supply-side policy

Publication date: 6 Feb 2019 | Publication type: National Institute Economic Review | Theme: Trade, Investment & Productivity | External authors: Crafts, N | JEL classification: N14, O47, O52 | Journal: National Institute Economic Review Issue 247 | Publisher: Sage Publications, London
On average, UK productivity performance in the decades leading up to the financial crisis was quite disappointing. Joining the EU was not to blame. Indeed, EU membership, which was an integral part of the Thatcher reform programme, had a significant positive impact. Over the long run, UK supply-...