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Investing for Prosperity: Skills, Infrastructure and Innovation

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Author Info

  • Philippe Aghion
  • Timothy Besley
  • John Browne
  • Francesco Caselli
  • Richard Lambert
  • Rachel Lomax
  • Christopher Pissarides
  • Nick Stern
  • John Van Reenen

Abstract

What institutions and policies are needed to sustain UK economic growth in the dynamic world economy of the twentyfirst century? After years of inadequate investment in skills, infrastructure and innovation, there are longstanding structural weaknesses in the economy, all rooted in a failure to achieve stable planning, strategic vision and a political consensus on the right policy framework to support growth. This must change if we are to meet our current challenges and those that may arise in the future.

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File URL: http://cep.lse.ac.uk/pubs/download/special/cepsp28.pdf
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Bibliographic Info

Paper provided by Centre for Economic Performance, LSE in its series CEP Special Papers with number 28.

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Date of creation: Jan 2013
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Handle: RePEc:cep:cepsps:28

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Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEPSP

Related research

Keywords: GDP; innovation; infrasstructure; UK economy; skills; apprenticeships; education; government policy;

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