Why the Bank of England is more upbeat about the UK economy than the IMF
The difference between the two sets of forecasts is striking. Is the BoE too optimistic or is the IMF painting too gloomy a picture?
The difference between the two sets of forecasts is striking. Is the BoE too optimistic or is the IMF painting too gloomy a picture?
Redistributing university resources towards STEM subjects and Further Education will cultivate long-term economic growth.
Regulators have the power to drive economic growth – or to stifle it entirely. We need to start thinking seriously about how, why, and when we regulate.
So far, this year has not proved quite as challenging as expected. And sterling has been the best-performing developed world currency in 2023.
South Korea – which had a lower GDP per capita than Somalia and Haiti in 1953 – has seen unprecedented growth in recent decades.
Repairing Britain’s growth problems is difficult without addressing its productivity problems. The UK’s productivity gap with many other countries is widening.
The usually gloomy Bank has upgraded its 2023 growth forecast by a full percentage point.
The French economy has bounced back more quickly post-Covid than all of Europe’s other large economies.
Welcome to the Reaction letters page. This week’s letters discuss NHS reform, the drawbacks of “growth” and abolishing the 1922 Committee.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.