The UK cannot hope to compete with the world’s emerging economies and should consider opting out of the world competitiveness league tables, according to a leading academic.
Richard Scase, professor of organisational behaviour at the University of Kent, told Personnel Today that if the UK wants to keep pushing the work-life balance agenda, it would “have to pay the price” and accept a lower level of economic growth.
Scase said the UK – and the rest of Europe – should opt for “zero growth” economies that concentrated on sustaining present levels of economic well-being.
Richard Wainer, senior policy adviser at the CBI, described the idea as “interesting, but not viable”.
Will work-life balance be the death of us? See news analysis on page 13.