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The economic system is getting hotter. Is a productiveness increase subsequent?

Two of a very powerful details in regards to the international economic system over the previous decade are these: An enormous monetary disaster led to mass unemployment in lots of international locations and years of disappointing development. And regardless of a seeming barrage of technological innovation, productiveness development has been the weakest in many years.

Possibly it’s not a coincidence.

That’s the provocative conclusion of latest analysis from the McKinsey International Institute, the in-house assume tank of the consulting large, that implies we should always change how we take into consideration the developments that make society richer over time.

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Author: Techno Info

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