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Lord Green: How the Guardian got it wrong on immigration

27 March 2015

Then there is the vital question of productivity. As Professor John van Reenen from the LSE observes, ''What the Chancellor didn't mention is that UK GDP per person is 16 per cent lower than we would have expected on pre-crisis trends and that the major factor is lousy productivity growth. Productivity is important because, while the Chancellor can point to healthy GDP growth numbers and high employment figures, productivity (GDP per hour) is critical for long run economic growth''.

This article was published online on Conservative Home on March 27, 2015
Link to article here

Related publications
Austerity: Growth Costs and Post-Election Plans, John Van Reenen, CEP 2015 Election Analyses Series, March 2015.

Related links
John Van Reenen webpage
Productivity and Innovation Programme webpage

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