Why has the UK's productivity lagged behind that of its major Article

Why has the UK's productivity lagged behind that of its major competitors and what can be done to improve the productivity and competitiveness of the UK economy - Article Example A person such as the Exchequer Gordon Brown’s UK Chancellor, in his speeches, productivity is his main theme. However, despite the fact that UK is lagging, it is far much at the forefront in terms of labor and capital markets structural amendments. To come up to the analysis that UK’s productivity is low, examination of the economy’s six sectors took place and the results indicated that it’s true that output was low. Those sectors examined are; car production, retailing software, telecoms, food processing and hotels. McKinsey Global Institute a global most highly regarded management consulting firm is the one that conducted the research regarding the matter. UK should address several issues to increase its output. One of the major concerns is increasing expenditure to boost high levels of research and development and reducing diversion of resources towards the public sector which is less productive. It is vital for the state to increase its level of investment despite the fact that the Crash of Lehman Brothers led damaged the country’s economy in the year 2008 because many other firms held off from investing in the modern, most efficient technology and processes. Businesses should enhance their levels of innovation, come up with good labor relations, improve their technology usage and adopt modern technology to ensure that businesses stay for long in their field. The government should come up with extra reforms in its business regulations in order to boost investment thus increasing productivity of the

Assignment Two Essay Example | Topics and Well Written Essays - 500 words

Assignment Two - Essay Example Christianity, the religion of Jesus Christ and his followers, is frequently described as the most tolerant of the monotheistic religions. Perhaps this is true but Christianity is not without its history of forced conversion, pogroms and religious intolerance. Although the founder of Protestantism and responsible for the historically significant schism within Christianity and the Catholic Church, Martin Luther also displayed a candid intolerance towards people who did not share his religious persuasion. Accordingly, Luther writes that the â€Å"Turks pretend, despite the Holy Scriptures, that they are the chosen people of God, descendents of Ishmael† and argues that they are slanderous, warlike and barbaric. Although his saves much disdain for the Catholic Church, the Muslims people are to be feared and their idolatry is not too be tolerated (Luther 116-117). Roger Williams, an early American settler and founder of what would later become Rhode Island, railed against the Cathol ic Church and Catholicism in general but also preached for a plurality of religious persuasions in the United States. Advocating religious tolerance and diversity in this new land he was a strong proponent of the division between church and state (Williams 117). Accordingly, there is also a strong tradition of religious tolerance in Islam, dating back to the Middle Ages and the Empire of Akbar in the 16th century. Akbar, Mughal Emperor of a vast Muslim-majority empire, represented an era of tolerance and openness to religious other than Islam and presided over a diverse population. Although a Muslim himself and presiding over a larger Muslim population, Akbar also reached out to the Hindus in his Empire and further drew inspiration from the Buddhists, Zoroastrians and other religious denominations in the empire. According to a less than laudatory biographer, Christians were also integrated into the empire and encouraged their beliefs within the dominant