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2024-03-09 17:56:36

Emeritus Prof Christopher May on Nostr: If you're think the key to economic success is productivity growth then the lagging ...

If you're think the key to economic success is productivity growth then the lagging expansion of productivity in the UK (and the EU) will be a concern.

Most notably while the global financial crisis hardly impacted US productivity growth, for the UK/EU, after 2008, slow(er) productivity growth has resulted in a growing productivity gap.

Is the US is benefitting from more investment, the status of the dollar as reserve currency or more state stimulus, or all three?

#productivity #investment

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