Productivity growth at the level of a firm is quite easy to understand. At its simplest it means a firm finding ways to produce more value with the same or less inputs; but exactly how the actions of individual firms build up to deliver productivity growth at the level of the economy is more difficult to imagine.
Category: Economy
Creative destruction – a force to be embraced and preserved?
The Visitor Economy Strategy Delivery Plan
Since the launch of the Visitor Economy Strategy in March 2024, stakeholders have worked together to develop an action plan, which has just been published
Population and Employment – What does the data tell us?
For a small island, we are lucky enough to be relatively data rich. We have a lot of data, and Statistics Jersey has a programme of work which is delivering more data, different data and better data. This creates a challenge for the economics unit as we look to use this information to understand the story it is telling us about the economy of Jersey. This month’s note looks at the data we have on population, employment and jobs, and the narrative that this data collectively tells us.
The notion of Visitor Economy
Why are we talking about the Visitor Economy and not just Tourism? We use the term Visitor Economy because this is a broader term concerned with the whole ecosystem and is more place-centric than the term Tourism, which is concerned with the person doing the visiting. For those who want a definition, let me humour … Read more The notion of Visitor Economy
Minister for Sustainable Economic Development – End of year round-up
This week, Ministers have provided updates to Scrutiny on the progress made against their 2023 Delivery Plans. These plans were made at the end of 2022 and set out a workplan for the year of 39 key priorities, legislation and projects. I am very proud of the work the Department for the Economy has made … Read more Minister for Sustainable Economic Development – End of year round-up
Choreographed Retail: High Street Theatre and the Digital Renaissance
Enter the stage: Retail theatre, a concept that rekindles the magic of high streets, casting them as the stars of an enchanting show that captivates the senses and engages the heart.
New Healthcare Facilities: Construction and Supplier Forum – exploring opportunities for the local sector
The New Healthcare Facilities team gives an update on construction industry engagement. The New Healthcare Facilities team has been keen to make an early start on engaging with the local construction sector, as we hope they will all have a role to play in delivering infrastructure and buildings for vital healthcare services. Last week we … Read more New Healthcare Facilities: Construction and Supplier Forum – exploring opportunities for the local sector
Jersey’s Economy: 2022
What happened to Jersey’s economy in 2022? One area did exceptionally, while others did not. Jersey’s Economic Advisory Team explain in their monthly blog
Help shape the proposed Digital Economy Strategy
The Government of Jersey has recently published a consultation on its proposed Digital Economy Strategy and wants Islanders to get involved in helping to shape it. Why? Digitalisation and the tools and services it provides are a fact of our lives. They enrich our communications with others and provide opportunities to better balance our working and personal lives. … Read more Help shape the proposed Digital Economy Strategy
Jersey’s Future Economy – The Only Way is Digital
In a guest blog, Dame Wendy Hall, Regius Professor of Computer Science at the University of Southampton and Non-Executive Director for Digital Jersey