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Economic growth


A growing economy comes with improving economic conditions: faster wage growth, increasing employment, and stronger public finances. All of these can help facilitate improvements in the economic position of families, particularly those on low-to-middle incomes. Our work in this area analyses the potential for future economic growth and how it can be shaped so that the benefits can be shared broadly across the economy.


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Unhealthy finances

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How to support the economy today and repair the public finances tomorrow

This report provides analysis of the dual challenges faced by the government: ensuring that there is sufficient fiscal support through the crisis and recovery, and setting fiscal policy on a sustainable long-term path. Some argue it is unsustainable to provide the massive government support during the crisis, while others see little constraint on government borrowing in an era of low interest rates. Neither position is helpful for long-term economic outcomes. In the face of low interest rates, fiscal policy has to be the main tool for supporting the economy now and in the future, meaning bigger fiscal stimulus and in...

Contacts

James Smith

James Smith

Research Director
T: 0203 372 2956
E: james.smith@resolutionfoundation.org
Greg Thwaites

Greg Thwaites

Research Associate
T: 0203 372 2960
E: gregory.thwaites@resolutionfoundation.org
Events

Open for business?

Assessing the performance of British firms

British firms have had a tumultuous decade – from the financial crisis to the Covid-19 pandemic. The 2020s brings new challenges as they grapple with post-Brexit trade and regulatory changes,…
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Publications

Are you better off today?

Real income growth under different governments since 1955

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In the 1980 presidential contest between the incumbent Jimmy Carter and Ronald Reagan, the latter asked voters “Are you better off today than you were four years ago?”. Although far…
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Events

Gaining from growth

When the economy grows, do wages?

While GDP is rarely discussed in the pub, the feedthrough from economic growth to higher wages is central to boosting family living standards. And while both pay and wider economic…
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Events

Cogs and Monsters

How economics needs to adapt to solve the world’s crises

Digital technology, big data, machine learning and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. The profession faces enormous challenges…
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Events

From boom to bust and back again

200 years of economic change across Britain

Book launch for ‘Two hundred years of muddling through’ by Duncan Weldon The UK is facing a decisive decade of change, responding to the triple shocks of Brexit, Covid-19 and…
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Comment

Solving the productivity puzzle

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Regional inequalities are a longstanding feature within UK political debate. However, they have gained additional pertinence in the years since the 2008 financial crisis. From the 2016 EU referendum result,…
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Events

The UK’s decisive decade

Launch of The Economy 2030 Inquiry

The UK is on the brink of a decade of change. In the 2020s, the country will need to not just recover from Covid-19, but also emerge from the EU,…
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Events

Building back better

Structural change in post-pandemic economies

From the emptying of city centres and closure of entire industries, to the rapid growth in remote offices and new methods of work, the Covid-19 pandemic has fast-forwarded change in…
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