Description
In this episode Bart talks to three esteemed economists - Andy Haldane, Dame Kate Barker and Professor Nick Crafts - who explain what productivity actually is and why it matters to everyone.
They discuss why UK productivity has slowed down since the 2008 financial crisis, creating a rising gap between the UK and other advanced economies in Europe. They also explain why increased productivity is important for raising living standards - drawing on lessons from the industrial revolution, how it has been affected by the Covid-19 pandemic and what critical things can be done to manage the post-crisis challenges.
Productivity Puzzles is sponsored by Capita and brought to you by The Productivity Institute, a research body involving nine academic institutions across the UK, eight Regional Productivity Forums throughout the nation, and a national independent Productivity Commission to advise policy makers at all levels of government.
Find out more about at www.productivity.ac.uk
With a new government in town, industrial strategy is back. Why now? How will it help growth and productivity? How do we get it right? And, perhaps equally important, how do we make sure we don’t get it wrong this time?
Host Professor Bart van Ark is joined by:
Dame Kate Barker, Chair of the...
Published 10/03/24
Why is business model innovation the key to an organisation’s productivity? What does it take to do it right? New technologies and new business practices don’t just come out of the blue. They happen because firms embed them in their processes so they can create a valuable proposition for their...
Published 07/18/24