In a more productive country, citizens could enjoy longer retirements, more consumption and a better class of rollercoaster
UK economyMany good foreign holidays raise the question, “why don’t we do it like this at home?” But this year I started to obsess about that idea. We’d gone to Germany — the Alps and the Black Forest — and everywhere I looked, I felt a twinge of envy. In the Alps, the village of Farchant boasted a 50-metre swimming pool, a diving pool, a children’s pool and an assortment of slides. I wrote last week about theThen there are the rollercoasters.
I began by looking at the World Bank’s data for gross domestic product per capita, measured in “international 2017 dollars” — an imperfect but necessary attempt to adjust for the changing cost of living between countries and over time. In 2007, just before the financial crisis, the UK’s per capita output was a little over $44,000.
By 2022, US GDP per capita had grown by more than 15 per cent and Denmark’s by 11 per cent. Germany’s had grown 14 per cent and Slovenia was 21 per cent richer than in 2007. Poland had done even better with more than 70 per cent growth. The UK’s limp economic performance reflects a slow accumulation of disappointments. A finance-heavy economy suffered a steep recession in 2008 ; a slow recovery ; more economic damage from Covid-19 ; and the economic trauma of Liz Truss . As a backdrop to all this, the economic costs of Brexit are steadily accumulating .
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Critical letter-writers should stop doing the Unionists’ job for themI AM a member of the SNP and have supported independence for 33 years, debating, arguing and leafleting for the cause. At the moment, I am very,…
Læs mere »
I regret my Ucas clearing panic - I wasted three years doing childhood studies and mediaClearing can be a great option for some, but 2020 graduate Emma Harkins wishes she'd approached it with far more caution
Læs mere »
Research shows a healthy diet, reading and doing sports promote reasoning skills in childrenReasoning skills are crucial skills in learning, academic performance, and everyday problem-solving. According to a recent study conducted at the University of Eastern Finland, improved overall diet quality and reduced consumption of red meat, as well as increased time spent in reading and organized sports enhanced reasoning skills among children over the first two school years.
Læs mere »
Scots pub boss begs owner to collect lost phone as ringing 'doing her nut in'Staff at the Bay Inn boozer have had to pile cushions on top of the mobile to drown out the noise.
Læs mere »
The EU is doing more — lots more\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Læs mere »
Love Island’s Danica Taylor: what is she doing now?Everything you need to know about Love Island 2022 bombshell Danica Taylor - including her job and instagram. Read more on heatworld.
Læs mere »