<description> &lt;p&gt;2024 has been quite a year. A new government, big plans, but a growth and productivity revival isn’t visible yet. These things take time. Is the UK still on track for a reset of policy to boost growth and productivity? Or is there something fundamentally wrong with how we're thinking about these subjects?&lt;/p&gt; &lt;p&gt;Host Professor Bart van Ark is joined by:&lt;/p&gt; &lt;ul&gt;&lt;li&gt;&lt;b&gt;Diane Coyle, &lt;/b&gt;Bennett Professor of Public Policy, University of Cambridge &amp;amp; Director at The Productivity Institute.&lt;/li&gt;&lt;li&gt;&lt;b&gt;Richard Jones, &lt;/b&gt;Vice-President for Innovation and Regional Economic Development and Professor of Materials Physics and Innovation Policy, University of Manchester, and Policy Fellow at The Productivity Institute.&lt;/li&gt;&lt;/ul&gt; &lt;p&gt;&lt;b&gt;For more information on the topic:&lt;/b&gt;&lt;/p&gt; &lt;ul&gt;&lt;li&gt;Diane Coyle and Ayantola Alayande.&lt;a href="https://www.csls.ca/ipm/47/Coyle_final.pdf" target="_blank"&gt; Productivity and Industrial Policy by Design: The UK Experience&lt;/a&gt;, International Productivity Monitor, No. 47, Fall 2024.&lt;/li&gt;&lt;li&gt;Richard Jones.&lt;a href="http://www.softmachines.org/wordpress/" target="_blank"&gt; Taking Anglofuturism Seriously&lt;/a&gt;, Soft Machines, 2024.&lt;/li&gt;&lt;li&gt;Diane Coyle,&lt;a href="https://www.cambridge.org/core/journals/national-institute-economic-review/article/economic-progress-and-adam-smiths-dilemma/5C86F75D04A9DF31BD2ED148699F5F91" target="_blank"&gt; Economic Progress and Adam Smith’s Dilemma&lt;/a&gt;. &lt;i&gt;National Institute Economic Review&lt;/i&gt;, vol. 265, 2023, pp. 5-11.&lt;/li&gt;&lt;li&gt;&lt;a href="https://www.productivity.ac.uk/wp-content/uploads/2024/12/TPI-response-to-the-Industrial-Strategy-Green-Paper-consultation.pdf" target="_blank"&gt;The Productivity Institute’s Response to the Industrial Strategy Green Paper&lt;/a&gt;, November 2024.&lt;/li&gt;&lt;li&gt;Ayantola Alayande and Diane Coyle (2023) &lt;a href="https://www.productivity.ac.uk/research/investment-in-the-uk-longer-term-trends/" target="_blank"&gt;Investment in the UK: Longer Term Trends&lt;/a&gt;, Working Paper No. 040, The Productivity Institute.&lt;/li&gt;&lt;li&gt;Dietrich Vollrath. &lt;a href="https://press.uchicago.edu/ucp/books/book/chicago/F/bo44520849.html" target="_blank"&gt;&lt;i&gt;Fully Grown: Why a Stagnant Economy Is a Sign of Success&lt;/i&gt;&lt;/a&gt;. University of Chicago Press, 2020.&lt;/li&gt;&lt;li&gt;Charles Goodhart and Manoj Pradhan. &lt;i&gt;T&lt;/i&gt;&lt;a href="https://link.springer.com/book/10.1007/978-3-030-42657-6" target="_blank"&gt;&lt;i&gt;he Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival&lt;/i&gt;&lt;/a&gt;. Palgrave Macmillan, 2020.&lt;/li&gt;&lt;li&gt;Daron Acemoglu and Simon Johnson. &lt;a href="https://basicbooks.uk/titles/simon-johnson-2/power-and-progress/9781399804455/" target="_blank"&gt;&lt;i&gt;Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity&lt;/i&gt;&lt;/a&gt;. PublicAffairs, 2023. &lt;/li&gt;&lt;li&gt;Diane Coyle.&lt;a href="https://www.jstor.org/stable/j.ctv1kbgt01" target="_blank"&gt; &lt;i&gt;Cogs and Monsters: What Economics Is, and What It Should Be&lt;/i&gt;&lt;/a&gt;. Princeton University Press, 2021.&lt;/li&gt;&lt;li&gt;Diane Coyle, &lt;i&gt;The Measure of Progress: Counting What Really Matters&lt;/i&gt;, Princeton University Press, forthcoming, Spring 2025.&lt;/li&gt;&lt;/ul&gt; &lt;p&gt;&lt;b&gt;About Productivity Puzzles:&lt;/b&gt;&lt;/p&gt; &lt;p&gt;Productivity Puzzles is brought to you by &lt;a href="https://www.productivity.ac.uk/" target="_blank"&gt;The Productivity Institute&lt;/a&gt;, a research body involving nine academic institutions across the UK, eight Regional Productivity Forums throughout the nation, and a national independent Productivity Commission to advise policy makers at all levels of government. It is funded by the &lt;a href="https://esrc.ukri.org/about-us/strategy-and-priorities/productivity/" target="_blank"&gt;Economic and Social Research Council&lt;/a&gt;.&lt;/p&gt; </description>

Productivity Puzzles

The Productivity Institute

Wrapping Up 2024: Is there a productive growth path forward?

DEC 19, 202450 MIN
Productivity Puzzles

Wrapping Up 2024: Is there a productive growth path forward?

DEC 19, 202450 MIN

Description

<p>2024 has been quite a year. A new government, big plans, but a growth and productivity revival isn’t visible yet. These things take time. Is the UK still on track for a reset of policy to boost growth and productivity? Or is there something fundamentally wrong with how we're thinking about these subjects?</p> <p>Host Professor Bart van Ark is joined by:</p> <ul><li><b>Diane Coyle, </b>Bennett Professor of Public Policy, University of Cambridge &amp; Director at The Productivity Institute.</li><li><b>Richard Jones, </b>Vice-President for Innovation and Regional Economic Development and Professor of Materials Physics and Innovation Policy, University of Manchester, and Policy Fellow at The Productivity Institute.</li></ul> <p><b>For more information on the topic:</b></p> <ul><li>Diane Coyle and Ayantola Alayande.<a href="https://www.csls.ca/ipm/47/Coyle_final.pdf" target="_blank"> Productivity and Industrial Policy by Design: The UK Experience</a>, International Productivity Monitor, No. 47, Fall 2024.</li><li>Richard Jones.<a href="http://www.softmachines.org/wordpress/" target="_blank"> Taking Anglofuturism Seriously</a>, Soft Machines, 2024.</li><li>Diane Coyle,<a href="https://www.cambridge.org/core/journals/national-institute-economic-review/article/economic-progress-and-adam-smiths-dilemma/5C86F75D04A9DF31BD2ED148699F5F91" target="_blank"> Economic Progress and Adam Smith’s Dilemma</a>. <i>National Institute Economic Review</i>, vol. 265, 2023, pp. 5-11.</li><li><a href="https://www.productivity.ac.uk/wp-content/uploads/2024/12/TPI-response-to-the-Industrial-Strategy-Green-Paper-consultation.pdf" target="_blank">The Productivity Institute’s Response to the Industrial Strategy Green Paper</a>, November 2024.</li><li>Ayantola Alayande and Diane Coyle (2023) <a href="https://www.productivity.ac.uk/research/investment-in-the-uk-longer-term-trends/" target="_blank">Investment in the UK: Longer Term Trends</a>, Working Paper No. 040, The Productivity Institute.</li><li>Dietrich Vollrath. <a href="https://press.uchicago.edu/ucp/books/book/chicago/F/bo44520849.html" target="_blank"><i>Fully Grown: Why a Stagnant Economy Is a Sign of Success</i></a>. University of Chicago Press, 2020.</li><li>Charles Goodhart and Manoj Pradhan. <i>T</i><a href="https://link.springer.com/book/10.1007/978-3-030-42657-6" target="_blank"><i>he Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival</i></a>. Palgrave Macmillan, 2020.</li><li>Daron Acemoglu and Simon Johnson. <a href="https://basicbooks.uk/titles/simon-johnson-2/power-and-progress/9781399804455/" target="_blank"><i>Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity</i></a>. PublicAffairs, 2023. </li><li>Diane Coyle.<a href="https://www.jstor.org/stable/j.ctv1kbgt01" target="_blank"> <i>Cogs and Monsters: What Economics Is, and What It Should Be</i></a>. Princeton University Press, 2021.</li><li>Diane Coyle, <i>The Measure of Progress: Counting What Really Matters</i>, Princeton University Press, forthcoming, Spring 2025.</li></ul> <p><b>About Productivity Puzzles:</b></p> <p>Productivity Puzzles is brought to you by <a href="https://www.productivity.ac.uk/" target="_blank">The Productivity Institute</a>, a research body involving nine academic institutions across the UK, eight Regional Productivity Forums throughout the nation, and a national independent Productivity Commission to advise policy makers at all levels of government. It is funded by the <a href="https://esrc.ukri.org/about-us/strategy-and-priorities/productivity/" target="_blank">Economic and Social Research Council</a>.</p>