How to grow the UK’s dwindling productivity

The UK economy is stuck. GDP growth per person has been anaemic over the last 14 years, and last year it actually fell. The cause behind these concerning figures is the collapse in the growth of productivity. If the next government is going to improve public services and living standards, it will first need to improve the economy’s productivity. Anna Valero and John Van Reenen assess the Conservatives’ and Labour’s plans for doing that, and argue that a radical approach is needed.