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Technology, Productivity and Public PolicyRachel GriffithInstitute for Fiscal Studies (IFS); University of Manchester; Centre for Economic Policy Research (CEPR) Fiscal Studies, Vol. 28, No. 3, 2007 Abstract: The poor productivity performance of the UK and the EU when compared with the US has been a major driver of policy reforms over the past decade. This paper considers what the evidence suggests about why we have lagged behind the US, considering among other factors the importance of globalisation and outsourcing, the role for public policy intervention and what the key drivers of growth are likely to be for the future.
Number of Pages in PDF File: 19 Accepted Paper SeriesDate posted: December 11, 2007Suggested CitationContact Information
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