Return to Growth Volume One

Return to Growth Volume One
Author: Jon Moynihan
Publisher: Biteback Publishing
Total Pages: 339
Release: 2024-09-10
Genre: Political Science
ISBN: 1785909428

The UK has, in recent years, been suffering from what is nothing short of an economic crisis. Growth has now completely stalled in those western democracies, the UK included, where high government spending and high taxes have steadily burgeoned, decade after decade. Free-market economies now threaten to leave us behind in terms of wealth, opportunity and standards of living. At the end of Rishi Sunak's 2024 government, expenditure was at 45 per cent of GDP and taxes were 36 per cent and rising – yet still nowhere near sufficient to cover public expenditure. The government's net annual borrowing is now a completely unsustainable 4.4 per cent of GDP, with our overall national debt growing rapidly and alarmingly. In this arresting and powerful manifesto for economic change, Jon Moynihan analyses the UK's decades-long stagnant economy and looks at what can be done to resuscitate it. Combining rigorous research with unparalleled business experience, he explores the key dynamics affecting economic growth, ranging from government borrowing, expenditure, tax and regulation to the way national resources are deployed on non-productive and futile, growth-stifling endeavours. Ultimately, Moynihan shows that unless we act now to reverse the decline, by radically restructuring our economy to stimulate economic growth, the UK risks stagnation, financial collapse and a long-term disintegration in our standard of living. Ignore his warning at your peril.

The Elusive Quest for Growth

The Elusive Quest for Growth
Author: William R. Easterly
Publisher: MIT Press
Total Pages: 441
Release: 2002-08-02
Genre: Business & Economics
ISBN: 0262260654

Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.

Development Centre Studies The World Economy Historical Statistics

Development Centre Studies The World Economy Historical Statistics
Author: Maddison Angus
Publisher: OECD Publishing
Total Pages: 275
Release: 2003-09-25
Genre:
ISBN: 9264104143

Following on from his The World Economy: a Millennial Perspective, published by the OECD in 2001, in this book, Angus Maddison offers a rare insight into the history and political influence of national accounts and national accounting.

Development Centre Studies The World Economy Volume 1: A Millennial Perspective and Volume 2: Historical Statistics

Development Centre Studies The World Economy Volume 1: A Millennial Perspective and Volume 2: Historical Statistics
Author: Maddison Angus
Publisher: OECD Publishing
Total Pages: 657
Release: 2006-09-18
Genre:
ISBN: 9264022627

The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective (2001) and The World Economy: Historical Statistics (2003). This new edition contains Statlinks, so that readers can access the underlying data in Excel format.