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The government has pledged to make 'levelling up' a core part of their policy agenda. To achieve this, they have promised increased investment spending and infrastructure spending.
What is investment spending? Why is investment so much lower now than it was 40 or 50 years ago? How does this relate to recent announcements from the government, and the response to the pandemic?
Joining us today are Professor Sir Tim Besley, Professor of Economics at LSE and member of the National Infrastructure Commission, and Ben Zaranko, Research Economist at IFS.
Host
Paul Johnson
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Participants
Tim Besley
Timothy is a Research Associate at the IFS and a Professor of Economics and Political Science at the London School of Economics and Political Science.
Ben Zaranko
Ben is a Senior Research Economist and an editor of the IFS Green Budget. His work focuses on the health and social care system and UK fiscal policy.
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