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Britain's productivity puzzle

The Briefing Room

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The Impact of the Financial Crisis on Productivity

The immediate impact of the financial crisis was a major recession. The economy did start to grow again relatively soon, but the impact on productivity was long lasting. We don't get back to the pre two thousand and seven productivity performance. One being the austerity programm introduced by the consevative lead coalition government that came to paer in 20 ten.

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