Category Archives: productivity growth

13/11/20: The economy has two chronic illnesses (and neither are Covid)

My column for The Currency this week covers two key long-term themes in the global economy that pre-date the pandemic and will remain in place well into 2025: the twin secular stagnations hypotheses and the changing nature of the productivity. The link to the article is here; https://thecurrency.news/articles/28224/the-economy-has-two-chronic-illnesses-and-neither-are-covid/. 


 

9/1/19: Twin Secular Stagnations Thesis: Productivity Growth


For those of you following my coverage of the Twin Secular Stagnations thesis, here is more recent evidence on sluggish productivity, via @soberlook and @oxfordeconomics;
In simple terms, post-2008 crises, we have not recovered in terms of productivity growth in the advanced economy. This is one of the core blocks to the supply-side part of the TSS thesis: a permanently lower expansion in productivity, driven by a range of factors, including demographics and technological innovation (the nature of).

9/1/19: Twin Secular Stagnations Thesis: Productivity Growth


For those of you following my coverage of the Twin Secular Stagnations thesis, here is more recent evidence on sluggish productivity, via @soberlook and @oxfordeconomics;
In simple terms, post-2008 crises, we have not recovered in terms of productivity growth in the advanced economy. This is one of the core blocks to the supply-side part of the TSS thesis: a permanently lower expansion in productivity, driven by a range of factors, including demographics and technological innovation (the nature of).