Weak Productivity: The Role of Financial Factors and Policies
By Romain Duval, Giuseppe Nicoletti, and Fabrizio Zampolli
January 8, 2018
Auto worker in Mexico: weak productivity has been a problem even before the global financial crisis (photo: Henry Romero/Newscom).
Almost ten years after the onset of the global financial crisis productivity growth remains anaemic in advanced economies despite very easy monetary conditions, casting doubts on the sustainability of the cyclical recovery. The productivity slowdown started well […]