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Groningen Growth and Development Centre

Faculty of Economics and Business
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GGDC News

The Economist: Britain’s productivity problem is long-standing and getting worse

Date:14 June 2022
Image by Vincent Killbride
Image by Vincent Killbride

On June 9th, The Economist featured research by John Fernald of INSEAD Business School and GGDC director Robert Inklaar. In their article 'The UK Productivity “Puzzle” in an International Comparative Perspective', they argue that most of Britain’s slowdown in the decade before the pandemic reflected weaker performance in America, which sets the tempo of productivity globally. The paper is hosted on the website of The Productivity Institute.