The Truth about Productivity
We are frequently told that the UK has a productivity problem. Indeed, only at the end of 2015 has the country gone back to its pre-crisis level, and it still lags behind all other G7 countries.
Productivity data are often in the spotlight, not only because they are used as a measure of national competitiveness, but also because productivity growth drives improvements in standards of living.
Dr Micheli discusses why Productivity matters and what we can do about it.