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What is Britain worth to the next generation?

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  • Angus Hanton

Abstract

Government economic policy implicitly aims to build up useful reserves for future generations, or at least to not burden our children and grandchildren with unsustainable debt. Surprisingly, even though this must be an important policy objective, it is rarely discussed or measured. This paper estimates what Britain is now worth to the next generation and we explain how well recent British governments have done in building up value to hand on. The results are eye-watering for anyone who has assumed that there has been a steady build-up of wealth.

Suggested Citation

  • Angus Hanton, 2015. "What is Britain worth to the next generation?," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 16(2), pages 81-86, April.
    • Handle: RePEc:wej:wldecn:612
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    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=612
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