LSE Blog - British Politics & Policy:
Kwasi Kwarteng: Does the UK need its own infrastructure bank?
27 April 2018
Several commentators have suggested that a domestic infrastructure bank could fill the void if the UK was unable to access EIB support. The LSE Growth Commission have promoted the creation of such an institution arguing that it would ‘help to reduce policy risk and…make investments that could then provide powerful examples with catalytic effects on private investment’. Indeed, examples from around the world demonstrate the success of such institutions.
Related publications
‘Investing for Prosperity: Skills, Infrastructure and Innovation’, Philippe Aghion, Tim Besley, John Browne, Francesco Caselli, Richard Lambert, Rachel Lomax, Chris Pissarides, Nick Stern and John Van Reenen, LSE Growth Commission Report, January 2013http://www.lse.ac.uk/researchAndExpertise/units/growthCommission/documents/pdf/LSEGC-Report.pdf
Related links
LSE Growth Commission website: http://www.lse.ac.uk/researchAndExpertise/units/growthCommission/home.aspx