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Economic growth theories have provided significant insights into the mecha- nisms driving development, yet single-idea models often fall short in addressing the complexities of modern economies. The Solow Growth Model, endogenous growth frameworks, and structural change theories each focus on specific drivers of growth but lack a comprehensive perspective. This paper proposes an integrated overarching model that combines elements from these frameworks, including capi- tal accumulation, human capital, technological progress, structural transformation, institutional quality, and globalisation. By addressing the limitations in existing theories, this model is tailored to the UK’s economic challenges and highlights ac- tionable strategies for fostering innovation, reforming education, enhancing trade, strengthening governance, and building resilience to shocks. This holistic frame- work aims to guide the UK toward achieving sustainable and inclusive growth in an increasingly interconnected global economy."> <META NAME="keywords" CONTENT=""> <META NAME="jel_code" CONTENT=""> <META NAME="author" CONTENT="Adamou, Marios"> <META NAME="author_shortid" CONTENT=""> <META NAME="title" CONTENT="Ideas on a Model of Economic Growth for the UK: An Integrated Framework"> <META NAME="download" CONTENT="1"> <META NAME="freedownload" CONTENT="1"> <META NAME="date" CONTENT="2025-02-02"> <META NAME="citation_publication_date" CONTENT="2025/01/03"> <META NAME="citation_authors" content="Adamou, Marios"> <META NAME="citation_title" content="Ideas on a Model of Economic Growth for the UK: An Integrated Framework"> <META NAME="citation_abstract" content="Economic growth theories have provided significant insights into the mecha- nisms driving development, yet single-idea models often fall short in addressing the complexities of modern economies. The Solow Growth Model, endogenous growth frameworks, and structural change theories each focus on specific drivers of growth but lack a comprehensive perspective. This paper proposes an integrated overarching model that combines elements from these frameworks, including capi- tal accumulation, human capital, technological progress, structural transformation, institutional quality, and globalisation. By addressing the limitations in existing theories, this model is tailored to the UK’s economic challenges and highlights ac- tionable strategies for fostering innovation, reforming education, enhancing trade, strengthening governance, and building resilience to shocks. 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The Solow Growth Model, endogenous growth frameworks, and structural change theories each focus on specific drivers of growth but lack a comprehensive perspective. This paper proposes an integrated overarching model that combines elements from these frameworks, including capi- tal accumulation, human capital, technological progress, structural transformation, institutional quality, and globalisation. By addressing the limitations in existing theories, this model is tailored to the UK’s economic challenges and highlights ac- tionable strategies for fostering innovation, reforming education, enhancing trade, strengthening governance, and building resilience to shocks. 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<a class="nav-link active" id="author-abstract-tab" data-toggle="tab" href="#author-abstract" role="tab" aria-controls="author-abstract" aria-selected="true">Author & abstract</a> </li> <li class="nav-item"> <a class="nav-link download-tab" id="download-tab" data-toggle="tab" href="#download" role="tab" aria-controls="download" aria-selected="false">Download</a> </li> <li class="nav-item"> <a class="nav-link" id="refs-tab" data-toggle="tab" href="#refs" role="tab" aria-controls="refs" aria-selected="false">3 References</a> </li> <li class="nav-item"> <a class="nav-link" id="mrel-tab" data-toggle="tab" href="#mrel" role="tab" aria-controls="mrel" aria-selected="false">Most related</a> </li> <li class="nav-item"> <a class="nav-link" id="more-tab" data-toggle="tab" href="#more" role="tab" aria-controls="more" aria-selected="false">Related works & more</a> </li>  <li class="nav-item"> <a class="nav-link" id="correct-tab" data-toggle="tab" href="#correct" role="tab" aria-controls="correct" 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The Solow Growth Model, endogenous growth frameworks, and structural change theories each focus on specific drivers of growth but lack a comprehensive perspective. This paper proposes an integrated overarching model that combines elements from these frameworks, including capi- tal accumulation, human capital, technological progress, structural transformation, institutional quality, and globalisation. By addressing the limitations in existing theories, this model is tailored to the UK’s economic challenges and highlights ac- tionable strategies for fostering innovation, reforming education, enhancing trade, strengthening governance, and building resilience to shocks. This holistic frame- work aims to guide the UK toward achieving sustainable and inclusive growth in an increasingly interconnected global economy.</div> <h2>Suggested Citation</h2> <div id="biblio-body"> <LI class="list-group-item downfree"> Adamou, Marios, 2025. "<B><A HREF="/p/osf/osfxxx/t2vhj.html">Ideas on a Model of Economic Growth for the UK: An Integrated Framework</A></B>," <A HREF="/s/osf/osfxxx.html">OSF Preprints</A> t2vhj, Center for Open Science. </li> Handle: <i style="word-break:break-all">RePEc:osf:osfxxx:t2vhj</i> <br>DOI: 10.31219/osf.io/t2vhj <form method="post" action="/cgi-bin/refs.cgi" enctype="multipart/form-data" target="refs" class="form-inline" role="form" style="margin-bottom: 10px;"> <input type="hidden" name="handle" value="RePEc:osf:osfxxx:t2vhj"> <div class="pull-left" style="padding-right: 2px;"> <input type="submit" class="btn btn-default fa" name="ref" value="Export reference "> as </div> <div class="col-xs-8" style="padding-left: 0;"> <select name="output" size="1"> <option value="0">HTML</option> <option value="0.5">HTML with abstract</option> <option value="1">plain text</option> <option value="1.5">plain text with abstract</option> <option value="2">BibTeX</option> <option value="3">RIS (EndNote, RefMan, ProCite)</option> <option value="4">ReDIF</option> <option value="6">JSON</option> </select> </div> </form></div> </div> <div class="tab-pane fade" id="download" role="tabpanel" aria-labelledby="download-tab"> <h2>Download full text from publisher</h2><p></p> <FORM METHOD=GET ACTION="/cgi-bin/get_doc.pl" target="_blank"> <INPUT TYPE=HIDDEN NAME="urn" VALUE="RePEc:osf:osfxxx:t2vhj"><INPUT TYPE="radio" NAME="url" VALUE="https://osf.io/download/67742124951ae109fe69880d/" checked><B>File URL:</B> <span style="word-break:break-all">https://osf.io/download/67742124951ae109fe69880d/</span><BR><B>Download Restriction:</B> no<BR> <HR><INPUT TYPE="radio" NAME="url" VALUE="https://libkey.io/10.31219/osf.io/t2vhj?utm_source=ideas"> <B>File URL:</B> <span style="word-break:break-all">https://libkey.io/10.31219/osf.io/t2vhj?utm_source=ideas</span><BR> <B>LibKey link</B>: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item<BR> <font size="+2" color="red">---><INPUT TYPE="SUBMIT" class="btn fa" VALUE="Download the selected file " style="color:white;background-color:#2d4e8b;"><---</font></FORM><P> </div> <div class="tab-pane fade" id="refs" role="tabpanel" aria-labelledby="refs-tab"><h2>References listed on IDEAS</h2><form method="post" action="/cgi-bin/refs.cgi" enctype="multipart/form-data" target="refs" class="form-inline" role="form" style="margin-bottom: 10px;"> <input type="hidden" name="handle" value="repec:oup:qjecon:v:70:y:1956:i:1:p:65-94.#repec:ucp:jpolec:v:94:y:1986:i:5:p:1002-37#repec:cla:levarc:2232#repec:eee:moneco:v:22:y:1988:i:1:p:3-42"> <div class="pull-left" style="padding-right: 2px;"> <input type="submit" class="btn btn-default fa" name="ref" value="Export references "> as </div> <div class="col-xs-8" style="padding-left: 0;"> <select name="output" size="1"> <option value="0">HTML</option> <option value="0.5">HTML with abstract</option> <option value="1">plain text</option> <option value="1.5">plain text with abstract</option> <option value="2">BibTeX</option> <option value="3">RIS (EndNote, RefMan, ProCite)</option> <option value="4">ReDIF</option> <option value="6">JSON</option> </select> </div> </form> <ol class="list-group"><LI class="list-group-item downgate"> Romer, Paul M, 1986. "<B><A HREF="/a/ucp/jpolec/v94y1986i5p1002-37.html">Increasing Returns and Long-run Growth</A></B>," <A HREF="/s/ucp/jpolec.html">Journal of Political Economy</A>, University of Chicago Press, vol. 94(5), pages 1002-1037, October. <div class="otherversion"><UL> <LI class="list-group-item downfree"> Paul M Romer, 1999. "<B><A HREF="/p/cla/levarc/2232.html">Increasing Returns and Long-Run Growth</A></B>," <A HREF="/s/cla/levarc.html">Levine's Working Paper Archive</A> 2232, David K. Levine. </UL></div> <LI class="list-group-item downgate"> Robert M. Solow, 1956. "<B><A HREF="/a/oup/qjecon/v70y1956i1p65-94..html">A Contribution to the Theory of Economic Growth</A></B>," <A HREF="/s/oup/qjecon.html">The Quarterly Journal of Economics</A>, President and Fellows of Harvard College, vol. 70(1), pages 65-94. <LI class="list-group-item downgate"> Lucas, Robert Jr., 1988. "<B><A HREF="/a/eee/moneco/v22y1988i1p3-42.html">On the mechanics of economic development</A></B>," <A HREF="/s/eee/moneco.html">Journal of Monetary Economics</A>, Elsevier, vol. 22(1), pages 3-42, July. </ol> <A TARGET="_blank" HREF="http://citec.repec.org/cgi-bin/get_data.pl?h=RePEc:osf:osfxxx:t2vhj&o=all"><B>Full references</B> <i class="fa fa-external-link"></i></A> (including those not matched with items on IDEAS)<P> </div> <div class="tab-pane fade" id="mrel" role="tabpanel" aria-labelledby="mrel-tab"> <h2>Most related items</H2> These are the items that most often cite the same works as this one and are cited by the same works as this one. <ol class="list-group"><LI class="list-group-item downgate"> Rao, B. Bhaskara, 2010. 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"<B><A HREF="/a/eee/jmacro/v38y2013ipbp151-166.html">Looking for a break: Identifying transitions in growth regimes</A></B>," <A HREF="/s/eee/jmacro.html">Journal of Macroeconomics</A>, Elsevier, vol. 38(PB), pages 151-166. <div class="otherversion"><UL> <LI class="list-group-item downfree"> Sabyasachi Kar & Lant Pritchett & Selim Raihan & Kunal Sen, 2013. "<B><A HREF="/p/awe/wpaper/332.html">Looking for a Break: Identifying transitions in growth regimes</A></B>," <A HREF="/s/awe/wpaper.html">IEG Working Papers</A> 332, Institute of Economic Growth. </UL></div> <LI class="list-group-item downgate"> Kumar, Sanjesh & Singh, Baljeet, 2019. "<B><A HREF="/a/eee/ecmode/v82y2019icp74-86.html">Barriers to the international diffusion of technological innovations</A></B>," <A HREF="/s/eee/ecmode.html">Economic Modelling</A>, Elsevier, vol. 82(C), pages 74-86. <LI class="list-group-item downgate"> Carine Nourry, 2012. "<B><A HREF="/a/kap/jeczfn/v105y2012i1p97-100.html">Dasgupta, D.: Modern growth theory</A></B>," <A HREF="/s/kap/jeczfn.html">Journal of Economics</A>, Springer, vol. 105(1), pages 97-100, January. <LI class="list-group-item downfree"> Fofack, Hippolyte, 2008. "<B><A HREF="/p/wbk/wbrwps/4582.html">Technology trap and poverty trap in Sub-Saharan Africa</A></B>," <A HREF="/s/wbk/wbrwps.html">Policy Research Working Paper Series</A> 4582, The World Bank. <LI class="list-group-item downgate"> Jos� Lobo & Charlotta Mellander & Kevin Stolarick & Deborah Strumsky, 2014. "<B><A HREF="/a/taf/indinn/v21y2014i2p155-177.html">The Inventive, the Educated and the Creative: How Do They Affect Metropolitan Productivity?</A></B>," <A HREF="/s/taf/indinn.html">Industry and Innovation</A>, Taylor & Francis Journals, vol. 21(2), pages 155-177, February. <div class="otherversion"><UL> <LI class="list-group-item downfree"> Lobo, José & Mellander, Charlotta & Stolarick, Kevin & Strumsky, Deborah, 2012. "<B><A HREF="/p/hhs/cesisp/0263.html">The Inventive, the Educated, and the Creative: How Do They Affect Metropolitan Productivity?</A></B>," <A HREF="/s/hhs/cesisp.html">Working Paper Series in Economics and Institutions of Innovation</A> 263, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. </UL></div> <LI class="list-group-item downgate"> BlomstrÃ¶m, Magnus & Kokko, Ari, 2003. "<B><A HREF="/p/cpr/ceprdp/3762.html">Human Capital and Inward FDI</A></B>," <A HREF="/s/cpr/ceprdp.html">CEPR Discussion Papers</A> 3762, C.E.P.R. Discussion Papers. <div class="otherversion"><UL> <LI class="list-group-item downfree"> Blomström, Magnus & Kokko, Ari, 2003. "<B><A HREF="/p/hhs/eijswp/0167.html">Human Capital and Inward FDI</A></B>," <A HREF="/s/hhs/eijswp.html">EIJS Working Paper Series</A> 167, Stockholm School of Economics, The European Institute of Japanese Studies. </UL></div> <LI class="list-group-item downgate"> Mihály Borsi & Norbert Metiu, 2015. "<B><A HREF="/a/spr/empeco/v48y2015i2p657-681.html">The evolution of economic convergence in the European Union</A></B>," <A HREF="/s/spr/empeco.html">Empirical Economics</A>, Springer, vol. 48(2), pages 657-681, March. <div class="otherversion"><UL> <LI class="list-group-item downfree"> Borsi, Mihály Tamás & Metiu, Norbert, 2013. "<B><A HREF="/p/zbw/bubdps/282013.html">The evolution of economic convergence in the European Union</A></B>," <A HREF="/s/zbw/bubdps.html">Discussion Papers</A> 28/2013, Deutsche Bundesbank. </UL></div> <LI class="list-group-item downfree"> Matthias Firgo & Peter Mayerhofer, 2015. "<B><A HREF="/p/clr/mwugar/144.html">Wissens-Spillovers und regionale Entwicklung - welche strukturpolitische Ausrichtung optimiert des Wachstum?</A></B>," <A HREF="/s/clr/mwugar.html">Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft</A> 144, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik. <LI class="list-group-item downgate"> B. Bhaskara Rao & Arusha Cooray, 2012. "<B><A HREF="/a/taf/applec/44y2012i6p671-681.html">How useful is growth literature for policies in the developing countries?</A></B>," <A HREF="/s/taf/applec.html">Applied Economics</A>, Taylor & Francis Journals, vol. 44(6), pages 671-681, February. <div class="otherversion"><UL> <LI class="list-group-item downfree"> Rao, B. Bhaskara & Cooray, Arusha, 2009. 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"<B><A HREF="/a/prs/reveco/reco_0035-2764_1993_num_44_2_409457.html">Hystérésis et piège du sous-développement dans un modèle de croissance endogène</A></B>," <A HREF="/s/prs/reveco.html">Revue Économique</A>, Programme National Persée, vol. 44(2), pages 431-450. <div class="otherversion"><UL> <LI class="list-group-item downnone"> Antoine d'Autume & Philippe Michel, 1993. "<B><A HREF="/p/hal/journl/halshs-00430019.html">Hystérésis et piège du sous-développement dans un modèle de croissance endogène</A></B>," <A HREF="/s/hal/journl.html">Post-Print</A> halshs-00430019, HAL. <LI class="list-group-item downnone"> Antoine d'Autume & Philippe Michel, 1993. "<B><A HREF="/p/hal/cesptp/halshs-00430019.html">Hystérésis et piège du sous-développement dans un modèle de croissance endogène</A></B>," <A HREF="/s/hal/cesptp.html">Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)</A> halshs-00430019, HAL. </UL></div> <LI class="list-group-item downgate"> Shaukat, Badiea & Zhu, Qigui & Khan, M. Ijaz, 2019. "<B><A HREF="/a/eee/phsmap/v534y2019ics0378437119312701.html">Real interest rate and economic growth: A statistical exploration for transitory economies</A></B>," <A HREF="/s/eee/phsmap.html">Physica A: Statistical Mechanics and its Applications</A>, Elsevier, vol. 534(C). <LI class="list-group-item downgate"> Panagiotis Pegkas & Constantinos Tsamadias, 2017. "<B><A HREF="/a/spr/jknowl/v8y2017i1d10.1007_s13132-015-0286-z.html">Are There Separate Effects of Male and Female Higher Education on Economic Growth? 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"<B><A HREF="/p/ulp/sbbeta/2020-18.html">Culture, Institutions and Economic Growth</A></B>," <A HREF="/s/ulp/sbbeta.html">Working Papers of BETA</A> 2020-18, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg. </ol> </div> <div class="tab-pane fade" id="more" role="tabpanel" aria-labelledby="more-tab"> <H2> More about this item</H2><h3>Statistics</h3> <A HREF="http://logec.repec.org/scripts/paperstat.pl?h=RePEc:osf:osfxxx:t2vhj">Access and download statistics</A> </div>  <div class="tab-pane fade" id="correct" role="tabpanel" aria-labelledby="correct-tab"> <h2>Corrections</H2> <P>All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: <I style="word-break:break-all;">RePEc:osf:osfxxx:t2vhj</I>. 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