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Type: IFS Press Releases
Published in: IFS press releases
Collaborative research by Advanced Institute of Management Research (AIM) Fellows shows that in 2001 the two largest contributors to the gap with the US were services in which the UK is usually thought to do well ื the retail/wholesale sector and financial services. In these two industries relative productivity versus the US has actually worsened. What's more, over the past decade employment in the UK has shifted into some of the lowest productivity sectors, adding to the aggregate gap. Search |
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