Davies, Howard, (2017), “Understanding The Productivity Puzzle”, Social Europe, 26 Ιουνίου
According to the UK’s Office for National Statistics, output per hour in France was 14% lower in 2015 than it would have been had the previously normal trend growth rate been matched. Output was 9% lower in the United States and 8% lower in Germany, which has remained the top performer among developed economies, albeit only in relative terms. If this new, lower growth rate persists, by 2021 average incomes in the US will be 16% lower than they would have been had the US maintained the roughly 2% annual productivity gain experienced since 1945.
Σχετικές Αναρτήσεις
- OECD, (2017), «Continued slowdown in productivity growth weighs down on living standards», 18 Μαϊου
- Buti, Marco, Leandro, José, Berti, Katia, (2017), «An unusual recovery: Charting the way forward for European policymakers», 12 Μαϊου