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The Times:
Scheme is no guarantee of reviving the economy

4 February 2013

...Act received Royal Assent, we have agreed terms for the Northern Line Extension and announced £10 billion of projects that prequalify for a guarantee. A report last week from the London School of Economics Growth Commission called on the Government to create an independent infrastructure bank to mitigate the "political procrastination" that has deterred investors from making long-term commitments.

This article was published in The Times on February 4, 2013
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Related publications
LSE Growth Commission Report - 'Investing for Prosperity: Skills, Infrastructure and Innovation', by Philippe Aghion, Timothy Besley, John Browne, Francesco Caselli, Richard Lambert, Rachel Lomax, Christopher Pissarides, Nick Stern and John Van Reenen, January 2013
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Related links
Francesco Caselli webpage
Christopher Pissarides webpage
John Van Reenen webpage
Productivity and Innovation Programme webpage
Macro Programme webpage
LSE Growth Commission website

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