The Growth Commission has issued the following response to the King’s Speech: Wealth Creation Focus The continued emphasis on wealth creation from the Government is commendable, but we now need to clarify what wealth creation actually entails and how it will be achieved. Key elements from the speech include: Planning and Infrastructure Bill Summary This […]
In this paper, we focus on the demographic impacts on economic growth. The demographic shifts here mean that the share of the old cohort in the total population increases or the average age rises over time because of increased life expectancy and a decline in fertility. Of these two forces, the significant decrease in the […]
Consider, for instance, the European Carbon Border Adjustment Mechanism (CBAM). It imposes significant trade barriers between the EU and its trading partners. Already introduced but with much more (and worse) to come, the CBAM will apply a tariff to carbon-intensive products. This will result in a decline in trade openness for the EU and any […]
The Growth Commission welcomes Thomas Stratmann, a distinguished macro economist, who currently holds an appointment as Professor of Economics at the Department of Economics at George Mason University and a courtesy appointment at Antonin Scalia Law School as a new Growth Commissioner. As a senior research fellow at the Mercatus Center in the United States, […]