John Mills, Founder of the Institute for Prosperity, discusses how we can use exchange rate policy to kickstart manufacturing in the UK again and bring prosperity to left-behind communities.
The hit to the UK economy and the public finances from the pandemic and the persistent weakness of both investment and productivity have underlined the importance of finding policies that promote growth. Could engineering a substantial fall in the exchange rate be part of the solution?
In this latest piece, John Mills argues that the only way to secure a brighter economic future from Coronavirus is by creating the conditions for manufacturers to thrive and compete, just like we did in 1932.
