Boosting productivity: why doesn't the UK invest enough?
Jagjit Chadha and Anthony J. Venables
The UK economy has long suffered from chronic levels of underinvestment. Many factors explain the failure to invest enough. One recurring theme is short-term thinking - by managers who don't invest in projects with long-term payoffs; and by governments that don't provide a stable policy environment, say Jagjit Chadha and Tony Venables.
16 January 2024
Economics Observatory
https://www.economicsobservatory.com/boosting-productivity-why-doesnt-the-uk-invest-enough
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