Research

The U.S. Growth Presidency Memo

The Growth Commission has outlined a set of proposals centered on tax, fiscal, trade and regulatory policy that, if enacted by the Administration of President-elect Donald J. Trump, would maximise U.S. GDP per capita gains in the coming years. While U.S. economic growth has been more robust than equivalent G7 members over the last 25 […]

Growth Commission response to the Autumn 2024 Budget

The Growth Commission has issued the following reaction to Rachel Reeves’ Budget, delivered on 30th October 2024: Last week the non-partisan group of leading international economists who form the Growth Commission published The Autumn 2024 Growth Budget, setting out how the government could boost GDP per capita by 27.1% over the next two decades. Using […]

The Autumn 2024 Growth Budget

In advance of Rachel Reeves presenting the new government’s first Budget next week, the Growth Commission has published a 14-point plan to get the UK economy growing again. With both the Prime Minister and Chancellor focusing on the need to raise the rate of GDP per capita, The Autumn 2024 Growth Budget – released by […]

The Impact of Carbon Leakage Mechanisms on Growth

Original new research from the Growth Commission published today highlights the potential hit to economic growth in the UK if we were to adopt a carbon leakage mechanism akin to that being pioneered by the European Union and under active consideration by the UK government. The EU’s Carbon Border Tax Adjustment Mechanism (or CBAM) aims […]

Growth Commission Response to King’s Speech

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 […]

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 […]