Growth Commission Chairman Shanker Singham has published a paper considering what trade strategy the UK should pursue, based on what is more likely to increase household income in the UK and decrease household cost. The paper is available to read by clicking here.
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 […]
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 […]
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 […]
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 […]
This report sets out policies which we believe will return the economy to a respectable pace of economic growth and permit GDP per capita to rise, meaning that the gap between the UK and US levels of GDP per capita will fall from the current 64% to 35% by 2045. In this budget we describe the policy changes which we believe will be necessary to transform the economy and generate faster economic growth in per capita terms.