About that persistent slowdown in productivity…

Trapped by low productivity, MS strategists reckon longer-term annual growth potential across the developed world currently stands at just 1.25 per cent, compared to the 2.75 per cent typically seen 20 years ago. So, instead of doubling about every 25 years, GDP might take 56 years to double from here.

Continue reading: About that persistent slowdown in productivity…

Trapped by low productivity, MS strategists reckon longer-term annual growth potential across the developed world currently stands at just 1.25 per cent, compared to the 2.75 per cent typically seen 20 years ago. So, instead of doubling about every 25 years, GDP might take 56 years to double from here.

Continue reading: About that persistent slowdown in productivity…