Demographic Impacts on Economic Growth

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 […]

Telegraph: “The EU is about to hit self-destruct”

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 […]

Announcement: Economist Thomas Stratmann joins The Growth Commission

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, […]

PRESS RELEASE: British households to become £2400 poorer from new EU-style tax

New Research from the Growth Commission’s Spring Growth Budget says an EU-style Carbon Border Tax to be implemented by 2027, with second round of Government consultations to be launched tomorrow, will further damage UK growth. An EU style carbon border adjustment mechanism (CBAM) will increase the costs of goods including iron, steel, aluminium, fertiliser, hydrogen, ceramics, glass and cement […]