Jump to content
House Price Crash Forum
interestrateripoff

Oecd: Boosting Uk Productivity Is Key To Prosperity

Recommended Posts

http://www.bbc.co.uk/news/business-31599492

The Organisation for Economic Co-operation and Development (OECD) says further progress in UK living standards depends on higher productivity.

It says the UK's growth rate is now the highest in the G7 leading nations at 2.6%, but output per worker needs to rise to maintain growth.

But wide-ranging government policies have aided recovery, the OECD says.

These include low interest rates, quantitative easing (QE) and support for the housing market.

In its latest report, the body says employment has recovered to its pre-crisis trend and is now at record levels. However, weak labour productivity since 2007 has been holding back real wages and, it says, well-being.

The sustainability of economic expansion and further progress in living standards rest on boosting productivity growth, which is a key challenge for the coming years.

Although government schemes to help people buy property had been helpful, there were also risks to watch out for, the OECD added.

It said housing supply had not risen to meet demand and that a sudden rise in house prices could create risks to financial stability.

It said transport could be improved by introducing more toll roads.

And it said other infrastructure needed more participation from the private sector in the form of Public Private Partnerships (PPP).

Clearly introduces more toll roads would work the M6 has been a huge success....

https://www.m6toll.co.uk/pricing/

£5.50 each way for a car??? Another £11 to add to the daily commute clearly an outstanding way of boosting consumer spending in shops.

And more PPP a system that increases costs for the tax payer. You can tell why these people work for the OECD!

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/news/business-31599492

Clearly introduces more toll roads would work the M6 has been a huge success....

https://www.m6toll.co.uk/pricing/

£5.50 each way for a car??? Another £11 to add to the daily commute clearly an outstanding way of boosting consumer spending in shops.

And more PPP a system that increases costs for the tax payer. You can tell why these people work for the OECD!

The tool road is usually fairly empty. If they charged a £1 people would use it.

Greed is destroying society.

You can tell why these people work for the OECD!

I think they probably suffer from OECD.

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

http://uk.reuters.com/article/2015/02/24/uk-britain-economy-oecd-idUKKBN0LS12G20150224

The Organisation for Economic Cooperation and Development said on Tuesday that Britain should continue to cut its budget deficit after May's national election, and might need to rethink plans to shield healthcare and schools spending.

With May 7 shaping up to be one of the closest and most unpredictable elections in modern British history, all main parties have promised to maintain spending on schools and health. But the Paris-based think tank said this might impose unacceptably high cuts in other areas.

"(Britain should) continue to pursue the medium-term fiscal consolidation path ... and ensure consolidation efforts are fair," the OECD said in a report.

The opposition Labour party plans to balance the government's books, excluding investment spending, within the next parliament. The ruling Conservative Party says it intends to balance the budget completely and return a small surplus.

The OECD cited research suggesting that protecting areas such as health and education from spending cuts would imply average spending cuts elsewhere, in real terms, of almost 40 percent between the financial years 2010-11 and 2019-20.

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/news/business-31599492

Clearly introduces more toll roads would work the M6 has been a huge success....

https://www.m6toll.co.uk/pricing/

£5.50 each way for a car??? Another £11 to add to the daily commute clearly an outstanding way of boosting consumer spending in shops.

And more PPP a system that increases costs for the tax payer. You can tell why these people work for the OECD!

It seems they dont even bother covering up their lobbying anymore...

M6 toll owner: Make the non-tolled M6 run slower so people use my toll road. :lol:

http://en.wikipedia.org/wiki/M6_Toll#Midland_Expressway_Ltd

Of course, Im sure some enterprising MP will demand a blanket 30 limit on the old M6 for 'safety' reasons...Or replace spaghetti junction with a series of mini-roundabouts to make it less intimitating for cyclists.

Share this post


Link to post
Share on other sites

The OECD website seems very poor to me. Starting on the United Kingdom page I can't find the report. The main page isn't much better. Is OECD.org the real website? There seems to be lots of old news, and endless reports on all sorts of issues.

I read today a few reports that mentioned toll roads, and building on the green built.

http://www.oecd.org/unitedkingdom/

Share this post


Link to post
Share on other sites
Hardly surprising when the unproductive have been bailed out by the productive

It's the theme of the last 7 years plus. Everything's about investing / sitting on assets. Some other bugger (who is poorly paid) does the productivity that you invested in. Or pays the rent for living in your asset. And both those types of people are looked down upon as second class / unsuccessful. Boosting productivity will mean waking up 15 million+ people in the UK and telling them their assets are worth 50% of what they thought they were worth.

Share this post


Link to post
Share on other sites

Where were the OECD when the bubble blew up before, when the manufacturing sector shunted to the far east under a globalist policy - nowhere. And they talk about productivity in a country that produces very little in comparison with any decade in the last century. Laughable. Heck a 118 call to find a phone number costs a fiver. This is not an economy, it is a rif off paradise, run for and by the banking and rentier mob.

Screw them and their views, worthless.

Share this post


Link to post
Share on other sites

Governments would love more toll roads, another tax revenue stream. I'm sure the OECD comments would be very welcome (even suggested?).

Share this post


Link to post
Share on other sites

Governments would love more toll roads, another tax revenue stream. I'm sure the OECD comments would be very welcome (even suggested?).

Essentially its what the tories did last time too. Then they sold off the public utilities. As they already sold them off, they have to now sell off other things. Roads, schools, hospitals.

Its either that, or Reagan style deficit spending...i've yet to meet a conservative who is an actual fiscal conservative.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   210 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.