A new committee of economists led by Liz Truss will be established to address the West’s slow growth.
In order to help address the causes of slow development, Ms. Truss has convened the new development Commission, which will be unveiled later this month.
The commission will be presided over by economist and vice chair of the Centre for Economics and Business Research Douglas McWilliams, as first reported by The Telegraph.
The West’s ability to escape a “stagnation loop” would be taken into consideration, he said, by the new body.
“We need to change the economic conversation now for the future of our advanced democracies,” he said.
Ms. Truss’ primary focus during her unsuccessful run for Tory leader and subsequent brief tenure in No. 10 was growth.
Ms. Truss attacked the “anti-growth coalition” as she and her chancellor Kwasi Kwarteng attempted to use the mini-budget to stimulate growth in the British economy.
Apparently, the new commission will begin operations on July 12.
The website presently only contains a single page with the message “Coming Soon.”
The “Brexiteers’ brain” Shanker Singham, a specialist in international trade policy whose ideas in the years following the EU referendum earned him the nickname, will also be a member of the new organization.
