By Christophe André, Peter Gal and Álvaro Pereira It is well known that productivity ultimately drives living standards. In the long run, all that matters is productivity. However, productivity growth has been on a declining trend across the OECD for decades (Fernald, Inklaar and Ruzic, 2024; Goldin et al, 2024). Labour productivity – measured by… Read More »A policy framework for reviving productivity growth
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