Britain needs a fourth generation industrial policy

Dropping the bomb report coverVicky Pryce
June 2012

Following the financial crisis and recession in the UK, it is more important than ever to examine the government’s role in stimulating long term growth.

In this report, Vicky Pryce describes three generations of post-war industrial policy, and draws on the strengths of these, as well as what was missing from them, to set out a coherent fourth generation approach that provides the best possible results for Britain.

The questions this report addresses include: Why do we need an industrial policy? In what areas does the UK have an international advantage and why? What can we learn from past successes, here and abroad? Should we favour manufacturing over services? Is the government doing enough?

Download the report.