Before the pandemic hit, growth was struggling at around one point six per year. Growth is critical in order to double per capita incomes in a generation - that's just the rule of 72. Without growth, we're not going to get improvements and living standards won't be able to pay for public goods. Im an, arguably, we won't even be able to have a competitive democratic process that actually can, can stand the test of time.
Former governor of the Bank of England Lord King, global economist Dr Dambisa Moyo and businessman Ian Livingstone join Senior Editor at the Economist Anne McElvoy to map out a road to economic recovery after the pandemic. Following UK Prime Minister Boris Johnson's warning of a new 'tidal wave' of Covid-19 cases in the coming weeks in the UK and beyond, we returned to this discussion from the Cliveden Literary Festival in October about what Operation Phoenix - rising from the ashes of the economic crisis - would actually mean.
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