policies and how businesses can train and
invest in their workforce.


The event was recorded on June 13th at Fabian HQ.


Guests:


John Heap, Managing Director, Institute of Productivity
Dr. Anna Valero, ESRC Innovation Fellow - Growth, LSE
Hubert Wu, Behavioural Insights Team
Marion Mayer, Economy & Finance Network Events Officer
(chair)


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The intro music is by ‘One in a Googolplex' and used under
Creative Commons. Find out more about them here: 


https://oneinagoogolplex.bandcamp.com/