Reversing the Decline: How to Fix the UK Economy | Shanker Singham x Peter McCormack Show

Shanker Singham is a leading trade economist, competition lawyer, and policy expert, known for advising governments on free markets, regulatory reform, and trade policy, and playing a key role in shaping post-Brexit economic strategies for the UK.

In this interview, we discuss the government decisions over the past 25 years have crippled growth, increased debt, and left everyday people struggling. Singham discusses GDP per capita decline, regulatory capture, taxation failures, and why the UK is falling behind the US and even Poland. We also discuss how entrenched elites manipulate policies for their own gain, how over-regulation kills competition, and how Brexit’s economic potential is being squandered.

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00:00:00 - Introduction
00:02:04 - Understanding Economic Growth
00:05:38 - The Impact of Bad Policies
00:09:50 - How Regulation Kills Competition
00:12:58 - The UK’s Decline vs. the US
00:16:53 - The UK Is Falling Behind Poland
00:20:51 - The Cost of Government Control
00:25:00 - Why Businesses Struggle to Grow
00:28:59 - Protecting Big Corporations
00:32:50 - The Problem with UK Banking
00:37:00 - Overregulation Destroys Wealth
00:42:02 - Brexit: A Missed Opportunity
00:45:18 - The Cost of Bad Politics
00:50:10 - How To Fix the UK Economy
00:56:09 - Why the UK Needs Reform
01:01:37 - The Role of the US in Trade
01:04:52 - Trump, Tariffs, and Global Trade
01:10:00 - Why Trump’s Tariffs Might Work
01:15:28 - Should the UK Adopt Freeports?
01:18:50 - Why Singapore Succeeded
01:20:14 - What Needs To Change in Britain

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