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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

Daniel Tomlinson

Research and Policy Analyst
T: 0203 372 2966
E: daniel.tomlinson@resolutionfoundation.org
Publications

Wake me up when November ends

The economic outlook amid Lockdown II

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We’ve got less than 48 hours until a second national lockdown in England begins, and who knows how long until it comes to an end. Pubs, hotels, and hairdressers’ doors…
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Events

Paying for Covid

Repairing the public finances without derailing the economy

COVID-19 has already been extremely expensive, with borrowing forecast to exceed £400 billion this year and a substantial deficit set to continue well after the crisis has passed. But that…
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Events

Building a nation to belong to

Preparing for a new post-pandemic economy

Live interactive webinar to launch new book ‘The economics of belonging’ by Martin Sandbu. Register to receive access link. In just over a decade, the UK has been hit by…
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Publications

Dead-end relationship?

Exploring the link between productivity and workers’ living standards

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Summary The strength of the relationship between productivity growth and median pay growth – and what it means for the way in which the gains from economic growth are shared…
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Publications

The beginning of the end… …but not the end of the beginning

Governor Carney’s valedictory speech discusses the future of the UK’s monetary policy remit – but this is just the start of an important debate

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The beginning of the end… After several false starts, the appointment of his successor (Andrew Bailey) means Mark Carney finally has a leaving date (15 March). He can now concentrate…
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Events

Working Britain

What does 2020 have in store for job prospects and pay packets?

Friday 10 January 2019, 9.30-10.45am, Resolution Foundation offices, Westminster 2019 was a good year for the labour market – the area of the economy that matters most to households. Employment…
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Events

The Economic Outlook for 2020 and beyond

Speech by MPC member Jonathan Haskel

Friday 20 December, 11am-12pm, Resolution Foundation offices, Westminster The UK is about enter a new year, and a new decade, amid widespread economic uncertainty at home and abroad. Understanding the…
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Publications

Rewriting the rules

Assessing Conservative and Labour’s new fiscal frameworks

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Fiscal rules are technical frameworks only ever focused on by a tiny fraction of the population. But they are important for government’s running of our public finances, and for having…
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