Why is Britain’s government so inefficient? With Jeremy Hunt
The Economics Show
00:00
Challenges in Public Sector Productivity
This chapter explores the complexities of measuring productivity in the UK public sector, particularly in contrast to the private sector. It emphasizes the challenges posed by the absence of pricing mechanisms and the need for strategic investments to improve efficiency amidst rising demands. The discussion covers various sectors, particularly the NHS, and highlights the importance of autonomy in local management to foster innovation and better accountability.
Transcript
Play full episode
