Building a Growth Strategy on a New Social Settlement: The UK Case

The paper will review the causes of recent UK economic under-performance in the context of a wider analysis of the exhaustion of the Thatcher/Reagan growth model, and explore how a more progressive growth model can be constructed out of a set of linked imperatives left in place by that exhaustion: including the need to increase labor productivity, rebalance industry and finance, raise the living standards of the millennial generation, and find a better work-life balance for two-income families.